2435 Garfield St

2435 Garfield St

D

Carlsbad, CA 92008

$1,649,999
NEW — 5d on market

Soft Appraisal Value: $1,611,900 · 2.4% above estimate

Beds

3

Baths

2.5

Sqft

1,870

Year Built

1980

Days on Market

5

Property Type

Condo

HOA/mo

N/A

MLS ID

NDP2602759

Description

Perched in one of Carlsbad’s most tightly held coastal pockets, 2435 Garfield St is the kind of opportunity that rarely surfaces—not offered to the open market in nearly 30 years. This is true beach-close living with the best of Carlsbad at your doorstep: effortless access to the sand, and an easy stroll into Carlsbad Village for acclaimed restaurants, coffee, shops, and everyday coastal energy. Inside, the home lives beautifully across multiple levels. The main living and dining area captures a peekaboo ocean view—a constant reminder you’re just minutes from the water. The layout is ideal for flexibility and hosting, with two bedrooms and a full bathroom on the lower level, perfect for guests, home office needs, or multigenerational living. Upstairs, the primary suite feels like a private retreat, featuring dual sinks and its own patio—a quiet place to start the day with ocean air or wind down at sunset. And then there’s the showstopper: the rooftop patio, where sweeping ocean views (and more) turn every gathering into an event—sunset dinners, morning coffee, fireworks, and the kind of panoramic coastal perspective that makes this neighborhood so coveted. Exclusive. Walkable. Beach-close. Homes like this don’t come around often—especially in a location that delivers the full Carlsbad lifestyle in such a rare, enduring way.

Mortgage Calculator

Est. Monthly Payment

$10,475

Principal & Interest$8,343
Property Tax$1,650
Insurance$481
%($330,000)
%

Investment Score

1D
Est. Monthly Rent
$5,063
Monthly Cashflow

Rent − PITI − HOA

$-5,411
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,951

Mortgage (P+I)
$8,343
Cap Rate
0.29%
Cash-on-Cash
-28.91%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.48
Break-even Rent
$15,389

NOI (Annual)
$4,710
Price-to-Rent

Lower = better for investors

27.2

* 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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