Carlsbad Multi-Family Properties for Sale

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Newest Carlsbad Multi-Family Homes for Sale

$1,390,000

NDP2605737 MLS ⋅ ACTIVE Status

WOW...HUGE Price Improvement! Calling all Investors & Developers! West of the 5 in one of North Countys most desirable coastal communities, this property offers an ideal location just blocks from Carlsbad Village, sandy beaches, restaurants, shopping, coffee houses, the train station, and the weekly farmers market. With its prime walkable location and strong upside potential through redesign or rebuild, this is a rare coastal investment opportunity. Bring your ideas & creativity! WOW...HUGE Price Improvement! Calling all Investors & Developers! West of the 5 in one of North Countys most desirable coastal communities, this property offers an ideal location just blocks from Carlsbad Village, sandy beaches, restaurants, shopping, coffee houses, the train station, and the weekly farmers market. With its prime walkable location and strong upside potential through redesign or rebuild, this is a rare coastal investment opportunity. Bring your ideas & creativity!

3258 Tyler St, Carlsbad

$1,795,000

4 Beds ⋅ 2 Baths ⋅ 260014326 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

Prime coastal development opportunity west of I-5 and just south of Carlsbad Village. Rare R-2 zoned lot spanning approximately 6,913 sqft with alley access, offering strong potential for redevelopment, expansion, or income-producing improvements. Property consists of two detached structures: a 3 bed/1 bath main home (approx. 1,032 sqft) and a 1 bed/1 bath unit (approx. 576 sqft), along with a detached garage with additional storage. Clear upside for renovation or repositioning. Flat, usable lot with favorable layout and access, ideal for maximizing density or reconfiguring for higher returns. Current tenants are on month-to-month agreements, providing flexibility for future development timelines. Highly desirable coastal location just minutes from Carlsbad Village, beaches, dining, and retail. Opportunities like this, with zoning, lot size, and location, are increasingly rare.Tenant-occupied on a month-to-month basis. Built in 1922.

3429-37 Madison, Carlsbad

$4,995,000

16 Beds ⋅ 16 Baths ⋅ 260014099 MLS ⋅ ACTIVE Status

**8-Unit Condo Community in Carlsbad (La Costa)** Incredible North County Location • Eight (8) 2-Story 1,016sf 2Bedroom / 1Bathroom Units • Each Unit Has: Spacious Floorplans, Private Yards / Patios, One (1) Carport + One (1) Surface Parking Space, In-Unit Laundry • Value-Add Opportunity w/ 24% Upside in Rental Income • Valid Tract Map & Condo Plan In-Place • Convenient La Costa Location Just Outside the Omni La Costa Resort & Spa

2950 La Costa Ave, Carlsbad

$3,600,000

10 Beds ⋅ 7 Baths ⋅ 260013698 MLS ⋅ ACTIVE Status ⋅ Juniper BLDG.

Welcome to this beachside multi-generational compound and prime, multifamily investment opportunity. Live in the huge owner’s unit and rent the others, or cashflow with long or short-term rentals. Boasting 2016 construction, four large units plus a junior studio is set on a 7,500 sq ft lot just two blocks from Tamarack Surf Beach in one of Southern California’s premier coastal communities. The development was thoughtfully crafted from the ground up by the architect/developer owner as both a personal residence for himself and his family and a prized coastal multifamily investment asset. The property boasts rare ground level, covered parking and enclosed two car garage for the owner’s unit for a total of 9 parking spaces. The four large, main level residences surround an open communal courtyard patio for increased light, coastal breezes, and architectural interest. Unit interiors feature cathedral ceilings, modern design finishes, floor to ceiling windows, hard surface flooring throughout, in-unit washer dryers, premium bathroom finishes, and enclosed outdoor yards for select units, and mini-split HVAC systems. Water submeters are installed and can be utilized to bill back tenants and increase NOI. The 4-bedroom owner’s unit features owned solar.

