Property Details
About this Property
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).
MLS Listing Information
MLS #
SD260002549
MLS Source
San Diego MLS
Days on Site
1
Interior Features
Cooling
Central Forced Air - Electric
Parking, School, and Other Information
Zoning
R-3:RESTRI
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 12 | 12 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
6801 Embarcadero Ln is a Residential Income in Carlsbad, CA 92011. This – square foot property sits on a 0.79 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,995,000 and was built in –. This address can also be written as 6801 Embarcadero Ln, Carlsbad, CA 92011.
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This listing information is up-to-date as of February 03, 2026. For the most current information, please contact Jeffrey Toth, (858) 630-8997
