
1644 Tamarack Ave
Ctop 80%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 14, 2026.
Pass at asking: -$10,763/mo full cashflow at 20% down, 7.36% rate.
Works at $590,668 (70% under asking), or at 99% down.
Rent $5,862/mo from 10 leases of 3-bed houses within 2 mi ($5,441–$7,199).
Beds
3
Baths
3
Sqft
2,475
Year Built
1986
Days on Market
1
Property Type
Single Family
HOA/mo
N/A
MLS ID
260027020SD
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, cafes, 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
$13,611
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
$5,862
Comp Average
$6,169
1795 Mccauley Ln
3bd / 2ba · 1,873 sqft · Single Family
$1.70M
Est. $6,106/mo
2353 Summerwind Place
3bd / 3ba · 2,532 sqft · Single Family
$1.60M
Est. $5,415/mo
4208 Park Dr
4bd / 4ba · 2,518 sqft · Single Family
$2.30M
Est. $6,687/mo
240 Pacific
3bd / 2ba · 2,402 sqft · Single Family
$3.00M
Est. $6,411/mo
2640 Highland
4bd / 3ba · 2,369 sqft · Single Family
$3.10M
Est. $6,227/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
10 leases of 3-bed houses within 2 mi · $5,441–$7,199
Blended 50/50 with the zip's market median ($5,914)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$10,763/mo short at 20% down; 99% down or +$13,978/mo rent closes it.
- Break-even price
- $590,668
- Break-even rent
- $19,840/mo
- Cashflow at 35% down
- −$8,695/mo
- Down payment to break even
- 99%
- Rate to break even
- Not reachable
70% under asking
$13,978/mo above the estimate
$1,979,010 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% 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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