2537 State Street
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2537 State Street

C

Carlsbad, CA 92008

$1,899,000

Soft Appraisal Value: $1,845,700 · 2.9% above estimate

Beds

3

Baths

3.5

Sqft

2,099

Year Built

2016

Days on Market

12

Property Type

Townhouse

HOA/mo

$350

MLS ID

NDP2605787

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

$12,405

Principal & Interest$9,602
Property Tax$1,899
Insurance$554
HOA$350
%($379,800)
%

Location

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Investment Score

9D
Est. Monthly Rent
$7,582
Monthly Cashflow

Rent − PITIA

$-4,823
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,150

Mortgage (P+I)
$9,602
Cap Rate
0.92%
Cash-on-Cash
-25.75%
DSCR

Need ≥ 1.25 for DSCR loan

0.61
Break-even Rent
$18,166

NOI (Annual)
$17,432
Price-to-Rent

Lower = better for investors

20.9

* 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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