2005 Costa Del Mar Road
1 / 13

2005 Costa Del Mar Road #606

D

Carlsbad, CA 92009

$810,000
NEW — 1d

Soft Appraisal Value: $796,500 · 1.7% above estimate

Beds

1

Baths

1.5

Sqft

791

Year Built

1970

Days on Market

1

Property Type

Condo

HOA/mo

$580

MLS ID

NDP2605116

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

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About This Property

Rare opportunity to purchase a totally renovated, upgraded & remodeled furnished condo with a bright & open studio layout. Use it as a primary residence, second home, rental or short term rental and enjoy the resort lifestyle. It is located in the highly desirable Cortez Building on the backside facing the community pool with tennis courts of the resort access from the back courtyard gate. (The tennis courts are part of the resort and may or may not allow non-member/guests usage.) Enjoy the peaceful and serene views from your large balcony where it is quiet and calming. These upgrades include Electric window coverings to completelhy darken for a good nights rest and privacy that open completely to let the sun shine in. This 1 BR/1.5 bath condo includes a stacked washer dryer in the unit a walk-in closet and a pantry in the kitchen. The condo has 1 assigned space in the secured common underground parking that is provided for the exclusive use of this condo. The view is the lush & beautifully landscaped Omni La Costa Resort. The resort boasts two 18 hole Golf Courses, a world class Spa, multiple choices of Bars & Restaurants, Shopping, Tennis & Pickleball courts & much more available through the Resort itself. Only 2 miles from the beach and close to Carlsbad, Encinitas and all the coastal area provides. This is a fabulous opportunity for investment and quality of life this unique property provides.

Mortgage Calculator

Est. Monthly Payment

$5,722

Principal & Interest$4,096
Property Tax$810
Insurance$236
HOA$580
%($162,000)
%

Location

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Investment Score

10D
Est. Monthly Rent
$3,058
Monthly Cashflow

Rent − PITIA

$-2,664
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,042

Mortgage (P+I)
$4,096
Cap Rate
0.08%
Cash-on-Cash
-29.94%
DSCR

Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$8,308

NOI (Annual)
$644
Price-to-Rent

Lower = better for investors

22.1

* 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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