2977 Ocean Street
1 / 20

2977 Ocean Street

D

Carlsbad, CA 92008

$9,995,000
NEW — 6d

Beds

Baths

Sqft

Year Built

1958

Days on Market

6

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

260012436SD

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

Virtual Tour

About This Property

Variance granted for alternate property class. Experience unparalleled coastal living, an extraordinary oceanfront property spanning 75 feet of ocean frontage, nestled in the heart of Carlsbad Village. This premier location grants you immediate access to the finest dining, shopping, and coffee shops, making it a hub for a vibrant lifestyle. Positioned directly on one of the most coveted sandy beaches along the coast, this estate offers breathtaking ocean views from nearly every room and direct beach access. The oversized outdoor decks are perfect for hosting extravagant oceanfront events, weddings, and endless entertainment. Approximately 4,564 square feet on a generous 10,473 square-foot lot, this beach compound features six bedrooms, plus two optional bedrooms, and seven full bathrooms. Crafted with a focus on maximizing stunning ocean vistas, the interior boasts a custom kitchen with floor-to-ceiling windows, a spacious living area with a cozy fireplace, multiple courtyards and decks, an outdoor shower, an attached three-car garage, and incredible privacy. Whether you are looking for a coastal compound, investment opportunity, or both, your oceanfront oasis awaits!

Mortgage Calculator

Est. Monthly Payment

$63,450

Principal & Interest$50,540
Property Tax$9,995
Insurance$2,915
%($1,999,000)
%

Location

Loading map...

Comparable Properties

1 comp found

This Property

$5,112

vs

Comp Average

$7,322

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

0D
Est. Monthly Rent
$5,112
Monthly Cashflow

Rent − PITIA

$-58,338
Full Cashflow

Incl. vacancy, PM, maint, capex

$-67,843

Mortgage (P+I)
$50,540
Cap Rate
-2.08%
Cash-on-Cash
-40.73%
DSCR

Need ≥ 1.25 for DSCR loan

0.08
Break-even Rent
$93,220

NOI (Annual)
$-207,635
Price-to-Rent

Lower = better for investors

162.9

* 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.

Get Expert AnalysisOpen Full Calculator