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Multifamily

3177 Lincoln Street

3177 Lincoln St, Carlsbad, CA 92008

Listing Price: $4,850,000

Cap Rate
1.99%
Number of Units
6
GRM
26.94
Price/Unit
$808,333
Price/Gross SF
$594.36
Gross SF
8,160

Investment Overview

We are pleased to present an exclusive 6-unit offering just blocks from the beach in the heart of Carlsbad Village — 3177 Lincoln Street. This is a rare opportunity to acquire a quality multifamily asset in one of San Diego County’s most desirable coastal submarkets, with immediate upside through short-term rental conversion.

Key Highlights:

Offered at: $4,850,000
Unit Mix: (2) 1BD/1BA, (4) 2BD/1BA
Building Size: 5,044 SF | Lot Size: 8,160 SF
Current CAP Rate: 3.69% | Pro Forma CAP Rate: 7.14%
Current GRM: 18.21 | Pro Forma GRM: 5.55
Projected Gross Annual Rent: $873,600 via STR
Surface Parking + Minimal Landscaping for Low Opex
This property has been thoughtfully upgraded and is ideally located within walking distance to beaches, restaurants, and shops in Carlsbad Village. Under a short-term rental strategy, the projected Net Operating Income increases by nearly 2x, offering strong yield in a high-barrier, supply-constrained market.

Investment Highlights

  • Blocks From The Beach
  • Prime Carlsbad Location
  • Thoughtfully Upgraded Property

Exclusively Listed By

Multifamily

3177 Lincoln Street

Listing Price: $4,850,000

Cap Rate
1.99%
Number of Units
6
GRM
26.94
Price/Unit
$808,333
Price/Gross SF
$594.36
Gross SF
8,160

Investment Highlights

  • Blocks From The Beach
  • Prime Carlsbad Location
  • Thoughtfully Upgraded Property

Investment Overview

We are pleased to present an exclusive 6-unit offering just blocks from the beach in the heart of Carlsbad Village — 3177 Lincoln Street. This is a rare opportunity to acquire a quality multifamily asset in one of San Diego County’s most desirable coastal submarkets, with immediate upside through short-term rental conversion. Key Highlights: Offered at: $4,850,000 Unit Mix: (2) 1BD/1BA, (4) 2BD/1BA Building Size: 5,044 SF | Lot Size: 8,160 SF Current CAP Rate: 3.69% | Pro Forma CAP Rate: 7.14% Current GRM: 18.21 | Pro Forma GRM: 5.55 Projected Gross Annual Rent: $873,600 via STR Surface Parking + Minimal Landscaping for Low Opex This property has been thoughtfully upgraded and is ideally located within walking distance to beaches, restaurants, and shops in Carlsbad Village. Under a short-term rental strategy, the projected Net Operating Income increases by nearly 2x, offering strong yield in a high-barrier, supply-constrained market.

Exclusively Listed By

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