
2003 Costa Del Mar Rd #678
Ctop 80%Carlsbad, CA 92009Neighborhood: Rancho La Costa
23 licensed short-term rentals within ½ mile (23 whole home), from the cities' license and permit lists of Nov 11, 2026.
13 short-term rental permits on file in this 48-unit complex, so its HOA has allowed them. Confirm in the CC&Rs: an HOA can ban stays under 30 days (Civ. Code §4741).
The listing remarks say short-term rentals are allowed: “Stylishly updated 2 bedroom, 1.5 bath single-level residence is one of the few Carlsbad condos that allows short-term vacation rentals with no owner-occupanc…” That's the agent's claim, not the city’s rule.
Pass at asking: -$4,243/mo full cashflow at 20% down, 7.43% rate.
Works at $226,546 (71% under asking), or at 99% down.
Rent $2,957/mo from 15 leases of 2-bed condos & townhomes within 1 mi ($2,556–$2,839).
Beds
2
Baths
2
Sqft
791
Year Built
1970
Days on Market
232
Property Type
Condo
HOA/mo
$537
MLS ID
NDP2602751
This property is in Carlsbad (92009). View neighborhood stats →
About This Property
Turnkey Resort Living Investment at Omni La Costa. Stylishly updated 2 bedroom, 1.5 bath single-level residence is one of the few Carlsbad condos that allows short-term vacation rentals with no owner-occupancy restrictions, making it ideal for investors, second-home buyers, or full-time residents who want resort-style living with income potential. The open-concept remodeled kitchen features white shaker cabinetry, white stone countertops, stainless steel appliances, and a bar-height peninsula that flows seamlessly into the living area. Custom cabinetry throughout, vaulted ceilings with recessed lighting, black granite bathroom countertops and ceiling fans. The primary bedroom opens through sliding glass doors to a private balcony with resort views. The unit is sold completely furnished and ready for guests to move-in — the seller's established property manager is available to continue managing the unit for a seamless transition. Secured parking with elevator access, secure building entry, and resident-only pool and BBQ area. Walk to the Omni La Costa Resort's championship golf courses — host of the NCAA Division I Golf Championships through 2028 — world-class spa, tennis and pickleball courts, fine dining, and shopping. Minutes to Carlsbad and Encinitas beaches and the I-5 corridor
Mortgage Calculator
Est. Monthly Payment
$5,871
Location
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Zoned Schools
Elementary
Poinsettia Elementary · grades K-5 · Carlsbad Unified
Middle
Aviara Oaks 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
4 comps foundThis Property
$2,957
Comp Average
$2,877
7512 Viejo Castilla
2bd / 1.5ba · 976 sqft · Condo
$599K
Est. $3,189/mo
7394 Altiva Place
1bd / 1ba · 723 sqft · Condo
$575K
Est. $2,513/mo

2003 Costa Del Mar Rd
1bd / 1.5ba · 791 sqft · Condo
$875K
Est. $2,902/mo
2003 Costa Del Mar Road
1bd / 1.5ba · 791 sqft · Condo
$880K
Est. $2,902/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
15 leases of 2-bed condos & townhomes within 1 mi · $2,556–$2,839
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$4,243/mo short at 20% down; 99% down or +$5,510/mo rent closes it.
- Break-even price
- $226,546
- Break-even rent
- $8,467/mo
- Cashflow at 35% down
- −$3,432/mo
- Down payment to break even
- 99%
- Rate to break even
- Not reachable
71% under asking
$5,510/mo above the estimate
$771,210 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% 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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