2306 Altisma Way

2306 Altisma Way #213

D

Carlsbad, CA 92009

$660,000

Soft Appraisal Value: $774,700 · 14.8% below estimate

Beds

2

Baths

2

Sqft

1,227

Year Built

1973

Days on Market

55

Property Type

Condo

HOA/mo

$540

MLS ID

NDP2601279

Description

Charming 2-bed, 2-bath condo in one of Carlsbad’s most sought-after neighborhoods! Tucked near the scenic La Costa Golf Course, this light and bright home offers pretty views, a functional layout, and easy coastal living. Enjoy being just minutes from the beach, top-rated dining, shopping, and the movie theater—everything you need right at your fingertips. Whether you’re sipping coffee with a view or heading out for a sunset stroll, this location delivers the best of North County lifestyle. A perfect full-time home, weekend retreat, or smart investment opportunity. One has not been available in this building in 2 years!

Mortgage Calculator

Est. Monthly Payment

$4,730

Principal & Interest$3,337
Property Tax$660
Insurance$192
HOA$540
%($132,000)
%

Investment Score

4D
Est. Monthly Rent
$3,444
Monthly Cashflow

Rent − PITIA

$-1,285
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,627

Mortgage (P+I)
$3,337
Cap Rate
1.29%
Cash-on-Cash
-23.89%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.73
Break-even Rent
$6,856

NOI (Annual)
$8,519
Price-to-Rent

Lower = better for investors

16.0

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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