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Neel Pujara Sells Multifamily Property At 3366 Roosevelt Street In Carlsbad For $3.95M

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SOLD
$3,950,000

California

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MultiFamily4,944 SF
Sold 01/14/2025
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Property Image
SOLD

Neel Pujara Sells Multifamily Property At 3366 Roosevelt Street In Carlsbad For $3.95M

3366 Roosevelt Street

See Similar Deals
MultiFamily4,944 SF
Sold 01/14/2025
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$798
Total Square Footage:4,944 SF
Transaction Type:Sale

The multifamily property located at 3366 Roosevelt Street in Carlsbad has been sold for $3,950,000. The asset encompasses 10 units with a total square footage of 4,944, resulting in a price per unit of $395,000 and a price per square foot of $798.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,950,000
  • Units: 10
  • Square Footage: 4,944
  • Price Per Unit: $395,000
  • Price Per Square Foot: $798
  • Seller: Neel Pujara
  • Broker: Angelo La Bruna - Apartment Realty Group (ARG)

Neel Pujara was the seller of the property, while the transaction was facilitated by broker Angelo La Bruna representing the seller through Apartment Realty Group (ARG).

Players

Angelo La Bruna
14 deals$88.6M volume
BROKER

Details

SOLD
IMAGE: Neel Pujara & Angelo La Bruna DATE: 01/14/2025 ADDRESS: 3366 Roosevelt Street MARKET: Carlsbad ASSET TYPE: Multifamily SELLER: Neel Pujara (@Nrp500) BROKER: Angelo La Bruna (@Angelo_La_Bruna) - Apartment Realty Group (ARG) (@ApartmentRealty) SALE PRICE: $3,950,000 UNITS: 10 ~ PPU: $395,000 SF: 4,944 ~ PPSF: $798

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,033.51
Cash-on-Cash Return-1.27%
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