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Off market
  • $7,921,500

    945 Pine Ave #65, Carlsbad, CA 92008

    1beds
    2baths
    11,388sqft
    Multi Family
    Built in ----
    -- sqft lot
    $7,921,500 Zestimate®
    $696/sqft
    $-- Estimated rent

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    What's special

    Tranquilla Apartments are a newly renovated 20-unit residential community perfectly appointed to attract the highest quality tenants in the market. The comprehensive renovation completed in 2022 includes building exterior, interior, and major systems. Unit interiors feature state of the art kitchens with wood shaker cabinets, quartz countertops, high end matte black fixtures, and 5-piece stainless steel appliance packages with LG washer/dryers, dishwasher, refrigerator, gas range and microwave. The units are also appointed with new wood vinyl plank flooring, A/C’s (12,000 BTU’s), modern ceiling fans, pocket doors and bathrooms with tile shower enclosure and vanities matching the modern décor of the kitchens. Exterior renovations include new roofs, windows, rain gutters, exterior paint, plumbing and electrical. The plumbing work includes all new supply lines from the street water meter and lateral drain lines from the slab up. The electrical improvements include wiring throughout the units and a power upgrade from 200 amps to 400 amps with all new meters from SDG&E. Originally built in 1962 (Renovated 2022), the property features four single-story buildings sprawled out over an expansive 33,977 SF lot with abundant off-street parking to create the ideal living environment. The unit mix consists of 18 spacious open concept one-bedroom units each measuring 590 SF and two studio units measuring 384 SF. *Studios are fully renovated and expected to be completed in next 45 days. *SEE OFFERING MEMORANDUM IN DOCUMENTS*

    Zillow last checked: 8 hours ago

    Listing updated: May 30, 2023 at 02:35pm

    Listed by:

    Philip J Buckley DRE #01209801 760-822-9861,

    CBRE

    Bought with:

    Conor M Brennan, DRE #01918598

    Marcus & Millichap

    Source: SDMLS,MLS#: 220017230MLS LogoOriginating MLS: San Diego Association of REALTOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    Interior area
    • Total structure area: 11,388
    • Total interior livable area: 11,388 sqft

    Property

    Parking
    • Total spaces: 24
    Features
    • Levels: 1 Story
    • Stories: 1
    Details
    • Special conditions: N/K

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family

    Community & neighborhood

    Location
    • Region: Carlsbad

    HOA & financial

    Other financial information
    • Total actual rent: 47558
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    Estimated market value
    $7,921,500