6801 Embarcadero Ln, Carlsbad, CA 92011
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
Listed by: jeffrey j toth
Office: luxeally real estate
MLS#:260002549
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,695,000
- Price per sq. ft.:$412.76
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...
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Home facts
- Listing ID #:260002549
- Added:97 day(s) ago
- Updated:May 11, 2026 at 07:36 AM
Rooms and interior
- Living area:8,952 sq. ft.
Heating and cooling
- Cooling:Central Forced Air Elec
Structure and exterior
- Building area:8,952 sq. ft.
- Levels:3 Story
Finances and disclosures
- Price:$3,695,000
- Price per sq. ft.:$412.76
Parking
- Total parking spaces:18
- Parking description:Underground
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