NOT LISTED FOR SALE

3481 Garfield St Carlsbad, CA 92008

6 Beds
3 Baths
2,773 Sq Ft
1954 Built

Last Sold January 31, 2022

Last sale price $2,800,000 $1,010 Per Sq Ft

23 Days on Market

Highlights

  • Ocean Front
  • Community Barbecue Grill
  • Partially Fenced Property
  • Carlsbad High School Rated A
  • Laundry Facilities
  • 1-minute walk to Tamarack Surf Beach

About This Home

As of January 2022

AMAZING OPPORTUNITY! One block from the Ocean. This rare setup lends itself as one of 2 options: a great primary residence with income-earning opportunities OR a full time 3-unit rental. This Charming Property hasn't missed a detail. All units recently remodeled. Offering a single story detached front house with curb appeal, includes a living/dining room that opens to the kitchen. Private washer and dryer. Then two units on the back of the property feature a new roof & windows. Newer water heater & washer and dryer. Unit B offers gorgeous wood beams, wood flooring, stunning plastered walls, updated kitchen, optional den, open & airy floor plan that offers lots of natural light. Sit on the deck with your cocktail and fresh mint from the garden or lounge in the hammock underneath passionfruit vines and a mango tree. Rinse off in one of the two outdoor showers. Walk to restaurants, bars and the beach. A highly desirable Carlsbad location. Enjoy great surf spots and beach living!

Last Listed By

Cyd Panaccione

HomeSmart Realty West License #01951659 Listed on: 10/05/2021

HomeSmart Realty West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • Ocean Front
  • Partially Fenced Property
  • Level Lot

Parking

  • RV Potential

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Ocean Views

Schools

  • Carlsbad Unified School District Elementary And Middle School
  • Carlsbad Unified School District High School

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 204-233-03-00

Community Details

Overview

  • 3 Units
  • Palisades Community

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $111,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Acacia Ave
  • Neighborhood: Carlsbad
  • Stories: 2 Story
  • Sale Price List Price: 1.04
  • Total Stories: 2
  • Year Built: 1954
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Garage/Parking

  • Parking for RV: Potential Space

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Available
  • Water: Available
  • Water Heater Type: Gas
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: Palisades
  • Pets Allowed: Yes
  • Community: CARLSBAD WEST
  • Complex Features: BBQ, Laundry Facilities

Schools

  • School District URL: http://www.carlsbadusd.k12.ca.us/
  • Elementary School: Carlsbad Unified School District
  • Elementary School Website: http://www.carlsbadusd.k12.ca.us/
  • High School: Carlsbad Unified School District
  • Middle School Url: http://www.carlsbadusd.k12.ca.us/
  • Middle School: Carlsbad Unified School District

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Sidewalks
  • Topography: Level
  • Assessor Parcel Number: 204-233-03-00

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 111800
  • Annual Expense Actual: 8200
  • Gross Rent Multiplier Actual: 23.5
  • Gross Sched Income Actual: 120000
  • Number Of Buildings: 1
  • Number Of Furnished Units: 3
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 3
  • Number Of Units With Garage: 1
  • 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
  • Other Income Actual: 45000

Range of Values:

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Sold Price
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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
01/31/2022 01/31/22 Sold $2,800,000 +4.3% $1,010 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/21/2021 10/21/21 Price Changed $2,685,000 -4.8% $968 / Sq Ft
10/05/2021 10/05/21 For Sale $2,820,000 0.0% $1,017 / Sq Ft
03/27/2020 03/27/20 Rented $3,200 -5.9% --
03/27/2020 03/27/20 Under Contract -- -- --
03/18/2020 03/18/20 For Rent $3,400 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210028026

San Diego MLS

APN: 204-233-03-00