4627 Park Drive
4627 Park Drive
Carlsbad, CA 92008
$3,799,999
Price
4
Beds
4
Baths
2,275 Sq. Ft.
$1,670 / Sq. Ft.
2,275
Sq. Ft.
$1,670
per Sq. Ft.
Description
Discover a beautifully renovated and updated 4-plex located on the serene shores of Carlsbad. This Mid-Century trophy property is one of two areas in San Diego County featuring personal boat docks, making it a rare and valuable find. The seller has spared no expense, investing $400,000 in extensive remodels, including $100,000 worth of high-end furniture and equipment that convey with the property. Situated just steps away from a tranquil lagoon beach and a short drive to area beaches and Carlsbad...Discover a beautifully renovated and updated 4-plex located on the serene shores of Carlsbad. This Mid-Century trophy property is one of two areas in San Diego County featuring personal boat docks, making it a rare and valuable find. The seller has spared no expense, investing $400,000 in extensive remodels, including $100,000 worth of high-end furniture and equipment that convey with the property. Situated just steps away from a tranquil lagoon beach and a short drive to area beaches and Carlsbad Village, this property offers the perfect blend of peaceful living and easy access to vibrant local attractions. Each unit boasts private outdoor spaces and direct water views, enhancing the living experience with stunning vistas and fresh coastal breezes. With an impressive monthly gross income of over $16,000 and potential to add at least two more units over the garage area, this property is a lucrative investment. Designed for ease of maintenance and high rental appeal, the property was originally entitled as condos, adding value and flexibility for any investor’s exit strategy. The HOA allows for a minimum of 30-day rentals, providing flexibility for various rental strategies. Guests have full access to the private boat dock and outdoor dining area with a stainless BBQ, making it an attractive option for short-term stays. One unit includes direct access and a private gated entrance, ideal for an owner-occupant seeking privacy and convenience. This exceptional property is fully furnished and equipped, ready to offer an unparalleled living experience or investment opportunity! The property has undergone numerous upgrades to enhance durability, functionality, and aesthetic appeal. The dock has been completely restructured, ensuring long-lasting use. All kitchen and bathroom cabinets have been replaced with custom teak cabinetry, including a handcrafted 100% teak bathroom cabinet and custom teak kitchen cabinet doors. The kitchen now features elegant white quartz counters paired with Italian porcelain tile backsplash and high-end European-style appliances that are both space-efficient and stylish. Throughout the property, high-end fixtures from the Delta Brizo line in Champagne Bronze and Kohler toilets have been installed. The interiors boast hand-skimmed smooth wall coatings and fresh white paint, with added soundproofing through ceiling insulation in lower units. New recessed LED lighting and fans provide energy-efficient illumination, while durable vinyl plank flooring is ideal for coastal living. Bathroom renovations include custom Italian porcelain tile, frameless glass shower enclosures, backlit mirrors, Delta rose gold faucets, and custom lime wash paint. Mirrored closet doors have been added to all units for a modern touch. The balconies have been reinforced and weatherproof sealed. Exterior enhancements include a fresh paint job inside and out, new gutters, and the installation of extremely durable IPE wood decks, which are resistant to termites and rot with minimal maintenance. The entire property has been rewired with new electrical panels, new copper plumbing, and drain lines. The laundry room is equipped with high-end Samsung washer and dryer units. Garages have been drywalled, painted, and outfitted with new garage door openers. Security has been improved with new gates and fences. Outdoor amenities include a new BBQ and a large outdoor dining table with chairs for six in the common area. The exterior features designer lighting and drought-resistant landscaping with a drip system. Additionally, a new TPO plastic sheeting roof and glass railings have been installed on decks and the lower-level dining area, completing the comprehensive list of upgrades.
