MLS: 170012715

$7,200,000

Exit I-5 at Carlsbad Village Drive. Right off freeway.

Prime development opportunity. Shopping center next to I-5 on west side. Approximately 179,089 SF lot. Approx 60,000 sq ft of improvements. FAR=1. Height=45ft restriction. Many possibilities including new shopping center, hotel, etc. Shopping center includes addresses 945-1065 Carlsbad Village Drive. 7-11/gas station is not part of the parcels. Smart and Final is the anchor tenant. Center is outside the coastal commission authority. There are 3 APN's 203-320-28-00, 203-320-29-00, 203-320-30-00. The attached Cal-Trans report details I-5 expansion of freeway on-ramp that may take a sliver of land next to freeway. The attached environmental reports disclose a small oil plume (not associated with the gas station) that will have to be addressed upon development. Owner was told cost may be around 500k???

Free Standing, 2 story medical building with state-of-the art surgical center covering 6911 total sq ft. Ideal for single or multiple tenancy. Corner lot with great visibility from Navajo Road and quick access off the 125. 1st floor is entirely the surgical center with separate entrance. Two operating rooms, 3 recovery beds, reception area and more. 2nd floor two clinic spaces with 7 patient rooms and 5 offices, conference room, kitchen, secure prescription storage, biohazard waste disposal and more. All equipment conveys with the sale.

For More Information, please visit the MLS or click here for a full brochure. 

Location, Up-Side Potential, & Income Opportunity

As a savvy investor, when you have these three benefits wrapped up in one property, you can virtually look into a crystal ball and see the future of your bank account. This property is bursting at the seams with upside potential; built with solid "bones", family owned & managed since the '50s, and is nestled on the cusp of three highly desired San Diego neighborhoods.

These apartments are divided into two parcels and three buildings with fifteen 1bd/1ba and eight 2bd/1ba units; parking to accommodate each unit; on-site laundry facilities; and is just moments away from all major freeways.  

The upgrade potential for this property is a designer's dream - a blank slate - to create a modern home for today's rental market. 

This property will be actively listed on the MLS in August 2016.  To learn more about this property, request a brochure by sending an email to lee@team-metro.com  
 

Tremendous pride of ownership! All 3 units are highly upgraded so you can expect min maintenance issues. Unit 2620 is only 3 years old and fully permitted. Fantastic income property, one of the nicest in Golden Hills. Easy access to freeways, SD, Balboa park, shopping and schools. Current tenants love the homes and the properties wonderful private common areas with deck and grass area. Both tenants are long term so rents have not been raised in a while thus lots of upside potential for higher rents!

Wonderful La Mesa neighborhood. Close to shopping, freeways and SDSU.

BRAND NEW MODERN RENOVATED UNITS IN LA MESA. 3 of 4 units have been completely remodeled with new windows, laminate flooring, quartz countertops, new cabinets, new carpet, and new tiled bathroom. Landscape in the front and back have recently been remodeled to be cos efficient for the new buyer. One of the only fully renovated units in La Mesa. Incredible cash flow and will be low maintenance for the a new buyer. Incredible 13.22 GRM and 4.90% Cap Rate on actuals

Quintessential Metro Tri-plex at the doorstep to Vibrant Little Italy. Charming cottage with hardwood floors, period detail, yard, 1-car garage w/2 additional parking spaces. Remodeled duplex next door: 2 Bedroom 1 bath with huge living and dining rooms, stunning laminate floors, cherry cabinets, granite counters, washer/drier and large patio and a Unique upstairs 1 bed room w beautiful hardwood floors. Ideal property for the savvy buyer looking to owner occupy with w FHA/VA or cash flow w/20% down.

eller will entertain offers from $1,000,000 - $1,200,000**Balboa Park West / Bankers Hill 4-plex property with Bay Views just steps from Little Italy, Balboa Park & Downtown San Diego**Main house is divided into (2) 1BR/1BA units and (1) 2BR/2BA unit upstairs plus a detached 1BR/1BA Cottage in the back**Property sits on the corner of W Hawthorn and 1st Ave**Great neighborhood & Great Location**

Amazing opportunity in our famous Mission Beach, California to run your own Beach Vacation Rental by Owner. Fully functioning VRBO rental property is FOR SALE with over 3 years of vacation rental history. Consists of a "Bay Haven" 2 Bed/1 Bath (Rents up to $349/night), "Crow's Nest" 1 Bed/1 Bath (Rents up to $249/night) , and "Casita Jamaica" a Studio (Rents up to $219/night) walking distance to Mission Beach and 2 houses from the Bay. Immaculate property with unique colors, furniture and curb appeal.