Lee & Associates – North San Diego County Land Team Sells 1 Acre for $2.7M
Carlsbad, CA – March 5, 2021 – Matt Weaver and Al Apuzzo of Lee & Associates – NSDC and Michael McFarland of Cardinal Industrial have just sold 4509 Adams St. Matt, Al, and Michael represented both the Seller, VIP Partners, and the Buyer, Bitchin Properties LLC. The property is situated on the Agua Hedionda lagoon. The one acre property currently has an approximately 3,824 square foot structure with boat ramp and water access. The upper level of the original house is a 2-bedroom apartment. The lower part of the original house was converted into a restaurant in the 1960s. The restaurant closed in 2004 and was converted back to a 2-bedroom apartment and added storage under the house for the Boat Club. It is currently the home of floating yoga. The property is zoned Residential Tourism and the general plan is Visitor Commercial. The property sold for $2,700,000.
ABOUT LEE & ASSOCIATES
Lee & Associates is a commercial real estate brokerage, management, and appraisal services firm. Established in 1979, Lee & Associates has grown its service platform to include offices in the United States and Canada. Lee & Associates provides superior market intelligence in office, industrial, retail, investment, and appraisal to meet the specialized needs of our clients. For the latest news from Lee & Associates, visit lee-associates.com or follow us on Facebook, LinkedIn, Twitter and Link, our company blog.