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$ 3,850,000
Est. payment | /mo
0.46 Acres Lot
$ 3,850,000
Est. payment | /mo
0.46 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240025575SD
HOA Y/N No
Lot Size 0.456 Acres
Property Description
Originally built in 1977, Carriage Pines Apartments has been well maintained and most of the units have been renovated to varying finish levels. It boasts a desirable mix of one- and two-bedroom floor plans, along with ample parking and a community laundry room. This offering presents a true value-add opportunity, with potential upgrades to the building exterior and landscaping that could significantly increase rental income. Additionally, there is the option to convert three existing tuck-under parking spaces into an Accessory Dwelling Unit. Carriage Pines is ideally situated in a quiet residential area, close to local amenities such as top-rated schools, shopping centers, and parks. There are various restaurants within easy walking distance, and several grocery stores are located less than a mile from the property. The location offers a mix of suburban comfort and access to nature, with nearby hiking trails and open spaces. Carriage Pines abuts Poway's Kumeyaay-Ipai Interpretive Center a 4.5 acre site that offers residents a beautiful hillside with native vegetation for a backyard.
Location
State CA
County San Diego
Area 92064 - Poway
Interior
Fireplace No
Exterior
Total Parking Spaces 14
Others
Tax ID 3174902800
Listed by Eric Comer • Eric D. Comer, Broker