Two units currently occupied and can be rented out for between $5000-$6000 as a monthly estimate. You could also remove the existing structures and construct up to 6 units per the City of Carlsbad. Possible opportunity for expansion of existing homes as well on this .25-acre lot just a few blocks south of Carlsbad Village Drive. Please take a look at the paperwork included with the listing in regard to the City of Carlsbad's Master Plan for the Village and surrounding area. Only about 8 blocks to the beach but per the City this parcel does NOT need Coastal Commission approvals. Close to parks, schools, public transportation, the beach, and Carlsbad Villages' extensive shopping and dining. Seller will look at all reasonable offers.