
2431 La Costa Avenue #B
Ctop 80%Carlsbad, CA 92009Neighborhood: Rancho La Costa
22 licensed short-term rentals within ½ mile (22 whole home), from the cities' license and permit lists of Nov 9, 2026.
Pass at asking: -$3,818/mo full cashflow at 20% down, 7.43% rate.
Works at $301,920 (62% under asking), or at 89% down.
Rent $3,853/mo from 8 leases of 2-bed condos & townhomes within 1 mi, same school area ($3,435–$4,403).
Beds
2
Baths
2.5
Sqft
1,550
Year Built
1976
Days on Market
47
Property Type
Townhouse
HOA/mo
$648
MLS ID
260023383SD
This property is in Carlsbad (92009). View neighborhood stats →
About This Property
Huge Price Drop / Finely Remodeled / Premier Unit / Amazing Value - Views from every window from this light-filled, immaculate, high quality, spacious townhome. Noone above or below. A picturesque backdrop of green fairways, ponds and blue skies over The La Costa Resort & Spa greets you every day. (2) BR+ office (2.5 Bath). 1,550 s/f of open-concept living / dining area with a walk out front balcony with great views. The kitchen features solid wood cabinetry, granite counter tops and brand-new LG Thin-Q range/oven and stainless dishwasher. The kitchen leads to your own quiet and tranquil private rear patio suitable for outdoor dining, and entertaining with freshly installed high-grade turf. The back patio is framed with gorgeous palms, flowering trees and hummingbirds. Quite spacious primary suite that offers high ceilings and peak transom windows that reveal the stars at night. The adjacent sitting area is the ideal place to read a book or watch nature from a distance. Dual-sink quartz vanity top, artisan stone shower/bathtuband luxury fixtures. Solid hardwood, stone and tile throughout - no carpet! Both bedrooms have walk in closets. Additional built-in linen, storage cabinets, and closets throughout. Ground level office/flex room/wine cellar. Large laundry area with enormous countertop and stainless sink. Large Two-car private attached garage. Brand new HVAC in 2018, Hot H20 heater 2022. The home is lightly lived in, smoke & pet free since current owner. Community pool, spa, and grass park. Close to endless shopping options, restaurants, golf and beaches. HUGE PRICE DROP ON PREMIER UNIT - Seller will entertain offers between $749,000-$799,000 (and above). Enjoy premium views from every window and slider door from this light-filled, immaculate, high-quality, spacious townhome. A picturesque backdrop of green fairways, ponds and blue skies over the world famous La Costa Resort & Spa greets you and best unit positioning far back from La Costa Ave. It's extremely quiet! (2) BR + office and (2.5) BA,1,550 s/f of open-concept living / dining area with a walk out front balcony with great views. The kitchen features solid wood cabinetry, granite counter tops and brand-new LG Thin-Q range/oven and stainless dishwasher. The kitchen leads to your own quiet and tranquil private rear patio suitable for outdoor dining, and entertaining with freshly installed high-grade turf plus powder bath, all of which are on the main living level. The back patio is framed with gorgeous palms, flowering trees and hummingbirds. The second level includes a quite spacious primary suite that offers high ceilings and peak transom windows that reveal the stars at night. The adjacent sitting area is the ideal place to read a book or watch nature from a distance. Dual-sink quartz vanity top, artisan stone shower/bathtub with frameless glass enclosure, and luxury fixtures. Solid hardwood, stone and tile throughout - no carpet! Both bedrooms have full ensuite bathrooms plus walk in closets. Additional built-in linen, storage cabinets, and closets throughout. Ground level office/flex room/wine cellar and a large laundry area with enormous countertop and stainless sink. Large Two-car private attached garage. Brand new HVAC in 2018, Hot H20 heater 2022. The home is lightly lived in, smoke and pet free since current owner. Community pool, spa, and grass park. Close to endless shopping options, restaurants, golf and several beaches.
Mortgage Calculator
Est. Monthly Payment
$6,119
Location
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Zoned Schools
Elementary
La Costa Heights Elementary · grades K-6 · Encinitas Union Elementary
Middle
Oak Crest Middle · grades 7-8 · San Dieguito Union High
High
La Costa Canyon High · grades 9-12 · San Dieguito Union High
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
$3,853
Comp Average
$3,770
7302 Alicante Road
2bd / 2ba · 1,533 sqft · Condo
$749K
Est. $3,978/mo
2335 Caringa Way
2bd / 2ba · 1,536 sqft · Condo
$800K
Est. $3,824/mo
2510 Navarra Drive
2bd / 2.5ba · 1,524 sqft · Townhouse
$799K
Est. $3,324/mo
2583 Navarra Drive
2bd / 2.5ba · 1,545 sqft · Townhouse
$899K
Est. $4,038/mo
7525 Jerez Court
2bd / 2.5ba · 1,722 sqft · Townhouse
$850K
Est. $3,686/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
8 leases of 2-bed condos & townhomes within 1 mi, same school area · $3,435–$4,403
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,818/mo short at 20% down; 89% down or +$4,958/mo rent closes it.
- Break-even price
- $301,920
- Break-even rent
- $8,811/mo
- Cashflow at 35% down
- −$2,986/mo
- Down payment to break even
- 89%
- Rate to break even
- Not reachable
62% under asking
$4,958/mo above the estimate
$711,110 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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