2885 Woodridge
Atop 10%Carlsbad, CA 92008Neighborhood: Olde Carlsbad
1 licensed short-term rental within ½ mile (1 whole home), from the cities' license and permit lists of Nov 3, 2026.
Pass at asking: -$3,247/mo full cashflow at 20% down, 7.49% rate.
Works at $574,094 (42% under asking), or at 67% down.
Rent $5,984/mo from 16 leases of 3-bed houses within 2 mi ($5,368–$6,975).
Beds
3
Baths
3
Sqft
2,271
Year Built
1982
Days on Market
0
Property Type
Single Family
HOA/mo
$180
MLS ID
IV26235306
This property is in Carlsbad (92008). View neighborhood stats →
About This Property
Rare opportunity to own a home in one of Carlsbad's most desirable neighborhoods at an incredible value! This spacious 3-bedroom, 3-bathroom home features an oversized living and family room, a generously sized kitchen, a wet bar perfect for entertaining, and endless potential! Step outside to an expansive, private backyard featuring a spacious lawn and plenty of room to create your ultimate entertainer's paradise. Nestled in a wonderful community offering a sparkling pool, spa, tennis courts, and beautifully maintained common areas, all just minutes from shopping, dining, entertainment, and Carlsbad's beautiful beaches. An incredible opportunity to customize a home to your taste in a prime coastal location. Don't miss out!
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Est. Monthly Payment
$7,026
Location
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Zoned Schools
Elementary
Buena Vista Elementary · grades PK-5 · Carlsbad Unified
Middle
Valley Middle · grades 6-8 · Carlsbad Unified
High
Sage Creek High · grades 9-12 · Carlsbad Unified
or Carlsbad High · grades 9-12 · Carlsbad Unified
Choice area: the district lets families here pick either school.
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
3 comps foundThis Property
$5,984
Comp Average
$4,121
2299 Lindsay Drive
2bd / 2ba · 1,636 sqft · Manufactured
$600K
Est. $3,191/mo
4608 Driftwood Circle
2bd / 2.5ba · 1,721 sqft · Single Family
$849K
Est. $3,908/mo
1265 Knowles Avenue
4bd / 2ba · 1,644 sqft · Single Family
$1.40M
Est. $5,263/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
16 leases of 3-bed houses within 2 mi · $5,368–$6,975
Blended 50/50 with the zip's market median ($5,856)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,247/mo short at 20% down; 67% down or +$4,217/mo rent closes it.
- Break-even price
- $574,094
- Break-even rent
- $10,201/mo
- Cashflow at 35% down
- −$2,204/mo
- Down payment to break even
- 67%
- Rate to break even
- 0.30%
42% under asking
$4,217/mo above the estimate
$666,650 cash
at 20% down
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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