FOR SALE: 150 Walnut Carlsbad CA 92008 | 220013331 |$8,350,000| Cal Rob (858) 752-8730 for a TOUR!
Listing Office:Acre Investment Real Estate
Property Type:Com-Res Income
On Site:75 Days
The Beach Palms Carlsbad is 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 inside the courtyard, equipped with two complimentary washers/dryers and laundry detergent. No expense was spared on the total renovation of this property. It will be sold with all the furnishings and electronics.
$000 Monthly Payment
Loan and interest only.
Address:150 Walnut Carlsbad, CA 92008
Area (MLS Code):Coastal North
Features / Amenities
Features: Block Fence, Cable Available, Front Sprinklers, Fully Landscaped, Metal Fence, Wood Fence
Amenities: BBQ, CTV Avail
Cooling: Central Forced Air Elec
Heating: Central Forced Air Elec
|Extra Room 1|
|Extra Room 2|
|Extra Room 3|
Lot Dimensions:.25 Acres or less
Tax and Financial Info
Cap Rate Actual: $5
Actual Operating Expense: $183, 538
Actual Gross Schd Income: $573, 572
Terms: Cash, Cash to New Loan, Exchange Up