Rare opportunity to develop 23 apartment units in Carlsbad, CA with City approved plans. Property consists of two separate APN's - Parcel Numbers 216-300-1200, 216-300-1300. Well established neighborhood in North San Diego. Development Option: Four-story residential apartment project with 3 inclusionary housing units. Location: Southwest corner of Romeria Street and Gibraltar Street, Carlsbad. Close to all North County coastal cities. Zoning: RD-M RESIDENTIAL DENSITY-MULTIPLE. Completed Plans: Building (Architectural, Landscape, MEP, Structural), Development. Completed Reports: Drainage Study, Geotechnical Engineering Report, Density Bonus Report, Noise Study, Staff Report, Street Tree Report, Title Report, Traffic Impact Analysis.