Michael Haas
AARE
(442) 237-4371
100 Total Sales
1 in South Beach
$80,000 Price
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
Michael Haas
AARE
(442) 237-4371
100 Total Sales
1 in South Beach
$80,000 Price
Kevin Silberman
Coldwell Banker Realty
(760) 691-5343
111 Total Sales
5 in South Beach
$300K - $3M Price Range
Matt DeWitt
The DeWitt Group
(760) 334-5988
58 Total Sales
1 in South Beach
$1,384,000 Price
Richard King
HomeSmart Realty West
(760) 515-4280
30 Total Sales
2 in South Beach
$200,000 Price Range
Travis Scott
Juanaca Home Team, Inc
(760) 477-4493
83 Total Sales
1 in South Beach
$155,000 Price
Cyd Panaccione
Brush Realty
(442) 222-3777
113 Total Sales
2 in South Beach
$125K - $300K Price Range
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/04/2026 06/04/26 | Sold | $3,434,000 | -7.1% | $384 / Sq Ft |
| 04/23/2026 04/23/26 | Pending | -- | -- | -- |
| 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 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,451 | $47,480 | $8,017 | $39,463 |
| 2024 | $2,274 | $43,250 | $7,303 | $35,947 |
| 2023 | $2,111 | $39,552 | $6,679 | $32,873 |
| 2022 | $1,948 | $36,028 | $6,084 | $29,944 |
| 2021 | $1,875 | $34,375 | $5,805 | $28,570 |
| 2020 | $1,914 | $34,375 | $5,805 | $28,570 |
| 2019 | $1,914 | $34,375 | $5,805 | $28,570 |
| 2018 | $1,913 | $31,923 | $5,391 | $26,532 |
| 2017 | $2,029 | $31,923 | $5,391 | $26,532 |
| 2016 | $2,029 | $31,923 | $5,391 | $26,532 |
| 2015 | -- | $17,399 | $5,391 | $12,008 |
| 2014 | -- | $17,399 | $5,391 | $12,008 |
| 2013 | -- | $17,399 | $5,391 | $12,008 |
Seller's Agent in 2026
Jeff Toth
Luxeally Real Estate
(858) 630-8997
1 in this area
14 Total Sales
Source: San Diego MLS
MLS Number: 260002549
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