2400 Altisma Way
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2400 Altisma Way #B

D

Carlsbad, CA 92009

$775,000

Soft Appraisal Value: $761,800 · 1.7% above estimate

Beds

2

Baths

2

Sqft

1,620

Year Built

1978

Days on Market

62

Property Type

Townhouse

HOA/mo

$454

MLS ID

260006390SD

This property is in Carlsbad (92009). View neighborhood stats →

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About This Property

Experience the best of coastal living in this bright and airy tri-level townhome, perfectly situated just minutes from the beaches of Carlsbad. This beautifully designed attached residence features a modern kitchen that flows seamlessly into the main living areas, where dramatic floor-to-ceiling windows invite an abundance of natural light. Open the windows to enjoy a refreshing ocean cross-breeze that fills every level of the home. Both oversized bedrooms feature their own en-suite bathrooms, providing ideal privacy for residents or guests. The spacious primary suite includes a walk-in closet and your own private balcony, perfect for enjoying morning coffee, while the second bedroom offers, ample storage, its own walk-out patio to mature trees for a quiet outdoor retreat, and the ability to install a mini-stove and microwave to make this its own studio with separate entry to create rental income. The layout provides separation of space and functionality, and the direct access 2-car garage offers valuable storage rarely found in similar homes. Located just minutes from the beaches of Carlsbad, as well as fantastic dining, shopping, & everyday conveniences, this home offers the perfect blend of comfort, character, & coastal lifestyle. *All Special Assessment Paid Off on this Unit! CONVENTIONAL, VA, and FHA spot approval Financing available for this unit!*

Mortgage Calculator

Est. Monthly Payment

$5,374

Principal & Interest$3,919
Property Tax$775
Insurance$226
HOA$454
%($155,000)
%

Location

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Investment Score

27D
Est. Monthly Rent
$3,564
Monthly Cashflow

Rent − PITIA

$-1,810
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,275

Mortgage (P+I)
$3,919
Cap Rate
1.00%
Cash-on-Cash
-25.36%
DSCR

Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$7,818

NOI (Annual)
$7,721
Price-to-Rent

Lower = better for investors

18.1

* 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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