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    150 Walnut

    Carlsbad, CA 92008
    • $6,995,000
    • STATUS: ACTIVE
    • ON SITE: 43 days
    • ID#: 210001210
    UPDATED: 69 min ago
    $6,995,000
    • 6
      BEDS
    • 0.3
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    We are proud to present The Beach Palms Carlsbad, a luxury vacation rental property. Currently operating and permitted as a vacation rental property, the potential buyer can continue to reap the increased revenue from vacation rental business, or convert back to long term luxury furnished apartments and or corporate rental. The owners completely renovated the interiors and common area with the latest luxurious amenities that guests come to expect. They also transformed the large courtyard into a tropical oasis where guests can go to unwind and relax, have a BBQ or spend time with friends and family. Located across the street from pristine Carlsbad Beach. Walking distance to fine dining, shopping, galleries and entertainment in Carlsbad Village. The property has two, 2-story low rise buildings that include a total of 8 units. The South building has six 2- bedroom units and the north building has one 1-bedroom unit and one 3-bedroom unit. A laundry room is located onsite

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/113311683
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    150 Walnut Carlsbad, CA 92008

    • Price: $6,995,000
    • Status: ACTIVE
    • Updated: 69 min ago
    • ID#: 210001210
    6
    Beds
    5
    Baths
    0
    ½ Baths
    0.3
    Acres
    Neighborhood:
    Carlsbad (92008)
    County:
    San Diego
    Area:
    Carlsbad (92008)
    Property Description
    We are proud to present The Beach Palms Carlsbad, a luxury vacation rental property. Currently operating and permitted as a vacation rental property, the potential buyer can continue to reap the increased revenue from vacation rental business, or convert back to long term luxury furnished apartments and or corporate rental. The owners completely renovated the interiors and common area with the latest luxurious amenities that guests come to expect. They also transformed the large courtyard into a tropical oasis where guests can go to unwind and relax, have a BBQ or spend time with friends and family. Located across the street from pristine Carlsbad Beach. Walking distance to fine dining, shopping, galleries and entertainment in Carlsbad Village. The property has two, 2-story low rise buildings that include a total of 8 units. The South building has six 2- bedroom units and the north building has one 1-bedroom unit and one 3-bedroom unit. A laundry room is located onsite
    Exterior Features

    Carports 8 Construction DrywallFrameStoneStucco Exterior All Auto SprinklersBlock FenceCable AvailableCommunity FacilitiesFront SprinklersFully LandscapedMetal Fence Parking CarportsSpaces Parking Spaces Total 16 Roof Tile

    Interior Features

    Cooling Central Forced Air Elec Floor Coverings HardwoodTile Floors SlabWood Heating Central Forced Air Gas Laundry Owned Sq Ft Of Improvement 6386 Stories 2 Story Unit Furnished1 Y Unit Furnished2 Y Unit Furnished3 Y Units With Dishwashers 8 Units With Disposals 8 Units With Drapes 8 Units With Ranges 8 Units With Refrigerators 8

    Property Features

    Actual Cap Rate 3.34 Actual Gross Scheduled Income 493978.0 Actual Operating Expense 244743 Assumable Finance 0 Buildings 3 Complex Features BbqCtv Avail Existing Financing Conventional Financial Information Source Owner Flood Zone Hazard Unknown Geological Hazard Zone Hazard Unknown Gross Equity 6995000 Gross Multiplier 14.16 Have Units Mandatory Remarks None Known Market Area Coastal North Motive Want Sell Other Income Actual 1500 Short Sale No Sq Ft Source Tax Record Tenant Pays Electric N Tenant Pays Gas N Tenant Pays Water N Terms CashCash To New Loan Unit Number1 1 Unit Number2 6 Unit Number3 1 Unit Rent Total1 4650 Unit Rent Total2 33300 Unit Rent Total3 7470 Unit Rent1 4650 Unit Rent2 5550 Unit Rent3 7470 Unit Type ApartmentOther/Remarks Zoning R-4

    Listing provided courtesy of Acre Investment Real Estate. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101