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2510 Navarra Drive #524

Ctop 80%

Carlsbad, CA 92009Neighborhood: Rancho La Costa

$799,000

STR closed · outside Carlsbad's Coastal Zone

0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 9, 2026.

Pass at asking: -$3,958/mo full cashflow at 20% down, 7.43% rate.

Works at $283,604 (65% under asking), or at 92% down.

Rent $3,324/mo from 8 leases of 2-bed condos & townhomes within 0.5 mi, same school area ($3,406–$4,366). Previously leased for $2,395.

Beds

Baths

2.5

Sqft

1,524

Year Built

1974

Days on Market

Property Type

Townhouse

HOA/mo

$381

MLS ID

NDP2606540

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

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About This Property

Amazing opportunity in La Costa overlooking the OMNI - La Costa Resort & Spa golf course.!! With gorgeous Golf Course views! This home has two bedrooms and 2.5 baths with a bedroom on the main floor. This home has been renovated to include kitchen Quartz countertops and massive peninsula with plenty of storage, modern cabinetry and modern features throughout. Community pool, spa, and tennis only steps away. Perfect location, near shopping, dining, and entertainment. Only 4 miles to the beach! Tennis courts above garage. Air conditioned throughout. Very light and bright with vaulted ceilings. Unit comes with reserved parking spot in gated garage. Friendly neighborhood with relaxing atmosphere. This is an as is sale. Corporate Owned.

Mortgage Calculator

Est. Monthly Payment

$5,852

Principal & Interest$4,439

Property Tax$799

Insurance$233

HOA$381

Down Payment

%($159,800)

Interest Rate

Loan Term

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 found

This Property

$3,324

Comp Average

$3,862

7302 Alicante Road

2bd / 2ba · 1,533 sqft · Condo

$749K

Est. $3,978/mo

2431 La Costa Avenue

2bd / 2.5ba · 1,550 sqft · Townhouse

$799K

Est. $3,853/mo

2914 Luciernaga Street C

2bd / 2.5ba · 1,398 sqft · Townhouse

$815K

Est. $3,615/mo

2335 Caringa Way

2bd / 2ba · 1,536 sqft · Condo

$800K

Est. $3,824/mo

2583 Navarra Drive

2bd / 2.5ba · 1,545 sqft · Townhouse

$899K

Est. $4,038/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

20C

Est. Monthly Rent

$3,324

Previously leased for $2,395

8 leases of 2-bed condos & townhomes within 0.5 mi, same school area · $3,406–$4,366

Monthly Cashflow

Rent − PITIA

-$2,528

Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,958

What would make this work?

$3,958/mo short at 20% down; 92% down or +$5,140/mo rent closes it.

Break-even price: $283,604
Break-even rent: $8,464/mo
Cashflow at 35% down: −$3,126/mo
Down payment to break even: 92%
Rate to break even: Not reachable

Mortgage (P+I)

$4,439

Cap Rate

0.97%

Cash-on-Cash

-29.72%

DSCR

Need ≥ 1.25 for DSCR loan

0.57

NOI (Annual)

$7,762

Price-to-Rent

Lower = better for investors

20.0

* 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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CCashflow−$3,958/mo