Listed by Philip Buckley, CBRE,

945 Pine Ave

Carlsbad, CA, 92008

$9,500,000

$9,500,000
Pending
Pending
 - For Sale
property_type
Commercial
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* See complete Offering Memorandum in Documents.
MLS® ID:
220017230SD
Listed:
7/5/22
Updated:
9/28/22

Exterior/Building Features

Lot Size
0.78 acres lot

Other Property Details

Area Name
92008 - Carlsbad
Garage
No
Parking
N
Parking Total
24.0
View
N
County
San Diego
Pool
No

Property History

Date
Event
Price
Value
8/15/22
Pending
-
-

 

Listed by Philip Buckley, CBRE,

Based on information from California Regional Multiple Listing Service, Inc. as of 9/28/22. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 5:12 AM UTC, 9/28/22

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