2537 State St.
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2537 State St.

D

Carlsbad, CA 92008

$1,932,000

Soft Appraisal Value: $1,908,300 · 1.2% above estimate

Beds

3

Baths

3.5

Sqft

2,099

Year Built

2016

Days on Market

46

Property Type

Townhouse

HOA/mo

$350

MLS ID

260009265SD

This property is in Carlsbad (92008). View neighborhood stats →

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About This Property

Modern Coastal Living in Carlsbad. Set within the heart of Carlsbad Village, this three-bedroom residence brings together clean design, functional living, and a coastal setting that speaks for itself. The main living level is open and efficient, with a seamless flow between kitchen, dining, and living spaces. Recently upgraded throughout, the interiors feature new flooring across the home, complemented by thoughtfully redesigned stairs with a custom tile inset. The kitchen has been fully reimagined with all-new cabinetry, updated backsplash, and modern lighting, creating a clean and elevated focal point. A private balcony extends the space outward, offering a natural pause point off the main level. Above, a private rooftop deck creates an additional layer of living—suited for quiet mornings, small gatherings, or simply taking in the coastal air. Designed for ease, the home also includes a fully finished garage with upgraded flooring, in-unit laundry, and fully paid solar, supporting both everyday functionality and long-term efficiency. Positioned just moments from the shops, restaurants, and coastline of Carlsbad Village, this is a more considered approach to low-maintenance coastal living.

Mortgage Calculator

Est. Monthly Payment

$12,615

Principal & Interest$9,769
Property Tax$1,932
Insurance$563
HOA$350
%($386,400)
%

Location

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Investment Score

5D
Est. Monthly Rent
$6,745
Monthly Cashflow

Rent − PITIA

$-5,869
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,031

Mortgage (P+I)
$9,769
Cap Rate
0.46%
Cash-on-Cash
-28.05%
DSCR

Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$18,473

NOI (Annual)
$8,864
Price-to-Rent

Lower = better for investors

23.9

* 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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