2646 State Street

2646 State Street

D

Unit #d Carlsbad, CA 92008

$1,949,000

Beds

3

Baths

3.5

Sqft

2,330

Year Built

2022

Days on Market

18

Property Type

Townhouse

HOA/mo

$440

MLS ID

NDP2600979

Description

Coastal living or Rental Income Potential in the Heart of Carlsbad Village, Just Three Blocks from the Beach. Enjoy the flexibility to live full-time or part-time, and generate rental income when not in use. No HOA restrictions on rental length. Built in 2022 by award-winning Safdie Rabines Architects, this never-lived-in luxury townhome is ideally positioned on State Street in one of San Diego County’s most sought-after coastal communities. The four-story design offers a private elevator and light-filled interiors across 2,330 square feet. Three bedrooms, each with an ensuite bath and closet. Thermador appliances and quartz countertops. Two private decks with glass railings capture ocean breezes and sunset views. High ceilings and a private, spacious two-car garage. Convenient access to a weekly farmers market, popular surf breaks, boutique shopping, cafes, and Michelin-starred dining at Jeune et Jolie and Lilo right across the street. Never lived in. Move-in ready. Easy to show!

Mortgage Calculator

Est. Monthly Payment

$12,813

Principal & Interest$9,855
Property Tax$1,949
Insurance$568
HOA$440
%($389,800)
%

Investment Score

2D
Est. Monthly Rent

Zillow Rent Zestimate

$7,232
Monthly Cashflow
$-8,868

Mortgage (P+I)
$9,855
Cap Rate
0.61%
Cash-on-Cash
-27.30%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.73
Break-even Rent
$15,521

NOI (Annual)
$11,850
Price-to-Rent

Lower = better for investors

22.5

* Defaults: 20% down, 6.5% rate, 30yr.

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