Quadplex With Townhome-Style
For Sale
$5,000,000
7565 Romeria St, Carlsbad, CA 92009
Four two-story residences feature private backyards, direct garage access, and separately metered utilities.
Property Size7,948 SF
Price / SF$629.09
Days on Market88
Property Features for 7565 Romeria St
General Information
Standard status
Active
Size
7,948 SF
Property subtype
Multi-Family
Units
Unit Mix
4 x 3BR/2.5BA
Multifamily Units
4
Additional Details
Utilities to Site
Yes
Amenities
private backyard
jacuzzi
Building Details
Year Built
2005
Stories
2
Construction
townhome
Listing Agency:
Apartment Realty Group (ARG)
Listed By:
Angelo Joseph La Bruna III angelo.labruna@arg1031.com
Source:
Viewsandiegohouses
Added: Jul 19
Changed: Oct 1
Last Checked: Oct 12 at 8:26PM
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 2005-built quadplex contains four two-story townhome units, each offering 3 bedrooms, 2.5 bathrooms, and 1,987 SF. The 7,948-square-foot property includes direct-access two-car garages, additional off-street parking, and a private backyard with a jacuzzi for every residence.
Gas, electric, and water are separately metered by unit. The property is located on Romeria St in Carlsbad’s La Costa area, near Omni La Costa Resort golf facilities and La Costa Town Square.
Gas, electric, and water are separately metered by unit. The property is located on Romeria St in Carlsbad’s La Costa area, near Omni La Costa Resort golf facilities and La Costa Town Square.
Key Highlights
- Four 3‑bedroom, 2.5‑bathroom two‑story townhomes
- Each unit measures 1,987sf; total property size is 7,948sf
- Direct‑access 2‑car garages plus off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$172,564
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,451,280
$3.5M
Cap Rate 7%
$2,465,200
$2.5M
Cap Rate 9%
$1,917,378
$1.9M
Market Conditions
NOI Build-Up for 7,948 SF
Gross rent
$257.5K $32.40/SF
− Vacancy
−$11.0K −$1.38/SF
EGI
$246.5K $31.02/SF
− OpEx
−$74.0K −$9.30/SF
NOI
$172.6K $21.71/SF
Area
Carlsbad, CA
Vacancy
4.27%
Lease Rate
$32.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,451,280
Cap Rate 7%
$2,465,200
Cap Rate 9%
$1,917,378
Alternative Uses
Best Use
Multifamily LT 5
$2.47M
$2.16M – $2.88M
NOI $172,564 @ 7.0% cap · market cap 3.45%
Second Best
Apartment 5plus
$2.25M
$1.97M – $2.63M
NOI $157,803 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$2.92M
$2.56M – $3.41M
NOI $204,456 @ 7.0% cap · market cap 4.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
332
Businesses Nearby
Explore this area
Business Placement
Demographics for 92009, CA
44,816
Population
17,085
Households
2.6
Avg Household Size
44
Median Age
64%
College-Educated
95%
High-School Grad
12.2 sq mi
ZIP Area
3,673
Density / Sq Mi
$162,128
Median Household Income
$68,634
Median Earnings
$2,955
Median Rent
$1,219,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four two-story residences feature private backyards, direct garage access, and separately metered utilities.
Where is this quadplex located?
The property is located at 7565 Romeria St Carlsbad, CA.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: Four 3‑bedroom, 2.5‑bathroom two‑story townhomes; Each unit measures 1,987sf; total property size is 7,948sf; Direct‑access 2‑car garages plus off‑street parking
