7221 San Luis
1 / 20

7221 San Luis

A

Carlsbad, CA 92011

$174,999
NEW — 2d

Beds

2

Baths

2

Sqft

1,440

Year Built

1971

Days on Market

2

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

SW26054718

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

About This Property

Seller Financing or Rent to Own Option Available - Inquire for DetailsWhat if you could live just a short walk from the beach in Carlsbad… without paying the $2M+ price tag of nearby coastal homes? Welcome to Lakeshore Gardens, one of Southern California’s most desirable 55+ gated coastal communities, where everyday living feels more like a vacation. This home offers an incredible opportunity to enjoy true coastal lifestyle living with unbeatable walkability. The beach is just a short stroll away, and directly across the street you’ll find convenient shopping and dining including Ralphs, Starbucks, and several local restaurants. Inside the private gated community, residents enjoy an impressive list of resort-style amenities, including:• Scenic lake and walking paths• Resort-style pool and spa• Fully equipped fitness center• Billiards and card rooms• Large clubhouse and social gathering spaces• Fire pits, BBQ areas, and picnic spaces• Beautifully maintained grounds and active community eventsThe home itself has been exceptionally well maintained, with new fencing installed along neighboring borders for added privacy. It offers the flexibility to move in and enjoy immediately or update with your own modern coastal design touches. One of the things residents love about Lakeshore Gardens is the ability to enjoy coastal Carlsbad living at a fraction of the cost of traditional beachside homes. The monthly space rent provides access to the land lease along with the beautifully maintained community grounds and extensive resort-style amenities that make this neighborhood so special. Homes this close to the beach in Carlsbad rarely become available at this price point, especially in a community offering this level of lifestyle, convenience, and amenities. Seller financing may be available. Contact listing agent for details.

Mortgage Calculator

Est. Monthly Payment

$1,111

Principal & Interest$885
Property Tax$175
Insurance$51
%($35,000)
%

Location

Loading map...

Investment Score

83A
Est. Monthly Rent
$1,137
Monthly Cashflow

Rent − PITIA

+$26
Full Cashflow

Incl. vacancy, PM, maint, capex

$-381

Mortgage (P+I)
$885
Cap Rate
3.45%
Cash-on-Cash
-13.07%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$1,632

NOI (Annual)
$6,044
Price-to-Rent

Lower = better for investors

12.8

* 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