315 Acacia Ave
Carlsbad, CA 92008
Elan Spanish Landing Apartment Homes · Multifamily Property For Sale
·
24 Units
Property Facts
| No. Units | 24 | Lot Size | 0.89 AC |
| Property Type | Multifamily | Building Size | 23,750 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1986 |
| Building Class | B | Parking Ratio | 2.53/1,000 SF |
| Zoning | R4 | ||
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.89 AC |
| Building Size | 23,750 SF |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 2.53/1,000 SF |
| Zoning | R4 |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Disposal
- Fireplace
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Carpet
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Spa
- Tenant Controlled HVAC
- Individual Leases Available
About 315 ACACIA AVE , CARLSBAD, CA 92008
ACRE Investment Real Estate Services is proud to present the Spanish Landing apartment complex, comprising of 24 total units, with a 92% 2bed/2bath mix. It is located two short blocks from the Pacific Ocean, giving easy beach access and a short walk to Carlsbad Village. There are 15 garages on the property, which are rented to tenants for an added fee. The property boasts a pool and spa for convenient tenant use, along with on-site laundry facilities and a resident manager. All units have fireplaces, select have balconies, and master suites are large. This is an excellent value-add opportunity. Rents are currently below market, and a savvy investor can increase cash flow by bringing rents up to market, with very little capital expenditure necessary.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 22 | $2,575 | 1,000 |
| 1+1 | 2 | $1,850 | 875 |
Property Taxes
| Parcel Number | 204-240-04 | Improvements Assessment | $4,181,520 |
| Land Assessment | $6,693,113 | Total Assessment | $10,874,633 |
Property Taxes
