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Multifamily

150 Walnut Ave

150 Walnut Ave, Carlsbad, CA 92008

Listing Price: $9,950,000

Cap Rate
4.56%
Number of Units
8
GRM
12.08
Price/Unit
$1,243,750
Price/Gross SF
$1,624.76
Gross SF
6,124

Investment Overview

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.

Investment Highlights

  • High-End Stainless Steel Appliances
  • 4K Security Cameras & Monitoring System
  • Fully Furnished Short-term Rental

Exclusively Listed By

Financing By

Multifamily

150 Walnut Ave

Listing Price: $9,950,000

Cap Rate
4.56%
Number of Units
8
GRM
12.08
Price/Unit
$1,243,750
Price/Gross SF
$1,624.76
Gross SF
6,124

Investment Highlights

  • High-End Stainless Steel Appliances
  • 4K Security Cameras & Monitoring System
  • Fully Furnished Short-term Rental

Investment Overview

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.

Exclusively Listed By

Financing By

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