4537 Cove Dr, Carlsbad, CA, 92008
Sold Price:
$2,795,000
Cap Rate:
2.05%
Price/SF:
$558.11
Price/Unit:
$1,397,500
Gross Building Area:
5,010 SF
Close of Escrow:
4/16/2021
Status:
Closed
Submarket:
North County, Coastal
Property Type:
Apartments
Strategy:
Core
INVESTMENT HIGHLIGHTS
4537 Cove Drive consists of two (2) waterfront located apartment units on the shores of Agua Hedionda Lagoon in the highly desirable coastal community of Carlsbad, CA. In addition to its irreplaceable location, the property enjoys an excellent unit mix consisting of two (2) four-bedroom/three and a half bathroom units. On-site amenities include an attached dock, two (2) wrap-around terraces, and ample parking (3 garage, 3 open).
4537 Cove Drive embodies an extraordinary, secure, and well sought-after investment real estate category – waterfront located Southern California apartment units.
Listed By:
Aaron Bove
Senior Vice President, Investments
aaronbove@thebovegroup.com
(858) 373-3237