facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal

Beach Palms Carlsbad Luxury Vacation Rental at 150 Walnut Avenue

Beach Palms Carlsbad Luxury Vacation Rental at 150 Walnut Avenue
FOR SALE
View more

$9,950,000

150 Walnut Avenue, Carlsbad, CA 92008

6,124 SF

Square Feet

$1,625

PPSF

4.56%

CAP

Property Description

NOI

$454,021

Cap Rate

4.56%

The Beach Palms Carlsbad—a luxurious vacation rental property. Currently in operation and permitted for vacation rentals.

Nestled just opposite the pristine Carlsbad Beach, this prime location is a leisurely stroll away from Carlsbad Village’s vibrant scene, boasting fine dining, shopping, galleries, and entertainment. Comprising two low-rise buildings—each spanning two stories—the South building comprises six 2-bedroom units, while the North building offers a 1-bedroom unit and a 3-bedroom unit. Additionally, a convenient laundry room with complimentary washers, dryers, and detergent is centrally located within the courtyard.

The owners have undertaken a comprehensive renovation, outfitting the interiors and common areas with top-of-the-line amenities that cater to guests’ expectations of luxury. They’ve also reimagined the expansive courtyard into a tropical sanctuary, providing guests with a space to unwind, enjoy barbecues, and spend quality time with loved ones.


Property Details

Asset Type

MultiFamily

Year Built

1959

Lot Size

13,022 SF

Neighborhood

North Beach

Submarket

Carlsbad

ZIP

92008

Listing Type

sale

Net Operating Income (NOI)

$720,304

Debt Service Coverage Ratio (DSCR)

1.27x

Cap Rate

7.24%

Cash Flow (Annual)

$154,287

Cash-on-Cash Return

6.20%

Monthly Debt Service

$47,168

Annual Debt Service

$566,017

View on Map

Address

150 Walnut Avenue

Log in to see street view

Get exclusive comps and insights by logging in - it's free!

Carlsbad MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale

No investors found in this market.

Contact the Listing Team

Aaron Bove

Aaron Bove

Senior Managing Director

12 closed

Call

Send a Message

Aaron Bove

Aaron Bove

Senior Managing Director

12 closed

Call