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160 Hemlock Ave 4 Unit Apartment Building $2,995,000 ($748,750/Unit) Carlsbad, CA 92008
Investment Highlights
- Less than a 1-minute walk to the beach in the heart of Carlsbad’s vibrant coastal community
- Long-term tenants provide stability while offering immediate upside potential
- Ideal for maintaining stable tenancy or repositioning for premium coastal rental rates
- Generous floorplans offering comfort and livability, a rare find for beachside rentals
- New roof adds long-term durability and reduced maintenance needs
- Located in a high-demand, supply-constrained coastal rental market with enduring value
Executive Summary
Discover the perfect blend of coastal lifestyle and investment opportunity with this rare 4-Plex, ideally located at 160 Hemlock Avenue in Carlsbad. Just steps from the sand and one of San Diego’s most sought-after beaches, this property offers oversized units, stable long-term tenants, and significant rental upside. With its unbeatable location, recent improvements, and value-add potential, 160 Hemlock presents a premier chance to secure a coastal income property in one of Southern California’s most coveted markets.
160 Hemlock Avenue represents a unique chance to acquire a rare coastal 4-Plex that blends stable income, lifestyle appeal, and long-term growth. With below-market rents, renovated interiors, dedicated covered parking, and on-site laundry, the property is well suited for investors seeking reliable cash flow with substantial upside — including a 1031
Exchange opportunity. Whether you’re looking to expand your portfolio, maximize rental income, or simply hold a trophy asset in a premier coastal location, 160 Hemlock Avenue is a property that delivers both security and potential.
160 Hemlock Avenue represents a unique chance to acquire a rare coastal 4-Plex that blends stable income, lifestyle appeal, and long-term growth. With below-market rents, renovated interiors, dedicated covered parking, and on-site laundry, the property is well suited for investors seeking reliable cash flow with substantial upside — including a 1031
Exchange opportunity. Whether you’re looking to expand your portfolio, maximize rental income, or simply hold a trophy asset in a premier coastal location, 160 Hemlock Avenue is a property that delivers both security and potential.
Property Facts Under Contract
| Price | $2,995,000 | Building Class | B |
| Price Per Unit | $748,750 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 3,721 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1964 |
| Price | $2,995,000 |
| Price Per Unit | $748,750 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.13 AC |
| Building Size | 3,721 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 2+1.5 | 1 | - | - |
| 3+2 | 1 | - | - |
Property Taxes
| Parcel Number | 204-251-08 | Improvements Assessment | $270,412 |
| Land Assessment | $2,283,512 | Total Assessment | $2,553,924 |
Property Taxes
Parcel Number
204-251-08
Land Assessment
$2,283,512
Improvements Assessment
$270,412
Total Assessment
$2,553,924
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160 Hemlock Ave
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