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5140 Los Robles Dr - Terramar Tides 3 Unit Apartment Building Offered at $6,500,000 at a 4.08% Cap Rate Carlsbad, CA 92008



Investment Highlights
- Rare 2025 Build Coastal North County Asset
- Walking Distance From The Beach
- Coveted Carlsbad-Terramar Location
- Ocean-View Rooftop Deck
Executive Summary
*Do not walk on property or disturb residents. Contact listing agents for more information. OFFERING MEORANDUM linked below.*
Terramar Tides embodies the essence of coastal San Diego living, featuring seamless indoor-outdoor transitions, ocean-view rooftop entertaining areas, and refined modern finishes throughout. The property consists of (1) Five-bedroom, three-bath main house, (1) Detached three-bedroom, two-bath house, and (1) One-bedroom, one-bath unit.
Each home showcases an elevated coastal-modern aesthetic, with abundant natural light, expansive windows, and thoughtful craftsmanship. Residents enjoy a comprehensive amenity package including fire pits, private patios, rooftop deck with ocean views, outdoor bar area, and off-street parking. Ownership benefits from a low-maintenance operational profile featuring solar panels, efficient split A/C systems, and digital keyless access throughout.
Located in the coveted Terramar neighborhood, the property offers a rare combination of privacy, coastal luxury, and accessibility. Residents are just moments from the sand, Carlsbad Village’s boutique dining and retail scene, and world-class surf breaks at Terramar Beach. The neighborhood’s quiet, tree-lined streets and custom homes evoke an exclusive, resort-style atmosphere, while providing proximity to major employers, award-winning schools, and convenient Interstate 5 access.
Terramar Tides embodies the essence of coastal San Diego living, featuring seamless indoor-outdoor transitions, ocean-view rooftop entertaining areas, and refined modern finishes throughout. The property consists of (1) Five-bedroom, three-bath main house, (1) Detached three-bedroom, two-bath house, and (1) One-bedroom, one-bath unit.
Each home showcases an elevated coastal-modern aesthetic, with abundant natural light, expansive windows, and thoughtful craftsmanship. Residents enjoy a comprehensive amenity package including fire pits, private patios, rooftop deck with ocean views, outdoor bar area, and off-street parking. Ownership benefits from a low-maintenance operational profile featuring solar panels, efficient split A/C systems, and digital keyless access throughout.
Located in the coveted Terramar neighborhood, the property offers a rare combination of privacy, coastal luxury, and accessibility. Residents are just moments from the sand, Carlsbad Village’s boutique dining and retail scene, and world-class surf breaks at Terramar Beach. The neighborhood’s quiet, tree-lined streets and custom homes evoke an exclusive, resort-style atmosphere, while providing proximity to major employers, award-winning schools, and convenient Interstate 5 access.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Pro Forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Fireplace
- Storage Space
- Washer/Dryer
- Double Vanities
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Yard
- Grill
- Breakfast Nook
- Deck
- Dining Room
- Double Pane Windows
- Family Room
- Island Kitchen
- Pantry
- Patio
- Skylights
- Floor to Ceiling Windows
Site Amenities
- Laundry Facilities
- Sauna
- Spa
- Furnished Units Available
- Grill
- Gas Range
- Wi-Fi
- Storage Space
- Lounge
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 5+3 | 1 | - | 3,276 |
| 3+2 | 1 | - | 1,200 |
| 1+1 | 1 | - | 460 |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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5140 Los Robles Dr - Terramar Tides
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