2633 Ocean st, Carlsbad, CA 92008
Active
$12,495,000
5 Units
7 Beds
6 Baths
n/a Area(sq.ft.)
Lot: 6,999 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 2 | n/a | n/a | $ 15,000 | |
| Unit 2 | 1 | 2 | 1 | $ 2,650 | $ 2,650 | $ 4,500 | |
| Unit 3 | 1 | 1 | 1 | $ 3,650 | $ 3,650 | $ 3,650 | |
| Unit 4 | 1 | 1 | 1 | $ 4,350 | $ 4,350 | $ 5,000 | |
| 4 | 7 | 5 | $ 10,650 | $ 10,650 | $ 28,150 |
| MLS #: | 250028028SD |
| Days On Market: | 260 |
| Listing Date: | May 20, 2025 |
| County: | San Diego |
| Property Type: | Residential Income |
| Price per unit: | $ 2,499,000 |
| Year Built: | 1960 |
Property Details
Please contact agent for Offering Memorandum. Discover unparalleled beachfront living and investment potential with this stunning property at 2633 Ocean Avenue in Carlsbad. Boasting six beautifully remodeled units, this gem offers modern, upscale finishes and the charm of coastal elegance. Each unit features sleek new kitchens, contemporary bathrooms, and stylish living spaces, ensuring both comfort and sophistication for tenants or guests. Property Highlights: Prime Location: Enjoy direct access to a pristine, private beach, perfect for sunbathing, surfing, and leisurely strolls along the shore. Fully Remodeled Units: Every unit has been thoughtfully upgraded with high-end appliances, luxurious fixtures, and fresh, modern dcor. Versatile Use: Ideal for both short-term rentals on Airbnb and long-term tenants, offering flexibility to maximize rental income. Ample Parking: Generous parking accommodations make hosting guests or managing tenants hassle-free. Investment Potential: This property represents a superb opportunity for investors, including a fantastic option for a large 1031 Exchange, making it a strong candidate for securing your real estate legacy. Whether you're looking for a lucrative investment or a remarkable addition to your real estate portfolio, 2633 Ocean Avenue is a rare find with limitless possibilities. Embrace the opportunity to own a slice of Carlsbad s coveted coastline and capitalize on a property that combines luxury with practical, high-yield potential. Don t miss out on making this exceptional property your next investment triumph!Interested in this Listing?
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Income Details
| Total Annual Expense: | $ 20,000 |
| Net Operating Income: | $ 250,000 |
| Cap Rate: | 2% |
| Gross Rent Multiplier: | 5.00 |
Structure
| Amenities: | Beach Rights |
| Levels: | Three Or More |
| Complex Name: | Carlsbad |
| Security Features: | None |
| Sewer: | Sewer Connected |
| View Description: | Panoramic Ocean |
| Water: | Meter on Property |
Land & Parking
| Zoning: | R-3:RESTRI |
Interior
| AC/Cooling: | Central Forced Air |
| Heating: | Forced Air |
Exterior
| Pool: | No |
| Roof: | Rolled/Hot Mop |
| Spa: | No |
Detailed Map
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