7113 Santa Barbara Street #106
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7113 Santa Barbara Street #106

Atop 10%

Carlsbad, CA 92011Neighborhood: Poinsettia Shores & Terramar

$449,000
NEW — 0d
STR: check · park rules decide · TOT 10%

2 licensed short-term rentals within ½ mile (2 whole home), from the cities' license and permit lists of Nov 6, 2026.

Pass at asking: -$326/mo full cashflow at 20% down, 7.43% rate.

Works at $406,476 (9% under asking), or at 31% down.

Rent $4,055/mo: zip market median for this bed count.

Beds

3

Baths

2

Sqft

1,440

Year Built

1973

Days on Market

0

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2610045

This property is in Carlsbad (92011). View neighborhood stats →

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About This Property

Walk to the beach and enjoy coastal living in the desirable Lake Shore Gardens community of Carlsbad! Beautifully remodeled, this 3-bedroom home features light flooring throughout, an open-concept layout, stunning gourmet kitchen and designer bathrooms, including a spacious primary suite with a gorgeous walk-in shower. Enjoy a spacious deck and outdoor living area, an extra storage shed, and a covered carport. Completely remodeled inside and out! Located in a beautifully maintained, gated community with manicured lawns, a tranquil pond, and an impressive array of amenities, including a pool, spa, fitness center, and neighborhood events. One of Southern California’s most desirable 55+ coastal communities. Enjoy endless good weather & amazing location just steps from the beach, shopping, and restaurants! Who knew you could live this close to the ocean and enjoy such an affordable coastal lifestyle? A fantastic opportunity to enjoy the best of coastal Carlsbad without the coastal price tag!

Mortgage Calculator

Est. Monthly Payment

$3,074

Principal & Interest$2,494
Property Tax$449
Insurance$131
%($89,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Pacific Rim Elementary · grades K-5 · Carlsbad Unified

  • Middle

    Aviara Oaks Middle · grades 6-8 · Carlsbad Unified

  • High

    Sage Creek High · grades 9-12 · Carlsbad Unified

    or Carlsbad High · grades 9-12 · Carlsbad Unified

    Choice area: the district lets families here pick either school.

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

89A
Est. Monthly Rent
$4,055

Zip market median for this bed count

Thin data: no closed leases like this one nearby.

Monthly Cashflow

Rent − PITIA

+$981
Full Cashflow

Incl. vacancy, PM, maint, capex

-$326

What would make this work?

$326/mo short at 20% down; 31% down or +$424/mo rent closes it.

Break-even price

9% under asking

$406,476
Break-even rent

$424/mo above the estimate

$4,479/mo
Cashflow at 35% down
+$141/mo
Down payment to break even

$139,190 cash

31%
Rate to break even

at 20% down

6.06%

Mortgage (P+I)
$2,494
Cap Rate
6.34%
Cash-on-Cash
-4.36%
DSCR
1.32

NOI (Annual)
$28,451
Price-to-Rent

Lower = better for investors

9.2

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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ACashflow−$326/mo