- Listed by Paul Ragnvaldsson • DRE #01852489 • Brokerage DRE #00616212 • Coldwell Banker Realty
Property Details for 4627 Park Drive
Area
92008 - Carlsbad
NeighborhoodBristol Cove
CommunityCARLSBAD WEST
View DescriptionLagoon/Estuary
City Postal IDCARLSBAD (92008)
Cross Street(s)Highland Drive
Location
Listing Courtesy of Coldwell Banker Realty, Paul Ragnvaldsson, DRE #01852489
Add your commute
LISTING UPDATED: 06/12/2024 10:00 AM
Property Details for 4627 Park Drive
| Status | Active |
|---|---|
| MLS # | 240002820 |
| Days on Market | 126 |
| Taxes | - |
| HOA Fees | $142 / month |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1973 |
| Lot Size | - |
| County | San Diego County |
Location
Listing Courtesy of Coldwell Banker Realty, Paul Ragnvaldsson, DRE #01852489
Add your commute
Building Information for 4627 Park Drive
Stories2Residences-Year Built1973Building Size-Lot Size-
Payment Calculator
$23,447 per month
30 year fixed, 7.25% Interest
Principal and Interest
$20,738
Property Taxes
$2,567
HOA Dues
$142
The Payment Calculator is for illustrative purposes only.
Property Information for 4627 Park Drive
Summary Information
Property and Location
- System ID: 240002820
- Class: 2-4 UNITS
- Levels: 2 Story
- Year Built: 1973
- Street Number Numeric: 4627
- Street Name: Park Drive
- Complex Features: BBQ, Beach Rights, Laundry Facilities, RV/Boat Parking
- Age Restrictions: N/K
- Market Area: Coastal North
- Directions To Property: Exit hwy5, Tamarack Ave and go east. Turn right on Highland Dr, keep straight to get onto Hillside Dr, turn right onto Park Dr.
HOA and Fees
- Home Owner Fees: $142
- Home Owner Total Fees: $1,704
- Home Owners Fee Includes: Common Area Maintenance
- Home Owner Fee Reflects: Month
- Monthly Total Fees: $142
- CFD/Mello-Roos Fee: $0
- Other Fees: $0
Virtual Tour
- Virtual Tour Link: https://tours.previewfirst.com/ml/132805
Supplement
- Supplement: The property has undergone numerous upgrades to enhance durability, functionality, and aesthetic appeal. The dock has been completely restructured, ensuring long-lasting use. All kitchen and bathroom cabinets have been replaced with custom teak cabinetry, including a handcrafted 100% teak bathroom cabinet and custom teak kitchen cabinet doors. The kitchen now features elegant white quartz counters paired with Italian porcelain tile backsplash and high-end European-style appliances that are both space-efficient and stylish. Throughout the property, high-end fixtures from the Delta Brizo line in Champagne Bronze and Kohler toilets have been installed. The interiors boast hand-skimmed smooth wall coatings and fresh white paint, with added soundproofing through ceiling insulation in lower units. New recessed LED lighting and fans provide energy-efficient illumination, while durable vinyl plank flooring is ideal for coastal living. Bathroom renovations include custom Italian porcelain tile, frameless glass shower enclosures, backlit mirrors, Delta rose gold faucets, and custom lime wash paint. Mirrored closet doors have been added to all units for a modern touch. The balconies have been reinforced and weatherproof sealed. Exterior enhancements include a fresh paint job inside and out, new gutters, and the installation of extremely durable IPE wood decks, which are resistant to termites and rot with minimal maintenance. The entire property has been rewired with new electrical panels, new copper plumbing, and drain lines. The laundry room is equipped with high-end Samsung washer and dryer units. Garages have been drywalled, painted, and outfitted with new garage door openers. Security has been improved with new gates and fences. Outdoor amenities include a new BBQ and a large outdoor dining table with chairs for six in the common area. The exterior features designer lighting and drought-resistant landscaping with a drip system. Additionally, a new TPO plastic sheeting roof and glass railings have been installed on decks and the lower-level dining area, completing the comprehensive list of upgrades.