385 Juniper, Carlsbad

$2,250,000

4 Beds ⋅ 4 Baths ⋅ 260013622 MLS ⋅ ACTIVE Status ⋅ Carlsbad Village BLDG.

Variance granted 2-4 Units. TWO houses on ONE lot west of the I-5 freeway and walkable to the vibrant dining, shopping, and entertainment of Carlsbad Village! Check out the adorable 2br/1ba 716sf bungalow in front plus the permitted 2br/3ba 1,152sf handicap-friendly house in back. Both have new flooring and paint, fenced yards, and their own laundry. Two-car garage plus RV parking too on this good-sized 9,179sf lot. No short-term rentals allowed either - this is quality lifestyle! Wait until you hear this bonus - the same package is for sale right next door too. You can buy this property with two houses, or buy both properties and get FOUR HOUSES ON TWO LOTS. Buy one or both - your choice! Everyone worries about how their kids will afford a home. Get them started here with two homes on one lot west of the 5! Or how about multi-gen? Senior and their caregiver? Second home plus a rental? There are so many buyers for this 2-on-1 combo! One water meter and two gas and two electric meters. Comparable sales = 2850 Highland 2-unit teardown closing for $1,925,000 shortly. Plus the two legal units in the barrio at 735-737 Pine with $11K/mo income closed in March for $2,492,000. Then consider that 157 Maple is two smaller units with total of 1,432sf and it closed for $2,600,000 in April. For a 4-unit comp, check 3048 Jefferson which is only 2,194sf and closed for $3,850,000 on May 14th. Our four houses are 3,600sf on two 9,000sf lots - and nice!

1027 Knowles Ave, Carlsbad

$2,250,000

4 Beds ⋅ 4 Baths ⋅ 260013621 MLS ⋅ ACTIVE Status ⋅ Carlsbad Village BLDG.

Variance granted for 2-4 Units. TWO houses on ONE lot west of the freeway! Check out the adorable 2br/1ba 720sf house in front with permitted 2br/3ba 1,152sf ADU in back. The front house has a new kitchen, bathroom, flooring and paint and the back house was the owner's home with laundry room and private spa too. Walk-in closets, dishwashers, porches, skylights, fenced yards, and two-car garage with store room plus RV parking on a good-sized 9,506sf lot. No short-term rentals allowed either - this is quality lifestyle! Wait until you hear this bonus - the same package is for sale right next door too. You can buy this property with two houses, or buy both properties and get FOUR houses on TWO lots!! Your choice! Everyone worries about how their kids will afford a home. Get them started here with two homes on one lot west of the 5! Or how about multi-gen? Senior and their caregiver? Second home plus a rental? There are so many buyers for this 2-on-1 combo! One water meter and two gas and two electric meters. Comparable sales = 2850 Highland 2-unit teardown closed for $1,925,000 on June 22. Plus the two legal units in the barrio at 735-737 Pine with $11K/mo income closed in March for $2,492,000. Then consider that 157 Maple is two smaller units with total of 1,432sf and it closed for $2,600,000 in April. For a 4-unit comp, check 3048 Jefferson which is only 2,194sf and closed for $3,850,000 on May 14th. Our four houses are 3,600sf on two 9,000sf lots - and nice!

1011 Knowles Ave, Carlsbad

$5,499,900

9 Beds ⋅ 6 Baths ⋅ 260013411 MLS ⋅ ACTIVE Status ⋅ Terramar Asscociation BLDG.

Great 1031 Exchange Opportunity! Whether you're seeking a high-performing investment property or the ultimate coastal vacation home, this exceptional new construction offers the best of both worlds. Live or vacation in the stunning front residence while generating significant rental income from the two additional units, or maximize returns with short-term rental opportunities. Discover a rare new construction opportunity just two blocks from the beach in the heart of Carlsbad. Built in 2025, this exceptional multi-family property blends modern coastal luxury with outstanding income potential, making it ideal for investors or owner-occupants. The main residence is a beautifully designed 5-bedroom, 3-bath home currently operating as a successful Airbnb. A custom 10-foot solid wood pivot door opens to soaring 10-foot ceilings, a striking floating staircase with LED-lit treads and glass railings, and thoughtfully designed living spaces throughout. The spa-inspired primary suite features an oversized fully enclosed shower, while the main level offers a stylish wet bar with a waterfall-edge island and LaCantina-style folding doors that create seamless indoor-outdoor living. The rooftop deck is an entertainer's dream, complete with panoramic ocean views, an outdoor kitchen, private hot tub, and private beach access. The property also includes two fully leased income-producing units. The detached 3-bedroom, 2-bath ADU features dedicated parking and private front and back yards, while the 1-bedroom, 1-bath Jr. ADU includes its own private yard.

