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Renovated Short-Term Rental Property
New
For Sale
$8,995,000

150 Walnut, Carlsbad, CA 92008

Eight-unit furnished property with two low-rise buildings, courtyard amenities, and permitted vacation-rental operations.

Property SizeContact for details
Days on Market2

Property Features for 150 Walnut

General Information

Standard status Active
Property subtype Commercial

Building Details

Units 8
Listing Agency: Acre Investment Real Estate
Listed By: Craig Stewart · License #01060001
Source: Elliman
Added: Sep 15 Last Checked: Sep 15 at 2:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Acre Investment Real Estate

Investment Insights

Based on property information with market context.

The property comprises two 2-story low-rise buildings with 8 furnished units in total. The South building contains six 2-bedroom units, while the North building includes one 1-bedroom unit and one 3-bedroom unit. Interiors and shared areas have been renovated, and the sale includes furnishings and electronics. A courtyard provides space for outdoor dining, barbecuing, and gathering, with an on-site laundry room equipped with two washers and two dryers.

The property is located at 150 Walnut in Carlsbad, across the street from Carlsbad Beach and within walking distance of dining, shopping, galleries, and entertainment in Carlsbad Village. Current operations are permitted as vacation rentals, with potential for continued short-term use or conversion to furnished apartments and corporate rentals. The rear carport and attached office may support a future 9th unit through an ADU rebuild, subject to applicable approvals.

Key Highlights

  • Permitted vacation‑rental operation with 8 furnished units
  • Two 2‑story low‑rise buildings: six 2‑bedroom, one 1‑bedroom, and one 3‑bedroom unit
  • Renovated interiors and common areas; furnishings and electronics included

Property Analytics

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Current Use

Beach Palms Carlsbad Vacation Rental

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Auto Parts Store Storage Facility Mobile Phone Store Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,132
Businesses Nearby

Demographics for 92008, CA

27,282
Population
13,102
Households
2.1
Avg Household Size
43
Median Age
56%
College-Educated
97%
High-School Grad
10.4 sq mi
ZIP Area
2,623
Density / Sq Mi
$105,371
Median Household Income
$55,965
Median Earnings
$2,343
Median Rent
$1,142,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Eight-unit furnished property with two low-rise buildings, courtyard amenities, and permitted vacation-rental operations.
Where is this short term rental property located?
The property is located at 150 Walnut Carlsbad, CA.
What is the asking price?
The asking price for this property is $8,995,000.
What are key features of this property?
This property features: Permitted vacation‑rental operation with 8 furnished units; Two 2‑story low‑rise buildings: six 2‑bedroom, one 1‑bedroom, and one 3‑bedroom unit; Renovated interiors and common areas; furnishings and electronics included
More about this property
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