1820 Bienvenida Circle
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1820 Bienvenida Circle

D

Carlsbad, CA 92008

$2,198,000
NEW — 7d

Soft Appraisal Value: $2,153,100 · 2.1% above estimate

Beds

6

Baths

4

Sqft

3,154

Year Built

1971

Days on Market

7

Property Type

Single Family

HOA/mo

N/A

MLS ID

260011684SD

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

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About This Property

First time on the market in 50 years! Fully renovated Olde Carlsbad designer home on Bienvenida Cr cul-de-sac with nearly 10,000 sq ft lot, NO HOA, and walking distance to top-rated Kelly Elementary and Carlsbad schools. The main house offers 5 bed / 3 bath plus yoga room, office, or playroom, with a downstairs primary suite that lives like a single level. The fully permitted ADU has a separate entrance, 1 bed / 1 bath, full kitchen, in-unit laundry, soaring ceilings, and a private yard. The kitchen features custom cabinetry with pull-out shelving, Taj Mahal quartz counters, full-height backsplash, slab to ceiling behind the stove, custom rollout cabinet with countertop, and a mixer/blender garage with outlet. All new appliances: built-in fridge, matching 36" range, dishwasher, built-in ice maker, XL Kraus sink with bridge faucet. Wet bar in the living room with Kraus sink, cup washer, and built-in wine/drink fridge. LVP flooring throughout, dual-pane windows, brand new furnace, dual-zone A/C, new outlets and switches, recessed lighting with halo feature, custom closet systems in all bedrooms, and a wood-burning fireplace with custom tile and mantel. Bathrooms fully redesigned with imported tile, new vanities, custom shower glass, ceiling-mounted shower head in primary, Kohler and Delta plumbing, fixtures, new Kohler toilets, new water lines, valves, and ABS sewer line. Epoxy garage floors with built-in cabinetry throughout. Flagstone pavers, mature landscaping, new fencing, gates, sod, and irrigation. Near lagoon with coastal breezes, Carlsbad Village, & hiking trails. Located in the heart of Olde Carlsbad, Laguna Riviera is one of San Diego's most coveted pockets a quiet, established neighborhood of roughly 54 single-family homes with no HOA and no Mello-Roos. Sitting between El Camino Real and the Agua Hedionda Lagoon, residents enjoy coastal breezes, generous lot sizes, and a true sense of community that newer developments rarely offer. The neighborhood is anchored by Laguna Riviera City Park, a 2.1-acre green space featuring two lighted tennis courts, a full basketball court, horseshoe pits, picnic areas with BBQs, a children's play area, and restrooms essentially a private park at your doorstep. Kelly Elementary School, one of Carlsbad's top-rated schools, sits just steps away, making this a premier location for families within the acclaimed Carlsbad Unified School District. The Agua Hedionda Lagoon is just 0.4 miles away a hub for kayaking, paddleboarding, fishing, and scenic nature trails, all with the coastal breeze rolling in off the water. Carlsbad Village, with its walkable downtown, Michelin-recognized restaurants, craft breweries, boutiques, and local events, is roughly one mile west. Tamarack Beach is 2.2 miles away. Trader Joe's, Vons, and Costco near Palomar Airport cover everyday needs, and the freeway is easily accessible without navigating through congested corridors.

Mortgage Calculator

Est. Monthly Payment

$13,953

Principal & Interest$11,114
Property Tax$2,198
Insurance$641
%($439,600)
%

Location

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Investment Score

7D
Est. Monthly Rent
$7,743
Monthly Cashflow

Rent − PITIA

$-6,210
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,823

Mortgage (P+I)
$11,114
Cap Rate
0.71%
Cash-on-Cash
-26.81%
DSCR

Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$20,500

NOI (Annual)
$15,497
Price-to-Rent

Lower = better for investors

23.7

* 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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