5140 Los Robles Dr, Carlsbad

$9,995,000

6 Beds ⋅ 7 Baths ⋅ 260012436 MLS ⋅ ACTIVE Status ⋅ No BLDG.

Variance granted for alternate property class. Experience unparalleled coastal living, an extraordinary oceanfront property spanning 75 feet of ocean frontage, nestled in the heart of Carlsbad Village. This premier location grants you immediate access to the finest dining, shopping, and coffee shops, making it a hub for a vibrant lifestyle. Positioned directly on one of the most coveted sandy beaches along the coast, this estate offers breathtaking ocean views from nearly every room and direct beach access. The oversized outdoor decks are perfect for hosting extravagant oceanfront events, weddings, and endless entertainment. Approximately 4,564 square feet on a generous 10,473 square-foot lot, this beach compound features six bedrooms, plus two optional bedrooms, and seven full bathrooms. Crafted with a focus on maximizing stunning ocean vistas, the interior boasts a custom kitchen with floor-to-ceiling windows, a spacious living area with a cozy fireplace, multiple courtyards and decks, an outdoor shower, an attached three-car garage, and incredible privacy. Whether you are looking for a coastal compound, investment opportunity, or both, your oceanfront oasis awaits!

2977 Ocean St, Carlsbad

$6,795,000

PTP2602684 MLS ⋅ ACTIVE Status

Relax, Sit Back and Close your eyes. This Southern California Prime Coastal Beachside Property is what developmental dreams are truly made of. 11 Quintessential Carlsbad Beach Rentals on 2 contiguous lots equaling close to a 1/2 acre. With Grand Ocean Views and Located directly across from the Beach on The Boulevard. Situated in a prime location in a Mecca City that attracts the lifestyle of the Influential Elitist and all those desiring healthy Coastal Beach Living. This uniquely blended 1 of a kind property stands currently as a passive income investment. Money earned with minimal ongoing effort, just requiring an upfront investment of some time, money, and resources with the future reward of the huge developmental upside. Dont be shy, go all in and Build Your Dream. Brewery. Bodega. Boutique Hotel. Bistro Restaurant. Mixed use Commercial/Residential. Ask the City and they will tell you all this and more can be possible. This Carlsbad Village Real Estate Holding stands proudly close to the home of world renowned properties including the Beachside Tropical Oasis known as the Ocean Palms Beach Resort as well as Das Carlsbad Mineral Spa (Its aquifer water was historically declared "Most Healthful" by California state officials in 1991) plus Legoland California Resort and many more. Also on that local list of allure are Michelin starred Restaurants, the modern French Jeune et Jolie and Restaurant Lilo. All complimented by some of the best climatic weather and highly rated Sandy Beaches. This Phenomenal Real Estate Acquisition can be your new stepping stone to further your mon Relax, Sit Back and Close your eyes. This Southern California Prime Coastal Beachside Property is what developmental dreams are truly made of. 11 Quintessential Carlsbad Beach Rentals on 2 contiguous lots equaling close to a 1/2 acre. With Grand Ocean Views and Located directly across from the Beach on The Boulevard. Situated in a prime location in a Mecca City that attracts the lifestyle of the Influential Elitist and all those desiring healthy Coastal Beach Living. This uniquely blended 1 of a kind property stands currently as a passive income investment. Money earned with minimal ongoing effort, just requiring an upfront investment of some time, money, and resources with the future reward of the huge developmental upside. Dont be shy, go all in and Build Your Dream. Brewery. Bodega. Boutique Hotel. Bistro Restaurant. Mixed use Commercial/Residential. Ask the City and they will tell you all this and more can be possible. This Carlsbad Village Real Estate Holding stands proudly close to the home of world renowned properties including the Beachside Tropical Oasis known as the Ocean Palms Beach Resort as well as Das Carlsbad Mineral Spa (Its aquifer water was historically declared "Most Healthful" by California state officials in 1991) plus Legoland California Resort and many more. Also on that local list of allure are Michelin starred Restaurants, the modern French Jeune et Jolie and Restaurant Lilo. All complimented by some of the best climatic weather and highly rated Sandy Beaches. This Phenomenal Real Estate Acquisition can be your new stepping stone to further your monetary success to the next level and beyond. Inquire further for current financials, site plan layout and pro forma. **Agents and Buyers Note ** Sale includes 2 addresses and 2 separate APNs. There are 9 Real Property rental units and 2 Space Rentals with a 5th wheel and a mobile home that are staying. Year built and overall total square footage is an estimate. Built prior to the City of Carlsbads incorporation in 1952. The County of San Diego will be your best property history resource. But the City of Carlsbad is your best source for all future development possibilities. I have City Contacts to pass on to help you with the developmental investigation of this property. Units are older but have been maintained. Combining both lots puts it at the highest and best developmental designation : The Village and Barrio Master Plan. Property is Sold AS IS. Value is in the land and the beachside location with a gross income close to $18,000 monthly while you design and build. All tenants are month to month with a pro forma upside to rental income. There is One meter for all units including power, gas and water. Owner pays all common use utilities including sewer and trash. Do ALL your due diligence upfront and then come to the table with a smile and your checkbook. No FAFO. No extended lag time given, be ready to close. No LOIs. No seller JV or seller financing. Call your Banker or your Rich Uncle. Property interior features shown with a negotiable offer backed by superior financials. No Exceptions. See photos that includes rent role and unit descriptions.

