6801 Embarcadero Ln Carlsbad, CA 92011
South Beach NeighborhoodHighlights
- 34,470 Sq Ft lot
- 4-minute walk to Carlsbad Poinsettia
- Central Air
- Pacific Rim Elementary Rated A
- Elevator
About This Home
Bluwater Crossing Apartments offers a rare opportunity to acquire a fully stabilized, move-in ready 12-unit multifamily asset in a true A-location in coastal South Carlsbad. Built in 2009, short distance to the beach and adjacent to the Carlsbad Poinsettia Coaster Station, the property operates at 100% historical occupancy with rent-restricted units, providing predictable, durable cash flow and minimal operational risk. Consists of twelve (12) large loft-style studio apartments averaging approximately 820 SF. Units feature quality finishes including granite countertops, modern kitchen appliances with built-in microwaves and dishwashers, in-unit washers and dryers, central A/C, spacious walk-in closets, and select balconies with ocean views. Tenants enjoy secure underground parking, elevators, and well-maintained community spaces. The apartments participate in the City of Carlsbad’s 55-year affordable housing program resulting in strong demand and a consistent waitlist. Ideally suited for long-term hold or 1031 exchange investors seeking stability, coastal location-driven appreciation, and capital preservation rather than speculative value-add execution. The residential component is addressed as 6797 Embarcadero Ln (tax records reflect 6801 Embarcadero Ln, APN 214-650-01-02). Property is part of a mixed-use parcel shared with a Montessori school occupying the first level. School is separately owned/occupied and not included in the offering. Offering includes only the 12 residential apartment units located on levels 2 and 3. Call for OM
Property Details
Home Type
- Multi-Family
Home Design
Interior Spaces
- 8,952 Sq Ft Home
- 3-Story Property
Parking
- 18 Parking Spaces
- Tuck Under Garage
Additional Features
- 0.79 Acre Lot
- Central Air
Community Details
Building Details
- 12 Leased Units
- Operating Expense $116,223
Additional Features
- 12 Units
- Elevator
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/19/2026 03/19/26 | Price Changed | $3,695,000 | -7.5% | $413 / Sq Ft |
| 02/02/2026 02/02/26 | For Sale | $3,995,000 | -- | $446 / Sq Ft |
Source: San Diego MLS
MLS Number: 260002549
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