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4627 Park Drive

Carlsbad, CA 92008
  • $3,999,999
  • STATUS: Active
  • ON SITE: 19 Days
  • ID#: 240002820SD
UPDATED: 18 min ago
$3,999,999
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1973
County:

School Ratings & Info

Listing Agent(s): Paul Ragnvaldsson of Coldwell Banker Realty (858-755-0075)


Description

Welcome to waterfront luxury living at its finest! Situated on the picturesque Carlsbad Lagoon, this exceptional property offers four fully renovated units, each meticulously crafted by the renowned Avi Ross Group. With every detail carefully considered and impeccably executed, this turnkey investment property exudes style, comfort, and sophistication. Step inside to discover thoughtfully designed living spaces, seamlessly blending modern elegance with coastal charm. Each main floor unit comes with large patios, while upstairs units feature generous-sized balconies"ideal for soaking in sunny afternoons and warm sunsets facing west. Venture outside to explore the private boat dock, complete with four slips capable of accommodating multiple watercrafts. Whether you're an avid boater or simply enjoy waterfront living, this dock offers unparalleled access to the stunning Carlsbad Lagoon. Each unit has been tastefully furnished by an interior decorator, creating an inviting atmosphere that feels like home from the moment you arrive. Custom teak cabinetry, Italian tile, and quartz counters adorn the interiors, complemented by high-end plumbing fixtures in rose gold and new stainless-steel appliances throughout. Investors will appreciate the strong rental income potential, with current monthly earnings reaching close to $16,000"a testament to the desirability of this prime waterfront location. And with the possibility of adding square footage above the garage, there's even more opportunity to maximize your return on investment. Beyond the impeccable interiors, this property boasts a range of amenities designed to enhance your lifestyle. From the convenience of shared laundry room, outdoor shower, kayaks, stand-up paddle boards, and floating lounge chairs, every comfort has been thoughtfully provided. For added flexibility, units can be rented with a minimum stay of 30 days, catering to both short-term and long-term rental needs. Residents can also enjoy the convenience of walking to the private lagoon beach, just steps away from the property. The property features new white plastic sheeting roof and IPE wood decks, ensuring durability and aesthetic appeal. Garages are fully dry walled with automatic garage door openers, offering direct courtyard access. Additionally, a common area outdoor dining space with stainless steel BBQ and large dining table provides the perfect setting for entertaining. Outside, new desert/tropical landscaping with custom exterior lighting sets the stage for relaxation and enjoyment. All units are completely furnished and fully equipped, offering the ultimate in convenience and comfort. Whether you're seeking a lucrative rental property, a luxurious waterfront retreat, or both, this is an opportunity not to be missed. Experience the ultimate in coastal living and investment potential at this spectacular Carlsbad Lagoon property.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-27T10:28:39.783. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
www.kevinhillre.com/homes/147370924
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4627 Park Drive Carlsbad, CA 92008

  • Price: $3,999,999
  • Status: Active
  • On Site: 19 Days
  • Updated: 18 min ago
  • ID#: 240002820SD
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1973
Built
Neighborhood:
Carlsbad West
County:
San Diego
Area:
92008 - Carlsbad
Property Description
Welcome to waterfront luxury living at its finest! Situated on the picturesque Carlsbad Lagoon, this exceptional property offers four fully renovated units, each meticulously crafted by the renowned Avi Ross Group. With every detail carefully considered and impeccably executed, this turnkey investment property exudes style, comfort, and sophistication. Step inside to discover thoughtfully designed living spaces, seamlessly blending modern elegance with coastal charm. Each main floor unit comes with large patios, while upstairs units feature generous-sized balconies"ideal for soaking in sunny afternoons and warm sunsets facing west. Venture outside to explore the private boat dock, complete with four slips capable of accommodating multiple watercrafts. Whether you're an avid boater or simply enjoy waterfront living, this dock offers unparalleled access to the stunning Carlsbad Lagoon. Each unit has been tastefully furnished by an interior decorator, creating an inviting atmosphere that feels like home from the moment you arrive. Custom teak cabinetry, Italian tile, and quartz counters adorn the interiors, complemented by high-end plumbing fixtures in rose gold and new stainless-steel appliances throughout. Investors will appreciate the strong rental income potential, with current monthly earnings reaching close to $16,000"a testament to the desirability of this prime waterfront location. And with the possibility of adding square footage above the garage, there's even more opportunity to maximize your return on investment. Beyond the impeccable interiors, this property boasts a range of amenities designed to enhance your lifestyle. From the convenience of shared laundry room, outdoor shower, kayaks, stand-up paddle boards, and floating lounge chairs, every comfort has been thoughtfully provided. For added flexibility, units can be rented with a minimum stay of 30 days, catering to both short-term and long-term rental needs. Residents can also enjoy the convenience of walking to the private lagoon beach, just steps away from the property. The property features new white plastic sheeting roof and IPE wood decks, ensuring durability and aesthetic appeal. Garages are fully dry walled with automatic garage door openers, offering direct courtyard access. Additionally, a common area outdoor dining space with stainless steel BBQ and large dining table provides the perfect setting for entertaining. Outside, new desert/tropical landscaping with custom exterior lighting sets the stage for relaxation and enjoyment. All units are completely furnished and fully equipped, offering the ultimate in convenience and comfort. Whether you're seeking a lucrative rental property, a luxurious waterfront retreat, or both, this is an opportunity not to be missed. Experience the ultimate in coastal living and investment potential at this spectacular Carlsbad Lagoon property.
Exterior Features

Lot Features Sprinkler System Parking Total 0 Pool Features None Pool Private YN No Roof Composition Spa Features None Spa YN Yes View YN Yes

Interior Features

Appliances Gas Water Heater Cooling None Cooling YN No Heating ElectricRadiant Heating YN Yes

Property Features

Association Fee 1700 Association Fee Frequency Annually Association YN Yes Cap Rate 3.06 Gross Scheduled Income 185400 Levels Two Listing Agreement Seller Reserved Listing Service Full Service Listing Terms CashConventional Net Operating Income 122458 Senior Community YN No Zoning R-3



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-27T10:28:39.783. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
 
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Berkshire Hathaway HomeServices California Properties
25909 Pala Dr, Suite 100
Mission Viejo CA, 92691
Listing Agent(s): Paul Ragnvaldsson of Coldwell Banker Realty (858-755-0075)