2323 Caringa Way

2323 Caringa Way

D

Carlsbad, CA 92009

$820,000
NEW — 7d on market

Soft Appraisal Value: $807,800 · 1.5% above estimate

Beds

2

Baths

2

Sqft

1,536

Year Built

1975

Days on Market

7

Property Type

Townhouse

HOA/mo

$740

MLS ID

PTP2601832

Description

Don't miss out on this gorgeous tri-level end-unit townhome with rare dual views! Convenient location. Ocean sunsets from the upper-level balcony at the back and tranquil garden views from the front. This is the only condo in the development with both front and back views, and with only one shared wall it offers exceptional privacy. The home features two balconies, one off the primary bedroom and a spacious balcony on the top floor that extends the living area and is perfect for relaxing or entertaining. The upper living level showcases vaulted, beamed ceilings and over-sized picture windows facing east and west, filling the space with natural light and refreshing sea breezes, while the garden patio off the second bedroom provides a peaceful shaded retreat. The home has been extensively upgraded, including all new Anlin windows and sliding doors, covered by a double lifetime transferable warranty. The upper level has Bravada Contempo hardwood flooring and new baseboards, while the middle level features Oasis El Capitan water-resistant laminate flooring and new baseboards, and all stairs have been updated with Gulistan Hawthorne stain-resistant carpeting. The hall bathroom has been fully renovated with a custom tile and glass shower, new vanity, sink, mirror, and fixtures. Four new wall heating units service individual zones in the living room, dining area, and both bedrooms. Parking is convenient with a two-car garage plus additional space for two cars in the driveway. This home is superbly located, close to the ocean, great shopping and dining, and just minutes from the La Costa Golf & Spa Resort. This beautifully upgraded home with rare views and an unbeatable location will not last long on the market!

Mortgage Calculator

Est. Monthly Payment

$5,946

Principal & Interest$4,146
Property Tax$820
Insurance$239
HOA$740
%($164,000)
%

Investment Score

4D
Est. Monthly Rent
$3,752
Monthly Cashflow

Rent − PITI − HOA

$-2,193
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,740

Mortgage (P+I)
$4,146
Cap Rate
0.60%
Cash-on-Cash
-16.05%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.63
Break-even Rent
$5,945

NOI (Annual)
$4,880
Price-to-Rent

Lower = better for investors

18.2

* 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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