2465 Garfield Street

2465 Garfield Street

D

Carlsbad, CA 92008

$4,395,000

Soft Appraisal Value: $4,249,100 · 3.4% above estimate

Beds

4

Baths

5

Sqft

3,525

Year Built

1980

Days on Market

23

Property Type

Single Family

HOA/mo

N/A

MLS ID

260005988SD

Description

Fully remodeled coastal home just blocks from the beach and Carlsbad Village, offering ocean views, a rooftop deck, and luxury finishes throughout. Completely reimagined from top to bottom, this turnkey residence blends modern design with effortless indoor-outdoor living. The chef’s kitchen anchors the main level with a waterfall-edge quartzite island and a full suite of Viking appliances, including a built-in refrigerator and dual-oven 8-burner range. Custom cabinetry, Delta fixtures, and Fleetwood sliding doors bring in natural light and open seamlessly to the living and dining areas featuring engineered hardwood floors, a sleek fireplace, and built-in bar with wine fridge. Two first-floor bedrooms each include private en suite baths—ideal for guests or flexible living. Upstairs, the primary suite offers a vaulted wood-clad ceiling with skylight, spa-inspired bath with soaking tub, oversized walk-in shower, quartzite counters, and a custom walk-in closet. A finished bonus room provides additional flexible space. All four bedrooms feature en suite baths with designer finishes. Additional upgrades include Anderson Fiberx windows and a new multi-zone HVAC system. The upper-level entertaining room showcases vaulted ceilings, expansive glass doors, and ocean views, opening to a 600+ sq ft deck—perfect for sunset gatherings above the Pacific.

Mortgage Calculator

Est. Monthly Payment

$27,900

Principal & Interest$22,224
Property Tax$4,395
Insurance$1,282
%($879,000)
%

Investment Score

0D
Est. Monthly Rent
$7,966
Monthly Cashflow

Rent − PITIA

$-19,935
Full Cashflow

Incl. vacancy, PM, maint, capex

$-25,429

Mortgage (P+I)
$22,224
Cap Rate
-0.88%
Cash-on-Cash
-34.72%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.29
Break-even Rent
$40,991

NOI (Annual)
$-38,468
Price-to-Rent

Lower = better for investors

46.0

* 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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