NOT LISTED FOR SALE
6 Beds
5 Baths
2,185 Sq Ft
4,449 Sq Ft Lot

Sale Details

Date Sold: August 20, 2025

Last sale price $4,300,000 $1,968 Per Sq Ft

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
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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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2025
Closed on
Jul 29, 2025
Sold by
Ragsdale Trust and Ragsdale Jaemin L
Bought by
Seller's Agent
Tyler Snyder
Snyder Real Estate Group
Buyer's Agent
John Selby
Compass
List Price
$4,379,000
Sold Price
$4,300,000
Premium/Discount to List
-$79,000
-1.8%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 24, 2022
Closed on
Apr 6, 2022
Sold by
Marie Fiechter Rose
Bought by
Fiechter Thomas Edward
Seller's Agent
Greg Gorsuch
CPM Realty
Buyer's Agent
Tyler Snyder
Snyder Real Estate Group
List Price
$2,900,000
Sold Price
$2,550,000
Premium/Discount to List
-$350,000
-12.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.04%
Original Mortgage
$2,550,000
Interest Rate
4.16%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 24, 2022
Closed on
Mar 23, 2022
Sold by
Fiechter Real Estate Trust
Bought by
Fiechter William R and Fiechter Thomas Edward
Seller's Agent
Greg Gorsuch
CPM Realty
Buyer's Agent
Tyler Snyder
Snyder Real Estate Group
List Price
$2,900,000
Sold Price
$2,550,000
Premium/Discount to List
-$350,000
-12.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,550,000
Interest Rate
4.16%
Mortgage Type
Construction
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,300,000 Chicago Title
Fiechter Thomas Edward -- Lawyers Title
Ragsdale Trust $2,550,000 Lawyers Title
Fiechter William R -- Lawyers Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,500,000
Closed Aballi Family Revocable Trust $2,500,000
Previous Owner Ragsdale Trust $5,000,000
Previous Owner Ragsdale Trust $575,000
Previous Owner Ragsdale Trust $1,402,500
Previous Owner Ragsdale Trust $2,550,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $30,125 $4,300,000 $3,720,000 $580,000
2025 $30,125 $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

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Map

Source: San Diego MLS

MLS Number: 250029321

San Diego MLS

APN: 204-121-04-00

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