3056-& 3162 Carlsbad Boulevard, Carlsbad

$4,250,000

8 Beds ⋅ 4 Baths ⋅ NDP2603352 MLS ⋅ ACTIVE Status

Summer steal! Priced to sell! Phenomenal opportunity to own this 7 UNIT multi-family apartment building just 2 blocks to the heart of the Village with options for your favorite cuisine and a few more blocks to the beach. Recently refreshed with new appliances, paint, water heaters, lighting, too much to list. This unique opportunity consists of 5 units that are 2BR/1BA (approximately 785 sqft), 1 unit that is 2BR/2BA with a large private yard (approximately 900 sqft), and 1 studio with a large private yard. Designated parking, common area laundry & private storage. Walk to the Village and beach. Improvements from top to bottom. Call listing agent for additional information. Summer steal! Priced to sell! Phenomenal opportunity to own this 7 UNIT multi-family apartment building just 2 blocks to the heart of the Village with options for your favorite cuisine and a few more blocks to the beach. Recently refreshed with new appliances, paint, water heaters, lighting, too much to list. This unique opportunity consists of 5 units that are 2BR/1BA (approximately 785 sqft), 1 unit that is 2BR/2BA with a large private yard (approximately 900 sqft), and 1 studio with a large private yard. Designated parking, common area laundry & private storage. Walk to the Village and beach. Improvements from top to bottom. Call listing agent for additional information.

2652 Jefferson St, Carlsbad

$11,050,000

230009615 MLS ⋅ ACTIVE Status

Cherry Apartments is located in the desirable beach community of Carlsbad, California. This 13 unit apartment investment was built in 1959 and consists of 11 one bedroom/one bath units, 1 two bedroom/one bath house, and 1 non-conforming studio. 00 These units are located on two adjoining parcels, APN 204-232-15-00 and APN 204-232-16-00. The property amenities include off-street parking, lush tropical landscaping, and small yards/patios in select units, balconies, and on-site laundry. The interiors feature gas appliances and dual pane windows. There are storage closets in the carport area, and ocean views from some of the units. The property has been well maintained and professionally managed and shows a true pride of ownership. The property’s proximity to the ocean is a great draw for potential renters and results in premium rental rates for each unit. The location of the property is less than 1/2 a block from one of the most desirable beaches in Southern California. It is also a short distance to restaurants, premier shopping malls, and major employers. The Cherry Apartments is a rare investment asset that will provide future appreciation opportunity and steady cash ?ow for years to come. There are several opportunities for an investor looking to add value: * Remodel and update the interiors of the units and raise rents by $300/$400 per unit. * Remodel the units in rent some or all as short-term vacation rentals. * Scrape the existing structures and build 4-8 multi-million dollar townhomes * Leave as is and enjoy future appreciation due to proximity to the

141-145 Cherry Ave, Carlsbad

$4,000,000

1 Beds ⋅ 2 Baths ⋅ 230019662 MLS ⋅ ACTIVE Status

Cherry Apartments are located in the desirable beach community of Carlsbad, California. This 7 unit apartment investment was built in 1958 and consists of 6 one bedroom/one bath units, and 1 non-conforming studio unit. The property amenities include off -street parking, lush tropical landscaping, and small yards/patios in select units and balconies. The interiors feature gas appliances and dual pane windows. There are storage closets in the carport area and ocean views from some of the units. The property has been well maintained and professionally managed and shows a true pride of ownership. The property’s proximity to the ocean is a great draw for potential renters and results in premium rental rates for each unit. The location of the property is less than 1/2 a block from one of the most desirable beaches in Southern California. It is also a short distance to restaurants, premier shopping malls, and major employers. The Cherry Apartments is a rare investment asset that will provide future appreciation opportunity and steady cash fl ow for years to come. There are several opportunities for an investor looking to add value: * Remodel and update the interiors of the units and raise rents by $300/$400per unit. * Remodel the units in rent some or all as short-term vacation rentals. * Scrape the existing structures and build 4-8 multi-million dollar townhomes * Leave as is and enjoy future appreciation due to proximity to the beach.

141 Cherry, Carlsbad

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