6971 Ballena Way

6971 Ballena Way #2

D

Carlsbad, CA 92009

$675,000

Soft Appraisal Value: $741,000 · 8.9% below estimate

Beds

2

Baths

2

Sqft

968

Year Built

1993

Days on Market

17

Property Type

Condo

HOA/mo

$468

MLS ID

NDP2602588

Description

Welcome to this upgraded 2-bedroom, 2-bath single-story home in a desirable Carlsbad community. The home features a functional, well-designed floor plan with a spacious living room centered around a fireplace and sliding doors that open to a private patio. The kitchen offers gas cooking, breakfast bar seating, and a dedicated dining nook, creating a practical layout for both everyday living and entertaining. The interior has been thoughtfully improved with meaningful upgrades, including a remodeled kitchen, updated bathrooms, new dual-pane windows and sliding door, and a newer HVAC system, providing both comfort and long-term value. One bedroom includes direct access to the patio, enhancing the indoor-outdoor flow. Additional features include in-unit laundry, one covered parking space plus an additional uncovered space, and a large private storage unit nearby. The community offers a pool, fitness center, clubhouse, and well-maintained grounds. HOA covers water, trash, landscaping, exterior insurance, termite maintenance, and access to all amenities. Conveniently located near shopping, dining, Carlsbad beaches, and world renowned golf, this is a well-maintained, move-in ready home with a thoughtful layout and quality updates throughout.

Mortgage Calculator

Est. Monthly Payment

$4,753

Principal & Interest$3,413
Property Tax$675
Insurance$197
HOA$468
%($135,000)
%

Investment Score

4D
Est. Monthly Rent
$3,487
Monthly Cashflow

Rent − PITIA

$-1,266
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,631

Mortgage (P+I)
$3,413
Cap Rate
1.39%
Cash-on-Cash
-23.38%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.73
Break-even Rent
$6,903

NOI (Annual)
$9,390
Price-to-Rent

Lower = better for investors

16.1

* 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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