Interior and Exterior Features
Interior Features
- Num of Units w/Dishwashers: 4
- Num of Units w/Cooling: 0
- Cooling: None
- Heat Equipment: Radiant
- Water Heater Type: Gas
- Heat Source: Electric
Exterior Features
- Exterior: Stucco
- Roof: Composition
- Fencing: Full
- Security: Other/Remarks
- Pool: N/K
Property Information
Property and Assessments
- Total Stories: 2
- Entry Only: No
- Lot Size: 4,000-7,499 SF
- Lot Size Source: Assessor Record
- Frontage: Lagoon/Estuary
- Boat Facilities: Yes
- Topography: Level
- Zoning: R-3
- Complex/Park: N/K
- Assessors Parcel Num: 207-150-33-00
Utilities
- Water: Meter on Property
- Sewer/Septic: Sewer Connected
- Irrigation: Automatic, Sprinklers
Multi Family Information
Unit 1
- Unit Num for Unit 1: A1
- Parking Garage Unit 1: Attached
- Parking Non-Garage Unit 1: Assigned
- Unit 1 Num of Bedrooms: 1
- Unit 1 Num of Total Baths: 1
- Unit 1 Deposit: $5,000
- Unit 1 Estimated SqFt: 625
- Unit 1 Exclusive Use Yard: Yes
- Unit 1 Laundry Hook Ups: Common
- Unit 1 Occupied: Tenant
- Unit 1 Prkng Garage Space: 1
- Unit 1 Projected Rent: $4,800
- Unit 1 Rent Actual: $4,400
Unit 2
- Unit Num for Unit 2: A
- Parking Garage Unit 2: Detached
- Parking Non-Garage Unit 2: Assigned
- Unit 2 Num of Bedrooms: 1
- Unit 2 Num of Total Baths: 1
- Unit 2 Deposit: $4,000
- Unit 2 Estimated SqFt: 550
- Unit 2 Exclusive Use Yard: Yes
- Unit 2 Laundry Hook Ups: Common
- Unit 2 Occupied: Tenant
- Unit 2 Prkng Garage Space: 1
- Unit 2 Projected Rent: $4,200
- Unit 2 Rent Actual: $4,000
Unit 3
- Unit Num for Unit 3: B
- Parking Garage Unit 3: Detached
- Parking Non-Garage Unit 3: Assigned
- Unit 3 Num of Bedrooms: 1
- Unit 3 Num of Total Baths: 1
- Unit 3 Deposit: $3,800
- Unit 3 Estimated SqFt: 550
- Unit 3 Exclusive Use Yard: No
- Unit 3 Laundry Hook Ups: Common
- Unit 3 Occupied: Tenant
- Unit 3 Prkng Garage Space: 1
- Unit 3 Projected Rent: $3,800
- Unit 3 Rent Actual: $3,400
Unit 4
- Unit Num for Unit 4: C
- Parking Garage Unit 4: N/K
- Parking Non-Garage Unit 4: None Known
- Unit 4 Num of Bedrooms: 1
- Unit 4 Num of Total Baths: 1
- Unit 4 Deposit: $4,000
- Unit 4 Estimated SqFt: 550
- Unit 4 Exclusive Use Yard: No
- Unit 4 Laundry Hook Ups: Common
- Unit 4 Occupied: Tenant
- Unit 4 Prkng Garage Space: 0
- Unit 4 Projected Rent: $3,800
- Unit 4 Rent Actual: $3,700
Building Details
- Amenities: Assoc Barbecue, BBQ, Beach Rights, Laundry Facilities, RV/Boat Parking
- Heating: Electric, Radiant
Property History for 4627 Park Drive
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4627 Park Drive
Taxable ValueLand$2,500,000Additions$350,000Total$2,850,000
Tax Record2023$30,804 ($2,567 / month)
Home Facts
Total Finished SqFt2,276 SqFtAbove Grade Finished SqFt2,276 SqFtLot Size4,900 SqFtStyleMulti-Family Dwelling (2-4)Year Built1973ZoningR-3:RESTRICTECountySAN DIEGOAPN207-150-33-00
Schools near 4627 Park Drive
This home is within Carlsbad Unified School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Kelly Elementary School PublicK to 5 | ||
Valley Middle School Public6 to 8 | ||
Sage Creek High School Public9 to 12 | ||
Carlsbad High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Coldwell Banker Realty, Paul Ragnvaldsson, DRE #01852489
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