2003 Costa Del Mar Rd
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2003 Costa Del Mar Rd #678

D

Carlsbad, CA 92009

$779,000

Soft Appraisal Value: $763,200 · 2.1% above estimate

Beds

2

Baths

2

Sqft

791

Year Built

1970

Days on Market

51

Property Type

Condo

HOA/mo

$537

MLS ID

NDP2602751

This property is in Carlsbad (92009). View neighborhood stats →

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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

$5,482

Principal & Interest$3,939
Property Tax$779
Insurance$227
HOA$537
%($155,800)
%

Location

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Investment Score

21D
Est. Monthly Rent
$3,353
Monthly Cashflow

Rent − PITIA

$-2,129
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,549

Mortgage (P+I)
$3,939
Cap Rate
0.60%
Cash-on-Cash
-27.34%
DSCR

Need ≥ 1.25 for DSCR loan

0.61
Break-even Rent
$7,963

NOI (Annual)
$4,676
Price-to-Rent

Lower = better for investors

19.4

* 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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