1027 Knowles Ave.
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1027 Knowles Ave.

D

Carlsbad, CA 92008

$2,250,000
NEW — 1d

Beds

4

Baths

4

Sqft

1,868

Year Built

2011

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

260010164SD

This property is in Carlsbad (92008). View neighborhood stats →

About This Property

TWO houses on ONE lot west of the freeway! Check out the adorable 2br/1ba 716sf house in front with permitted 2br/3ba 1,152sf handicap-friendly ADU in back. Both houses have new flooring and paint, fenced yards, and laundry. Two-car garage plus RV parking too on this good-sized 9,179sf lot. Wait until you hear this bonus - the same package is for sale right next door too. You can buy this property with two houses, or buy both properties and get FOUR HOUSES ON TWO LOTS. Buy one or both - your choice! Everyone worries about how their kids will afford a home. Get them started here with two homes on one lot west of the 5! Or how about multi-gen? Senior and their caregiver? Second home plus a rental? There are so many buyers for this 2-on-1 combo!

Mortgage Calculator

Est. Monthly Payment

$14,283

Principal & Interest$11,377
Property Tax$2,250
Insurance$656
%($450,000)
%

Location

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Investment Score

3D
Est. Monthly Rent
$6,851
Monthly Cashflow

Rent − PITIA

$-7,432
Full Cashflow

Incl. vacancy, PM, maint, capex

$-10,883

Mortgage (P+I)
$11,377
Cap Rate
0.26%
Cash-on-Cash
-29.02%
DSCR

Need ≥ 1.25 for DSCR loan

0.48
Break-even Rent
$20,985

NOI (Annual)
$5,931
Price-to-Rent

Lower = better for investors

27.4

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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