8-Unit Condo
2950 La Costa Avenue Carlsbad, CA 92009
2950 La Costa Avenue, Carlsbad, CA, 92009
$4,995,000
For Sale
$4,995,000
Eight 2-story units with private patios and in-unit laundry, plus parking for each home.
Property Size8,124 SF
Price / SF$614.84
Days on Market60
Property Features for 2950 La Costa Avenue
General Information
- Standard status
- Active
- Size
- 8,124 SF
- Property subtype
- Commercial-Res Income / Com-Res Income
Listing agency
Apartment Realty Group (ARG)
(858) 247-1095
Listed by
Angelo Joseph La Bruna III · License #01991625
(858) 247-1095
Source
Compass
Added: May 25 Updated: Jul 22 at 1:56PM Checked: Jul 22 at 1:56PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Apartment Realty Group (ARG)
Investment Insights
Based on property information with market context.
This 8-unit condo community features eight 2-story units, each with two bedrooms and one bathroom. The units include private yards or patios, in-unit laundry, and parking consisting of one carport plus one surface space per unit. A valid tract map and condo plan are in place.
Located at 2950 La Costa Avenue in Carlsbad (La Costa), the property is positioned conveniently just outside the Omni La Costa Resort & Spa.
The current configuration is residential income oriented, with 2-bedroom, 1-bath layouts repeated across the eight units.
Located at 2950 La Costa Avenue in Carlsbad (La Costa), the property is positioned conveniently just outside the Omni La Costa Resort & Spa.
The current configuration is residential income oriented, with 2-bedroom, 1-bath layouts repeated across the eight units.
Key Highlights
- 8‑unit condo community in Carlsbad (La Costa), comprised of 2‑story 1,016 SF homes
- Eight 2‑bedroom, 1‑bath units with 2‑story layouts
- Each unit includes private yard/patio and in‑unit laundry
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $307.1k | $37.80 |
| − Vacancy | −$13.8k | −$1.70 |
| EGI | $293.3k | $36.10 |
| − OpEx | −$132.0k | −$16.24 |
| NOI | $161.3k | $19.85 |
8,124 SF · lease $37.80/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.30M
$2.02M – $2.69M
NOI $161,298 @ 7.0% cap · market cap 3.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.99M
$2.61M – $3.48M
NOI $208,983 @ 7.0% cap · market cap 4.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Carpet & Flooring USA ...
Big Box & Wholesale Store
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Eight 2-story units with private patios and in-unit laundry, plus parking for each home.
Where is this apartment building located?
The property is located at 2950 La Costa Avenue Carlsbad, CA.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: 8‑unit condo community in Carlsbad (La Costa), comprised of 2‑story 1,016 SF homes; Eight 2‑bedroom, 1‑bath units with 2‑story layouts; Each unit includes private yard/patio and in‑unit laundry
