Large home like your own private boutique hotel

$4,999,000
9
7
6,500
sq. ft.
$769
per sq ft
Heated sq ft: 6,500 sq ft
Avg Nightly Rate: $1,800
Home Legally Sleeps: 19
Occupancy Rate: 26 weeks
Annual Gross Income : 200000
Annual Net Operating Income : 160000
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Owner
Seller Financing: No
Niche: Beach, Weddings or Family Reunions
New Construction: Inquire
Days on Vrolio: 173

Property Description

Carlsbad California is located along the Pacific Ocean coastline and is graced with a mild climate year-round, offering an idyllic setting for vacations. The house is located across the street from the beach with panoramic views of the ocean. This large three story house has nine bedrooms totals 6,500 square feet, including an apartment with it's own kitchen. The property includes a larger kitchen, game room, theater room, three living areas and panoramic ocean views! The property is more like a private boutique hotel than a house and has been a short-term vacation rental for the past six years with averages revenue over $200,000 per year.

Presented by:
Owner:
joe cusanelli
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 2200
Low: 1500
Peak: 2200
Special Event: 2200
Avarage: 1800.00
Furniture Age
1
Est Value of Furnishings
$40,000
Peak & High Seasons
June, July, August
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
Retiring out of state
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
200000
Net Operating Income
160000
Stories
3
Additional Indoor Rooms
Attached In Law Suite, Family Room, Game Room, Living Room, Master Suite Down, Multiple Master Suites, Theater/Media room
Appliances
Dishwasher, Dryer, Electric appliances, Full stove, Garbage Disposal, Gas appliances, Microwave, Oven, Refrigerator, Washer
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric), Electric or Gas Firelace
Floor Coverings
Carpet, Laminate Wood, Tile
Security
No
Security Description
Half Baths
1
Master Suite(s)
Inquire
Energy Efficiency
Year built
1986
Outdoor Features
Deck, Fenced/Gated Yard, Private Gated Driveway, Walk Out Balcony
View
Beach, Ocean
Backyard Exposure
East
Lot Size
7405 sqft
Community Features
Bar, Health Spa, Marina, Nature Trails/Walking Path, Ocean Access, Private Golf Course, Public Golf Course, Restaurant(s), Stores, Sundries Shop/Convenience Store, Theater
Tax Amount/Year
$15,000
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Bar, Health Spa, Marina, Nature Trails/Walking Path, Ocean Access, Private Golf Course, Public Golf Course, Restaurant(s), Stores, Sundries Shop/Convenience Store, Theater
Mandatory HOA
Inquire
Home Legally Sleeps:
19
Onsite Parking
Large circular driveway that can fix 8 vehicles
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Municipality Issuing New Permits
Rental Tax Info
$10.00
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
5 Years
Occupancy Rate
26
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Owner
Managed By
Owner
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
Yes, AirBnb profile, Existing database of guests, Professional photos, Professional video, VRBO and/or Homeaway profile
Manager Cancellation Policy
 
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Credit Card Fee
$0.03
Cleaning Fee
$17,500.00
Licesnes & Permits (Annual)
$100.00
Advertising & Tech Costs (Annual)
$2,400.00
Yard & Pest Control (Annual)
$1,800.00
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$8,000.00
Water/Sewer (Annual)
$2,500.00
Cable/Interbet (Annual)
$1,500.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$15,000.00
Homeowner's Insurance (Annual)
$2,800.00
Short Term Rental Insurance Rider (Annual)
$500.00
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
Inquire
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
Closing costs
Home Inspection
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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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