NOT LISTED FOR SALE

4537 Cove Dr Carlsbad, CA 92008

Hedionda Point Neighborhood
8 Beds
8 Baths
-- Sq Ft
1990 Built

Last Sold June 16, 2021

Last sale price $2,770,000

3 Days on Market

About This Home

As of June 2021

4537 Cove Drive consists of two (2) waterfront located apartment units on the shores of Aqua Hedionda Lagoon in the highly desirable coastal community of Carlsbad, CA. In addition to its irreplaceable location, the property enjoys an excellent unit mix consisting of two (2) four-bedroom/three and a half bathroom units. On-site amenities include an attached dock, two (2) wrap around terraces, and ample parking (3 garage, 3 open). 4537 Cove Drive embodies an extraordinary, secure and well sought-after investment real estate categories – waterfront located Southern California apartment units.

Last Agent to Sell the Property

Aaron Marcusmillichap

Marcus & Millichap License #01318320 Listed on: 04/12/2021

Last Buyer's Agent

Conor Brennan

Marcus & Millichap License #01918598

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Home Design

  • Clay Roof
  • Wood Siding
  • Stucco Exterior
  • Stone Exterior Construction

Interior Spaces

  • 3-Story Property

Listing and Financial Details

  • Tenant pays for water, electricity, gas/propane
  • Assessor Parcel Number 207-150-71-01

Community Details

Overview

  • Property has a Home Owners Association
  • $98 Other Monthly Fees
  • 2 Units
  • Bristol Cove Community

Building Details

  • Net Operating Income $57,321

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Cove & Park
  • Neighborhood: Bristol Cove
  • Stories: 3 Story
  • Sale Price List Price: 0.99
  • Total Stories: 3
  • Year Built: 1990
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stone, Stucco, Wood
  • Roof: Tile/Clay

Utilities

  • Cooling: Central Forced Air

Condo/Co-op/Association

  • Complex Name: Bristol Cove
  • Community: CARLSBAD WEST
  • Other Fees Payment Frequency: Monthly

Fee Information

  • Total Monthly Fees: 98
  • Other Fees: 1176.0
  • Other Fees Reflect: Year
  • Other Fees Type: Cmmnty/Mstr Hm Owner Fees

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 207-150-71-01

Rental Info

  • Tenant Pays: Water, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 57321
  • Annual Expense Actual: 63619
  • Gross Rent Multiplier Actual: 22.42
  • Gross Sched Income Actual: 124680
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $2,770,000 -0.9% --
04/16/2021 04/16/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $2,795,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Aaron Marcusmillichap

    Marcus & Millichap

    (858) 945-7094

    2 in this area

    48 Total Sales

    Aaron Marcusmillichap
    Section Image
  • Conor Brennan

    Buyer's Agent in 2021

    Conor Brennan

    Marcus & Millichap

    (720) 841-8139

    1 in this area

    26 Total Sales

    Conor Brennan
    Section Image
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Map

Source: San Diego MLS

MLS Number: 210009465

San Diego MLS
California San Diego County Carlsbad 92008 Hedionda Point

4537 Cove Dr, Carlsbad, CA

This home is located at 4537 Cove Dr, Carlsbad, CA 92008 since 12 April 2021. This property was built in 1990. 4537 Cove Dr is a home located in San Diego County with nearby schools including Kelly Elementary School, Carlsbad High School, and Sage Creek High.

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