Share This Listing

Message

966 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

737 Pine Ave 3 Unit Apartment Building Offered at $3,517,003 CAD at a 4.33% Cap Rate Carlsbad, CA 92008

Save this listing!

Favourite this listing to get notified of price updates, new media and more

Investment Highlights

  • Prime Investment Opportunity 2 blocks from Carlsbad Village
  • Charming pine ceilings and abundance of natural light
  • Fully renovated main home, attached ADU and detached cottage complete with laundry in each unit

Executive Summary

COMPLETELY RENOVATED INVESTMENT PROPERTY or FAMILY / MULTI-GENERATIONAL COMPOUND in CARLSBAD west of I-5. Realize the CARLSBAD VILLAGE LIFESTYLE in this PRIME LOCATION two blocks from Carlsbad Village shops and restaurants. WALK to CARLSBAD VILLAGE or CARLSBAD BEACHES! This unique property offers three separate addresses on one parcel. Unit #735: 3 bed / 2 bath. Unit #737: 1 bed / 1 bath. Unit #3208: 2 bed / 1 bath. This extensive renovation includes new roofs, new electrical with three separate SDG&E globes, new sewer line, new gas line, new kitchens & baths, new laundry in each unit, new flooring, new windows and doors, new lighting, new paint and more! Come see for yourself what this property has to offer!

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $3,517,003 CAD
Price Per Unit $1,172,334 CAD
Sale Type Investment
Cap Rate 4.33%
No. Units 3
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Single-Family Home
Lot Size 0.16 AC
Building Size 6,842 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1959/2024
Zoning R-3 - R-3 Restricted Multiple

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Heating
  • Oven
  • Sprinkler System
  • Range
  • Tub/Shower
  • Yard
  • Freezer
  • Garden
  • Lawn
  • Patio
  • Vinyl Flooring

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Recycling
  • Trash Pickup - Curbside

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 1 $6,776 CAD -
2+1 1 $5,218 CAD -
1+1 1 $3,863 CAD -
Walk Score®
Walker's Paradise (96)
Bike Score®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
204-083-01
Land Assessment
$2,066,832 CAD
Improvements Assessment
$237,177 CAD
Total Assessment
$2,304,010 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 39408104

  • Date on Market: 2026-02-11

  • Last Updated:

  • Address: 737 Pine Ave, Carlsbad, CA 92008

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}