$4,300,000
SOLD AUG 20, 2025
6 Beds
5 Baths
2,185 Sq Ft
1949 Built

Recently Sold

$1,968 Per Sq Ft

2% Below List Price

47 Days on Market

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

As of August 2025

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.

Last Agent to Sell the Property

Tyler Snyder

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

Co-Listed By

Heather Myers-Snyder

Snyder Real Estate Group License #02210343

Last Buyer's Agent

John Selby

Compass License #01772626

Compass

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
  • Wood Siding

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

  • Tenant pays for water, cable TV, electricity, gas/propane
  • 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

4,449 Sq Ft Lot

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
  • Sale Price List Price: 0.98
  • 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
  • Gross Rent Multiplier Actual: 28.0
  • Gross Rent Multiplier Projected: 15.29
  • 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
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 List to Sale Price per Sq Ft Prior Sale
08/20/2025 08/20/25 Sold $4,300,000 -1.8% $1,968 / Sq Ft
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 View Prior Sale
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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $28,251 $2,787,079 $2,493,838 $293,241
2024 $28,251 $2,653,020 $2,444,940 $208,080
2023 $28,110 $2,601,000 $2,397,000 $204,000
2022 $2,769 $249,667 $105,781 $143,886
2021 $2,749 $244,772 $103,707 $141,065
2020 $2,731 $242,263 $102,644 $139,619
2019 $2,682 $237,514 $100,632 $136,882
2018 $2,570 $232,858 $98,659 $134,199
2017 $90 $228,293 $96,725 $131,568
2016 $2,425 $223,818 $94,829 $128,989
2015 $2,415 $220,457 $93,405 $127,052
2014 $2,377 $216,140 $91,576 $124,564
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 250029321

San Diego MLS

APN: 204-121-04-00

Your Personal Tour Guide

Ask me questions while you tour the home.