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Assignment

Contract Assignment · 3BR/2.0BA in Carlsbad, CA | $445,000

5901 Priestly Dr, Carlsbad, CA · Listed Jan 2025

The seller hasn’t added photos yet
Property typeMultifamily
Units4
Beds / baths8 / 4
Living area3,356 sqft
Lot0.26 acres
Year built1969

About this deal

Assignable purchase contract on a 3-bed, 2.0-bath single-family home located at 5901 PRIESTLY DR, Carlsbad, CA. Contract price $445,000. Assignment fee is pre-negotiated and already priced in. Comps support solid post-rehab value — an equity play with minimal work required.

The numbers

Cap rate
9.9%
Net operating income
$33,048/yr
Cash flow
+$2,754/mo
Occupancy
3 of 4 units

Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.