4332 Adams St

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4332 Adams St

Carlsbad, CA 92008
Asking Price
$2.29M
Asset Type
Residential Land
Class
Class B

What's Special

Land | 0.355 acres <ul><li>​One of three exceptional parcels ready for development</li><li>​Shovel-ready opportunity to build a stunning custom coastal residence</li><li>​Entitlements already underway for 4-bedroom, 4.5-bathroom home with 3-car garage</li><li>​Seller has completed significant pre-development work including initial off-site improvements</li><li>​Preliminary architectural plans submitted to City of Carlsbad and Coastal Development Department</li><li>​Received tentative approval for proposed home des

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NOI
$80,000
Cap Rate
3.50%
DSCR
0.59
Underwater
Cash-on-Cash
-8.12%
Monthly Payment
$11,304.933
Annual Cash Flow
$-55,659.199

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