2005 Costa Del Mar Rd

2005 Costa Del Mar Rd #636

D

Carlsbad, CA 92009

$699,900

Beds

1

Baths

1.5

Sqft

791

Year Built

1970

Days on Market

19

Property Type

Condo

HOA/mo

$580

MLS ID

260006243SD

Description

Welcome to a rare opportunity inside the iconic arches of the Omni La Costa Resort in Carlsbad. This fully furnished one bedroom, one bath top floor condominium offers 791 square feet of well designed living space with no one above. The property can be used as a primary residence, a second home, or a short term vacation rental. It is not part of the resort program so your use is flexible and not limited. Homes in this community are among the few in North County that allow this level of flexibility, creating strong appeal for both homeowners and investors. The open living and dining area leads directly to an expansive view balcony that offers a relaxing outdoor extension of the home. The spacious bedroom includes mirrored closet doors, a generous layout, and direct access to the same balcony. The kitchen provides functional storage and a practical layout suitable for everyday use or visiting guests. Residents enjoy a community pool and spa, common area laundry facilities, and one assigned parking space. The location places you moments from world class golf, tennis, spa facilities, and dining at the Omni La Costa Resort. The beaches of Carlsbad, local shops, Carlsbad Village, and the McClellan Palomar Airport are a short drive away. The property also offers convenient access to major employment centers in San Diego including life science, biotech, healthcare, and technology corridors. This turnkey residence combines resort proximity with coastal living and flexible use options within one of the most desirable areas of North County San Diego. This property can function as a primary residence, a second home, or a short term vacation rental subject to all local rules and regulations. This level of flexible use is uncommon in North County San Diego and is a key reason buyers seek out this specific area of La Costa. The building includes common area laundry facilities and one assigned parking space. Residents and guests have access to a community pool and spa, located within the complex. The property sits adjacent to the Omni La Costa Resort which is known for world class golf, tennis, spa services, dining, and fitness amenities. The location provides quick access to the beaches of Carlsbad which offer swimming, surfing, walking paths, and year round coastal recreation. La Costa Town Square is nearby and provides grocery options, shops, dining, and essential services. Carlsbad Village offers additional restaurants, boutiques, entertainment, and community events. The area supports convenient access to major employment centers throughout San Diego County. Nearby job hubs include the life science, biotechnology, healthcare, education, and technology sectors located in Carlsbad, Encinitas, Vista, San Marcos, Torrey Pines, and Sorrento Valley. McClellan Palomar Airport provides regional and private aviation services which may benefit business travelers and second home owners. Proximity to Interstate 5, Highway 78, El Camino Real, and other commuter routes allows efficient travel throughout North County, the greater San Diego region, Orange County, and Southern California. Buyers considering short term rental use should verify current regulations, permit requirements, and operational guidelines with the City of Carlsbad and any relevant governing bodies. Flexibility of use, subject to verification, provides opportunities for owners who wish to combine personal enjoyment of the property with occasional rental income. This residence offers resort adjacency, coastal access, flexible occupancy potential, and a turnkey furnished interior in one of the most desirable lifestyle corridors of North County San Diego.

Mortgage Calculator

Est. Monthly Payment

$5,023

Principal & Interest$3,539
Property Tax$700
Insurance$204
HOA$580
%($139,980)
%

Investment Score

0D
Est. Monthly Rent
$2,394
Monthly Cashflow

Rent − PITIA

$-2,629
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,763

Mortgage (P+I)
$3,539
Cap Rate
-0.38%
Cash-on-Cash
-32.26%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.48
Break-even Rent
$7,281

NOI (Annual)
$-2,685
Price-to-Rent

Lower = better for investors

24.4

* 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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