240 Pacific
Dbottom 20%Carlsbad, CA 92008Neighborhood: Carlsbad Village
28 licensed short-term rentals within ½ mile (28 whole home), from the cities' license and permit lists of Nov 13, 2026.
Pass at asking: -$17,902/mo full cashflow at 20% down, 7.36% rate.
Works at $652,643 (78% under asking); even all cash loses money at asking.
Rent $6,477/mo from 8 leases of 2–4 bed houses within 1 mi ($6,400–$7,289).
Beds
3
Baths
2
Sqft
2,402
Year Built
1962
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
PW26242586
This property is in Carlsbad (92008). View neighborhood stats →
About This Property
200 Yards to the Sand. Steps to the Village. Room to Live It All. Just 200 yards to the sand and an easy stroll to Carlsbad Village, this three-level beach home sits on a quiet stretch of Pacific Avenue in Carlsbad's coveted coastal zone. With 2,402 square feet, a two-car garage plus two more driveway spaces, and a top-level deck overlooking Buena Vista Lagoon, it gives you room to live it all, which is rare this close to the beach. The upstairs main living level is built for gathering. An open-concept kitchen features granite counters and GE Monogram stainless appliances. It flows into a large family room with open-beam ceilings, a gas fireplace, rich cherry wood floors and upgraded window treatments. A second bedroom is also on this level. The original third bedroom was opened up to create a generous dining area, and it can easily be converted back. The ground level offers a large bedroom suite with its own private entrance, an attached bathroom and a dedicated office area. This flexible layout works well for guests, a home office or extended stays. A large laundry room with direct access to the two-car garage makes coming home from the beach easy: rinse off, drop the boards and head upstairs. At the top, an open loft flows out to a view deck overlooking the lagoon, a perfect spot for morning coffee or sunset with the ocean breeze. Outside your door: North Beach and the seawall path for miles of walking, running and biking; State Street's restaurants, coffee shops and weekly farmers market; and the Carlsbad Village Coaster station for an easy trip to downtown San Diego. Assigned schools are in the Carlsbad Unified School District. Whether this becomes your full-time home, a second home or a coastal retreat, this is where the Carlsbad lifestyle starts. Zoned R-3
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Est. Monthly Payment
$20,393
Location
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Zoned Schools
Elementary
Buena Vista Elementary · grades PK-5 · Carlsbad Unified
Middle
Valley Middle · grades 6-8 · Carlsbad Unified
High
Sage Creek High · grades 9-12 · Carlsbad Unified
or Carlsbad High · grades 9-12 · Carlsbad Unified
Choice area: the district lets families here pick either school.
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$6,477
Comp Average
$6,261
1801 Ratcliff Road
3bd / 2ba · 1,885 sqft · Single Family
$1.80M
Est. $5,384/mo
4208 Park Dr
4bd / 4ba · 2,518 sqft · Single Family
$2.30M
Est. $6,653/mo
2640 Highland
4bd / 3ba · 2,369 sqft · Single Family
$3.10M
Est. $6,227/mo
2438 Ocean Street
3bd / 2.5ba · 2,333 sqft · Single Family
$3.69M
Est. $6,426/mo
169 Sequoia Avenue
4bd / 3.5ba · 2,070 sqft · Single Family
$3.30M
Est. $6,613/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of 2–4 bed houses within 1 mi · $6,400–$7,289
Blended 50/50 with the zip's market median ($5,906)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$17,902/mo short at 20% down; +$23,249/mo rent closes it.
- Break-even price
- $652,643
- Break-even rent
- $29,726/mo
- Cashflow at 35% down
- −$14,803/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
78% under asking
$23,249/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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