The Beach Palms Carlsbad

8 Unit Apartment Building | $9,950,000 ($1,243,750/Unit) | 4.56% Cap Rate | Carlsbad, CA 92008

Date Added:
September 16, 2024
Days on Market:
2 days

Asking Price $9,950,000

Property Type
Multifamily
Square Feet
6,386 SF

Listing Contacts

Aaron Bove
Aaron Bove
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Nathan Duffy
Nathan Duffy
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Casey Sanders
Casey Sanders
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  • Property Info

Property 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.

Property Details

Year Built/Renovated
1959/2016
Stories
2
Lot Size (sq. ft)
13,068 SF
Units
8

Highlights

  • Situated across the street from the pristine Carlsbad Beach, this property offers unparalleled access to the sun, sand, and surf.
  • Within walking distance to the vibrant Carlsbad Village.
  • Operating as a luxurious vacation rental property.
  • Two low-rise buildings with a diverse unit mix. Separated by a expansive courtyard.

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