376 Acacia Drive

376 Acacia Drive

D

Carlsbad, CA 92008

$2,850,000

Beds

Baths

Sqft

1,522

Year Built

1959

Days on Market

47

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

NDP2601531

Description

376-378 Acacia Ave in Carlsbad is a beautifully remodeled duplex just two blocks from the beach and vibrant Carlsbad Village. Each of the two units offers 2 bedrooms and 1 bathroom, with private front and back yards, shared driveway, and garage access. Fully occupied and meticulously maintained, the property reflects true pride of ownership. In addition to its prime location and turnkey condition, this property stands out as a flexible investment with strong current income and significant future development potential. The large lot provides the ideal canvas for value-add opportunities, whether through expanding the existing footprint, constructing detached ADUs, or redeveloping into a multi-unit property to maximize rental income based on R3 zoning. With its close proximity to world-class beaches, restaurants, shopping, and transit, this is a rare opportunity in one of coastal North County’s most desirable neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$18,092

Principal & Interest$14,411
Property Tax$2,850
Insurance$831
%($570,000)
%

Investment Score

0D
Est. Monthly Rent
$5,204
Monthly Cashflow

Rent − PITIA

$-12,888
Full Cashflow

Incl. vacancy, PM, maint, capex

$-16,460

Mortgage (P+I)
$14,411
Cap Rate
-0.86%
Cash-on-Cash
-34.65%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.29
Break-even Rent
$26,581

NOI (Annual)
$-24,587
Price-to-Rent

Lower = better for investors

45.6

* 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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