4566 Cove Dr.

    Carlsbad, CA 92008
    • $1,800,000
    • STATUS: ACTIVE
    • ON SITE: 125 days
    • ID#: 190032619
    $1,800,000
    • 9
      BEDS
    • 0.11
      ACRES
    • 7
      BATHS
    • 0
      1/2 BATHS
    • 3,550
      SQFT
    • $507
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1982
    County:

    School Ratings & Info

    Description

    Desirable 4-plex at Bristol Cove with boat access to Agua Hedionda Lagoon. Agua Hedionda Lagoon offers water skiing, jet skiing, fishing, swiming and more. Britol Cove includes access to POA boat launch, boat dock, and boat storage lot. Plus, property enjoys easy access to walking trail at lagoon. Excellent investment opportunity priced below comparable sales. Current rents low. Outstanding cash flow potential at market rental rates. Desirable unit mix of two and three bedroom units with garages.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.teamforss.com/homes/95891668

    4566 Cove Dr. Carlsbad, CA 92008

    • Price: $1,800,000
    • Status: ACTIVE
    • ID#: 190032619
    9
    Beds
    7
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,550
    SQFT
    $507
    $/SQFT
    1982
    Built
    Neighborhood:
    Carlsbad
    County:
    San Diego
    Area:
    Carlsbad (92008)
    Property Description
    Desirable 4-plex at Bristol Cove with boat access to Agua Hedionda Lagoon. Agua Hedionda Lagoon offers water skiing, jet skiing, fishing, swiming and more. Britol Cove includes access to POA boat launch, boat dock, and boat storage lot. Plus, property enjoys easy access to walking trail at lagoon. Excellent investment opportunity priced below comparable sales. Current rents low. Outstanding cash flow potential at market rental rates. Desirable unit mix of two and three bedroom units with garages.
    Exterior Features

    Exterior Stucco Fencing Partial Parking Garage Spaces Unit1 1 Parking Garage Spaces Unit2 1 Parking Garage Spaces Unit3 1 Parking Garage Spaces Unit4 1 Parking Spaces Total Unit1 1 Parking Spaces Total Unit2 1 Parking Spaces Total Unit3 1 Parking Spaces Total Unit4 1 Roof Rolled/Hot Mop Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 4 Units With Patios 2

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 1 Half Baths Unit3 0 Half Baths Unit4 0 Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 2 Total Baths Unit4 2 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Unit4 Laundry Hook Ups Yes Units With Cooling 0 Units With Dishwashers 4 Units With Dryers 4 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 4

    Property Features

    Actual Cap Rate 3.7 Age Restrictions N/K Annual Expense Actual 32332 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0 Community Carlsbad West Complex Features Rv/Boat Parking Complex Park Bristol Cove Poa Cross Streets Adams Gross Rent Multiplier Actual 18.4 Gross Rent Multiplier Project 15.4 Gross Scheduled Income Actual 97800 Gross Scheduled Income Project 117000 Home Owners Assoc Fee Includes Other/Remarks Home Owners Assoc Payment Freq Quarterly Home Owners Fee Reflects Month Home Owners Fees 131 Home Owners Total Fees 1572 Mandatory Remarks None Known Market Area Coastal North Monthly Total Fees 131 Net Operating Income Projected 84668 Other Fees 0 Other Income Actual 0 Projected Cap Rate 4.7 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays ElectricityGas/Propane Terms CashConventional Unit Number For Unit1 A Unit Number For Unit2 B Unit Number For Unit3 C Unit Number4 D Unit1 Deposit 1500 Unit1 Occupied Tenant Unit1 Projected Rent 2400 Unit1 Rent Actual 1900 Unit2 Deposit 1400 Unit2 Occupied Tenant Unit2 Projected Rent 2250 Unit2 Rent Actual 1850 Unit3 Deposit 1800 Unit3 Occupied Tenant Unit3 Projected Rent 2700 Unit3 Rent Actual 2500 Unit4 Deposit 1250 Unit4 Occupied Tenant Unit4 Projected Rent 2400 Unit4 Rent Actual 1900

    Listing provided courtesy of Ray Adams Investment Re Inc. Listing information © 2019 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
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