Beachside Bungalow Triplex with Short Term Rental Income & Ocean View Potential. Steps to Carlsbad Village & the Beach Tucked just two blocks from the heart of Carlsbad Village and the ocean, this legacy property is more than real estate, it’s a piece of local history. Offered for the first time in over 50 years, this iconic triplex is deeply rooted in Carlsbad’s surf culture, with hand-painted murals throughout and a lived-in charm that feels like a love letter to the coast. Zoned multifamily on a corner lot with ocean view development potential, this is a rare opportunity for someone with a vision & dreams to own a slice of coastal California few ever get access to. Two of the three units are currently generating STR income (short-term rental), giving you immediate upside while you plan what’s next. Build a legacy compound, townhouses, or more- there are so many possibilities. The structures feel like classic surf shacks—laid-back, artistic, and full of stories. Whether you choose to preserve their nostalgic charm, or develop upward to unlock panoramic ocean views, the canvas is yours. Walk to your morning surf check, grab a coffee in Carlsbad Village, or cruise your beach cruiser to dinner. Properties like this don’t just come on the market—they’re passed down, whispered about, and rarely let go.