
2308 Altisma Way #124
Ctop 80%Carlsbad, CA 92009Neighborhood: Rancho La Costa
0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 4, 2026.
Pass at asking: -$3,114/mo full cashflow at 20% down, 7.49% rate.
Works at $271,274 (60% under asking), or at 87% down.
Rent $3,464/mo from 9 leases of 1–3 bed condos & townhomes within 0.5 mi ($3,138–$3,300).
Beds
2
Baths
2
Sqft
1,225
Year Built
1973
Days on Market
0
Property Type
Condo
HOA/mo
$575
MLS ID
NDP2609991
This property is in Carlsbad (92009). View neighborhood stats →
About This Property
First-floor end unit in La Costa View, a quiet Carlsbad community of just 60 homes. This 2-bedroom, 2-bath condominium has 1,225 square feet and one of the community’s less common floor plans, with a bonus room currently used as an office, with an attached bath. Its closet was removed; adding one could make it a third bedroom, with buyer to verify. Luxury vinyl plank flooring runs through the main living areas and bedrooms, and the windows are dual-pane. The living room centers on a gas fireplace, with floor-to-ceiling windows and sliding doors opening to a private balcony. The kitchen has granite counters and stainless steel appliances and opens to a dining area with its own wall of windows. Both bedrooms have access to a second covered balcony, and the primary suite adds a large walk-in closet and an ensuite bath. A stackable washer and dryer are in the unit and convey with the sale, along with the refrigerator. A reserved covered tandem carport fits two cars. Community amenities include a pool, spa, shared laundry, and tree-lined walkways, and HOA dues cover water, trash, sewer, grounds maintenance, and pest control. Located minutes from Carlsbad beaches, the Omni La Costa and Aviara resorts, golf, shopping, dining, and I-5.
Mortgage Calculator
Est. Monthly Payment
$5,219
Location
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Zoned Schools
Elementary
La Costa Meadows Elementary · grades K-5 · San Marcos Unified
Middle
San Elijo Middle · grades 6-8 · San Marcos Unified
High
San Marcos High · grades 9-12 · San Marcos Unified
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
5 comps foundThis Property
$3,464
Comp Average
$3,424
2535 Navarra Drive
1bd / 2ba · 1,190 sqft · Condo
$574K
Est. $3,391/mo
2304 Altisma Way
2bd / 2ba · 1,225 sqft · Condo
$599K
Est. $3,241/mo
2607 Pirineos Way
2bd / 2ba · 1,400 sqft · Condo
$699K
Est. $3,502/mo
2508 Navarra Drive
2bd / 2.5ba · 1,328 sqft · Condo
$735K
Est. $3,586/mo
3161 Vista Mar
2bd / 2ba · 1,158 sqft · Condo
$725K
Est. $3,399/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Short-term not available here. Outside Carlsbad's Coastal Zone, where short-term rentals are not allowed. See the rules
Investment Score
9 leases of 1–3 bed condos & townhomes within 0.5 mi · $3,138–$3,300
Blended 50/50 with the zip's market median ($3,682)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,114/mo short at 20% down; 87% down or +$4,045/mo rent closes it.
- Break-even price
- $271,274
- Break-even rent
- $7,509/mo
- Cashflow at 35% down
- −$2,407/mo
- Down payment to break even
- 87%
- Rate to break even
- Not reachable
60% under asking
$4,045/mo above the estimate
$587,250 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% 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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