Preheat the oven to 350°
Spray a 9 x 13” baking dish with cooking spray and evenly sprinkle down a layer of sweetened coconut flakes.
Add a layer of the chopped walnuts on top.
Make the red velvet cake mix according to the directions on the back of the package. Evenly pour the cake mix into the pan covering the coconut flakes and chopped walnuts.
In a small bowl, mix together the softened cream cheese, powdered sugar, melted butter and vanilla extract.
Dollop the cream cheese mixture evenly over the cake batter and using a butter knife, swirl the cream cheese mixture into the cake batter.
Sprinkle the top evenly with the chocolate chips.
Place it onto the center rack of the oven for 40-50 minutes or until the cake is cooked event through.
Let the cake cool slightly, serve warm or room temperature and enjoy!