2646 Unicornio Street
Ctop 80%Carlsbad, CA 92009
Pass at asking: -$13,400/mo full cashflow at 20% down, 7.43% rate.
Works at $755,257 (70% under asking), or at 98% down.
Rent $7,533/mo from 8 leases of 4–6 bed houses within 1 mi ($6,587–$7,884).
Beds
5
Baths
4
Sqft
3,494
Year Built
1981
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2610114
This property is in Carlsbad (92009). View neighborhood stats →
About This Property
Showcasing beautiful ocean views, a resort-style pool, and an extraordinary designer transformation, this stunning 5 bedroom, 4 bath La Costa residence embodies elevated Southern California living. Extensively reimagined with a thoughtfully expanded floorplan, sophisticated finishes, and seamless indoor-outdoor spaces, this exceptional home blends modern luxury with effortless coastal elegance. The expansive open-concept design showcases a beautifully redesigned kitchen and family room, featuring custom-style wood shaker cabinetry, elegant Siena quartz countertops, designer tile backsplash, and a statement wet bar ideal for entertaining. Expansive pocket doors create a seamless transition to the outdoors, filling the living spaces with natural light and embracing the home’s resort-inspired setting. Upstairs, two luxurious primary suites offer a rare level of comfort and versatility. The newly added suite features a beautifully appointed private bath, while the second primary retreat boasts a fireplace and private balcony. A wraparound balcony extends to an adjoining bedroom, offering additional space to unwind and enjoy the coastal breeze. Throughout the residence, elevated finishes and architectural details create a cohesive sense of understated luxury. Beautifully redesigned bathrooms feature quartz countertops, designer tilework, and curated fixtures, complemented by updated flooring, fresh interior paint, modern trim, sophisticated hardware, and two fireplaces finished in elegant plaster. Designed for both intimate relaxation and unforgettable entertaining, the private backyard is a true resort-style escape. A sparkling swimming pool anchors the outdoor setting, surrounded by inviting patio spaces, a lush lawn, an outdoor fireplace, and a separate firepit—creating the ultimate backdrop for year-round California living. Complete with solar and no HOA, this exceptional property is ideally situated in one of La Costa’s most desirable neighborhoods, just minutes from the coast, renowned golf courses, highly regarded schools, upscale shopping, and dining. A rare opportunity to experience elevated coastal living in a beautifully reimagined La Costa retreat.
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Est. Monthly Payment
$17,117
Location
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Comparable Properties
5 comps foundThis Property
$7,533
Comp Average
$7,820
3453 Corte Fortuna
5bd / 4.5ba · 3,899 sqft · Single Family
$2.30M
Est. $7,892/mo
7598 Circulo Sequoia
5bd / 3.5ba · 3,743 sqft · Single Family
$2.70M
Est. $8,470/mo
2199 Camino Robledo
5bd / 4.5ba · 3,356 sqft · Single Family
$2.60M
Est. $7,758/mo
7322 Calle Pera
5bd / 5.5ba · 3,822 sqft · Single Family
$2.75M
Est. $8,205/mo
3317 Avenida Anacapa
4bd / 3ba · 3,127 sqft · Single Family
$2.35M
Est. $6,773/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of 4–6 bed houses within 1 mi · $6,587–$7,884
Blended 50/50 with the zip's market median ($7,854)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$13,400/mo short at 20% down; 98% down or +$17,402/mo rent closes it.
- Break-even price
- $755,257
- Break-even rent
- $24,935/mo
- Cashflow at 35% down
- −$10,796/mo
- Down payment to break even
- 98%
- Rate to break even
- Not reachable
70% under asking
$17,402/mo above the estimate
$2,449,902 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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