Vieja Castilla Way, Carlsbad, CA 92009
Offer Price:
$3,565,000
Zoning:
RD-M
Price/SF:
$96.31/SF
Price/Unit:
$138,461/Unit
FAR:
37,892 SF
Lot Size:
37,380 SF
Status:
Closed
Submarket:
North County, Coastal
Property Type:
Land
Strategy:
Value Add
The subject property is located on the corner of Vieja Castilla Way & Pirineos Way in Carlsbad, California. Lying just east of I-5 and north of Encinitas sits the affluent La Costa neighborhood. The property sits on the renowned Omni La Costa Golf Course green belt with beautiful views of the course. Additionally, the site offers countless nearby amenities including La Costa Town Square, Stagecoach Park, The Forum Carlsbad and more. The subject property currently has entitlements in place for five (5) four-story buildings containing twenty-six (26) apartments, six (6) townhome style units and twenty (20) single story units. The four buildings are a podium design with parking on the ground floor and three stories of living area above. Parking will consist of thirty-six (36) garaged and twelve (12) covered.
Listed By:
Aaron Bove
Senior Managing Director, Investments
aaron.bove@marcusmillichap.com
(858) 373-3237