
1644 Tamarack Ave
Dbottom 20%Carlsbad, CA 92008Neighborhood: Olde Carlsbad
19 licensed short-term rentals within ½ mile (19 whole home), from the cities' license and permit lists of Nov 1, 2026.
Pass at asking: -$11,334/mo full cashflow at 20% down, 7.49% rate.
Works at $580,648 (72% under asking), or at all cash.
Rent $5,816/mo from 9 leases of 3-bed houses within 2 mi ($5,383–$6,863).
Beds
3
Baths
2.5
Sqft
2,475
Year Built
1986
Days on Market
44
Property Type
Single Family
HOA/mo
N/A
MLS ID
260022650SD
This property is in Carlsbad (92008). View neighborhood stats →
About This Property
Tucked away on an expansive lot in the heart of Olde Carlsbad, 1644 Tamarack Avenue offers a rare blend of privacy, distinctive architecture, and effortless coastal living. Perched above the street and framed by lush, mature trees, the home enjoys a serene setting just minutes from the beach and the vibrant restaurants, boutiques, cafés, and charm of Carlsbad Village. Inside, striking high wood ceilings create warmth, architectural drama, and an impressive sense of volume. The spacious living room is centered around a beautiful fireplace, with French doors opening to the backyard and creating a seamless connection to outdoor living. Sunlight pours into the kitchen through oversized windows, while a door opens to an intimate patio—perfect for morning coffee. The generous primary suite is a retreat unto itself, with a private balcony and expansive bath creating a peaceful escape. Two additional spacious bedrooms provide wonderful accommodations for family or guests, while a dedicated office nook with a built-in desk and bookshelves adds both function and character. Outside, the lush wraparound backyard is designed for Southern California living, with beautiful spaces for al fresco dining, lounging, entertaining, and evenings gathered around the outdoor fireplace. An outdoor shower is ideal for rinsing off sandy feet after the beach, while a two-car garage and space for RV parking add convenience and versatility. Serene and tucked away, yet moments from the coast and Carlsbad Village, this exceptional home captures the very best of Olde Carlsbad living.
Mortgage Calculator
Est. Monthly Payment
$14,104
Location
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Zoned Schools
Elementary
Magnolia Elementary · grades K-5 · Carlsbad Unified
Middle
Valley Middle · grades 6-8 · Carlsbad Unified
High
Sage Creek High · grades 9-12 · Carlsbad Unified
or Carlsbad High · grades 9-12 · Carlsbad Unified
Choice area: the district lets families here pick either school.
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$5,816
Comp Average
$5,664
2353 Summerwind Place
3bd / 3ba · 2,532 sqft · Single Family
$1.63M
Est. $5,352/mo
4208 Park Dr
4bd / 4ba · 2,518 sqft · Single Family
$2.30M
Est. $6,440/mo
1801 Ratcliff Road
3bd / 2ba · 1,885 sqft · Single Family
$1.80M
Est. $5,114/mo
3401 Celinda Dr.
4bd / 3ba · 2,313 sqft · Single Family
$2.10M
Est. $5,971/mo

3495 Ridgecrest Dr.
3bd / 2ba · 1,878 sqft · Single Family
$2.02M
Est. $5,443/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
9 leases of 3-bed houses within 2 mi · $5,383–$6,863
Blended 50/50 with the zip's market median ($5,842)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$11,334/mo short at 20% down; 100% down or +$14,719/mo rent closes it.
- Break-even price
- $580,648
- Break-even rent
- $20,535/mo
- Cashflow at 35% down
- −$9,186/mo
- Down payment to break even
- 100%
- Rate to break even
- Not reachable
72% under asking
$14,719/mo above the estimate
$2,050,000 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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