Tamarack Tide Villas

3480 Garfield Street | Carlsbad | CA | 92008


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Confidentiality Agreement

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Property Highlights

    • Located One Block From the Beach
    • Renovated and Upgraded Units
    • All are Two-Bedroom and Two-Bathroom Units
    • Community BBQ and Laundry Facility
    • On-site Parking

Property Details

  • Available SF: 4,272 SF
  • Price: $ 3,485,000
  • Price Per Unit: $ 871,250.00
  • Units: 4
  • Transaction Type: For Sale
  • Property Type: Multi-Family
  • Building Size: 5,482 SF
  • Availability: Sold

Property Description

Just one block from the surf, sand, and boardwalk at Carlsbad State Beach, this upgraded, remodeled, and well-maintained four-plex offers a great opportunity for lease and vacation rental income. Each unit presents a spacious living room, two bedrooms including one ensuite, two baths, upgraded or new dine-in kitchens with stainless steel appliances, upgraded dual-pane windows, privacy windows in bedrooms, and access to a covered carport space. Occupying a coveted lot of nearly 5,500 square feet, the property is complemented by a shared BBQ area, a shared laundry area, and tropical landscaping accented by coastal Tiki decor. The four apartments offer a combined total of approximately 4,272 square feet, with varying units displaying Shaker cabinetry, granite or quartz countertops, marble- and wood-inspired plank and tile flooring, and vaulted open-beam ceilings. Residents and vacationers can leave their cars at home and enjoy the beach, and the wide variety of cafes, shops, and restaurants in Carlsbad Village. I-5 is close by and provides quick access to the pier-side resorts of Oceanside, Del Mars village and racetrack, Legoland, and downtown San Diego.

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Financial Summary

Investment Highlights

Price $3,485,000.00
Price / Unit $871,250.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $3,485,000.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00