Downtown Carlsbad has an allure mostly because it is next to the beach, plus a good walk around town is enjoyable. But those who want to buy a home nearby have their work cut out for them – there is very little for sale.
TM is hoping to capitalize on the lack of inventory, and sell 2,100sf condos within walking distance of the village and beach that offer ocean views and a 2-car garage – for around a million dollars:
I’ve been wondering about these units – considering you are across the street from a carwash and massage parlor. I don’t think you could rent the place for 4k. Very niche clientele that can afford 900k and willing to spend it there. Hyper gentrification really.
What makes these condos interesting is that they’re a block and a half from a Coaster stop. If you worked downtown but wanted a location outside of the city + not have to deal with traffic on a daily basis these a pretty good option.
950k + $250/300 in hoa’s seems steep. Also all those stairs are going to scare away the old people. Are they planning to do a covered garage? At these numbers I think it’s something people would expect.