$4,379,000
PENDING

Estimated payment $28,564/month

Total Views 5,838
6 Beds
5 Baths
2,185 Sq Ft
$2,004 Price per Sq Ft

Highlights

  • Beach Front
  • Ocean View
  • Tankless Water Heater
  • Carlsbad High School Rated A
  • Corner Lot
  • 4-minute walk to Tamarack Surf Beach

About This Home

Turn-key coastal Triplex on a corner lot with unobstructed ocean views offers endless lifestyle and income potential just 120 feet from the beach. This trophy property consists of two 2-Bedroom/2-Bath units and one 2-Bedroom/1 Bath unit. The property has been meticulously upgraded inside and out with a new roof, fresh paint, and beautiful new landscaping. Each unit features new flooring, modern kitchens, stylish bathrooms, and in-unit washer/dryer. The property has also been equipped with mini-split AC/Heating units for year-round comfort and much more! There are numerous opportunities for you with this ocean view location and walkability to downtown Carlsbad to come in and run as a highly desirable vacation rental year round, an executive long term rental, an ocean view primary residence while you generate income from the other units, or an amazing legacy property/equity preservation owning a piece of coastal California real estate. Rarely do you find a property like this with an unbeatable location, turn-key condition, and tremendous income potential. Turn-key coastal Triplex on a corner lot with unobstructed ocean views offers endless lifestyle and income potential just 120 feet from the beach. This trophy property consists of two 2-Bedroom/2-Bath units and one 2-Bedroom/1 Bath unit. The property has been meticulously upgraded inside and out with a new roof, fresh paint, and beautiful new landscaping. Each unit features new flooring, modern kitchens, stylish bathrooms, and in-unit washer/dryer. The property has also been equipped with mini-split AC/Heating units for year-round comfort and much more! There are numerous opportunities for you with this ocean view location and walkability to downtown Carlsbad to come in and run as a highly desirable vacation rental year round, an executive long term rental, an ocean view primary residence while you generate income from the other units, or an amazing legacy property/equity preservation owning a piece of coastal California real estate. Rarely do you find a property like this with an unbeatable location, turn-key condition, and tremendous income potential.

Listing Agent

Tyler Snyder

Snyder Real Estate Group License #01475444 Listed on: 06/03/2025

Co-Listing Agent

Heather Myers-Snyder

Snyder Real Estate Group License #02210343

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 4,449 Sq Ft Lot
  • Beach Front
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Sprinklers on Timer

Property Views

  • Ocean
  • Panoramic

Home Design

  • Composition Roof

Utilities

  • Heating Available
  • Separate Water Meter
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • 2-Story Property
  • West of 5 Freeway

Listing and Financial Details

  • Assessor Parcel Number 204-121-04-00

Community Details

Overview

  • 3 Units
  • Sycamore Community

Building Details

  • Net Operating Income $92,317

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Carlsbad Boulevard
  • Neighborhood: Olde Carlsbad
  • Supplement: Turn-key coastal Triplex on a corner lot with unobstructed ocean views offers endless lifestyle and income potential just 120 feet from the beach. This trophy property consists of two 2-Bedroom/2-Bath units and one 2-Bedroom/1 Bath unit. The property has been meticulously upgraded inside and out with a new roof, fresh paint, and beautiful new landscaping. Each unit features new flooring, modern kitchens, stylish bathrooms, and in-unit washer/dryer. The property has also been equipped with mini-split AC/Heating units for year-round comfort and much more! There are numerous opportunities for you with this ocean view location and walkability to downtown Carlsbad to come in and run as a highly desirable vacation rental year round, an executive long term rental, an ocean view primary residence while you generate income from the other units, or an amazing legacy property/equity preservation owning a piece of coastal California real estate. Rarely do you find a property like this with an unbeatable location, turn-key condition, and tremendous income potential.
  • LP / Sq Ft: 19.55
  • Stories: 2 Story
  • Total Stories: 2
  • Year Built: 1949
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Frontage: Ocean/Bluff, Ocean/Sand
  • Roof: Composition
  • View: Ocean, Panoramic, Panoramic Ocean

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Electric, Gas, Tankless
  • Telecommunications: Cable (coaxial)

Condo/Co-op/Association

  • Complex Name: Sycamore
  • Community: CARLSBAD WEST

Lot Info

  • Irrigation: Automatic, Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Site: Corner Lot, West of I-5
  • Topography: Level
  • Water District: CARLSBAD MUNICIPAL WATER DISTRI
  • Zoning: R-3
  • Assessor Parcel Number: 204-121-04-00
  • Estimated Lot Sq Ft: 4449

Rental Info

  • Tenant Pays: Water, Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 92317
  • Annual Expense Actual: 62363
  • Annual Expense Projected: 62363
  • Gross Rent Multiplier Actual: 28.0
  • Gross Rent Multiplier Projected: 15.29
  • Gross Sched Income Actual: 154680
  • Gross Sched Income Projected: 286321
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 3
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 3
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Pending -- -- --
07/02/2025 07/02/25 For Sale $4,379,000 0.0% $2,004 / Sq Ft
06/23/2025 06/23/25 Pending -- -- --
06/03/2025 06/03/25 For Sale $4,379,000 +71.7% $2,004 / Sq Ft
04/28/2022 04/28/22 Sold $2,550,000 -12.1% $1,313 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $2,900,000 0.0% $1,493 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $2,900,000 -- $1,493 / Sq Ft
Source: San Diego MLS

Source: San Diego MLS

MLS Number: 250029321

San Diego MLS

APN: 204-121-04-00