2842 Luciernaga Street
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2842 Luciernaga Street

Ctop 80%

Carlsbad, CA 92009Neighborhood: Rancho La Costa

$1,099,000
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 3, 2026.

Pass at asking: -$5,712/mo full cashflow at 20% down, 7.49% rate.

Works at $358,409 (67% under asking), or at 95% down.

Rent $4,448/mo from 15 leases of 3-bed condos & townhomes within 2 mi ($4,313–$5,151).

Beds

3

Baths

3

Sqft

1,824

Year Built

1995

Days on Market

45

Property Type

Townhouse

HOA/mo

$660

MLS ID

PTP2607091

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

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About This Property

Light, spacious, and thoughtfully designed, this exceptional La Costa townhome offers the best of Southern California living—with soaring ceilings, abundant natural light, flexible living spaces, and room to enjoy the outdoors. The open-concept main level is the heart of the home, featuring soaring ceilings, a designer kitchen with custom cabinetry, generous storage, and a large center island that makes everyday living and entertaining effortless. The kitchen opens to the inviting living and dining areas, which flow seamlessly onto a spacious balcony—perfect for morning coffee, outdoor dining, or enjoying the coastal breeze. The lower level offers a peaceful retreat with the primary suite and second bedroom and bath, each opening directly to a covered patio and larger outdoor space. With two distinct outdoor areas, there are plenty of opportunities to relax, entertain, garden, or simply enjoy the beautiful Southern California weather. Upstairs, you'll find a full bath and an expansive third-level flex space with its own closet and sunroom area. This space can be configured as a large third bedroom, a second family room, home office, creative studio, playroom, guest space, or private retreat. Thoughtful updates and conveniences include newer interior paint and light fixtures, remodeled bathrooms, central A/C, full-size washer and dryer, a 2-car attached garage, an additional assigned parking space, and abundant guest parking. The HOA includes water, trash, and access to the community pool just steps away (renovated in 2026). Recent community improvements also include an updated roof, and the HOA maintains common area landscaping, pest control, and other exterior maintenance—allowing you to enjoy the home without the upkeep of a single-family property. Ideally situated in La Costa, the home is within walking distance of La Costa Meadows Elementary and just a short drive from shopping, dining, parks, golf, and some of North County’s beautiful beaches. Whether you're looking for a comfortable primary residence, a flexible home for a growing family, or a place to enjoy the coastal lifestyle, this townhome offers space, convenience, and versatility in one of Carlsbad's desirable communities.

Mortgage Calculator

Est. Monthly Payment

$8,221

Principal & Interest$6,141
Property Tax$1,099
Insurance$321
HOA$660
%($219,800)
%
Loan Term

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.

Short-term not available here. Outside Carlsbad's Coastal Zone, where short-term rentals are not allowed. See the rules

Investment Score

7C
Est. Monthly Rent
$4,448

15 leases of 3-bed condos & townhomes within 2 mi · $4,313–$5,151

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$3,773
Full Cashflow

Incl. vacancy, PM, maint, capex

-$5,712

What would make this work?

$5,712/mo short at 20% down; 95% down or +$7,419/mo rent closes it.

Break-even price

67% under asking

$358,409
Break-even rent

$7,419/mo above the estimate

$11,867/mo
Cashflow at 35% down
−$4,561/mo
Down payment to break even

$1,044,050 cash

95%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$6,141
Cap Rate
0.71%
Cash-on-Cash
-31.19%
DSCR

Need ≥ 1.25 for DSCR loan

0.54

NOI (Annual)
$7,818
Price-to-Rent

Lower = better for investors

20.6

* 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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CCashflow−$5,712/mo