3131 Asto Pl
Ctop 80%Carlsbad, CA 92010Neighborhood: Calavera Hills
0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 7, 2026.
Pass at asking: -$6,036/mo full cashflow at 20% down, 7.43% rate.
Works at $409,242 (66% under asking), or at 93% down.
Rent $4,627/mo from 11 leases of 3-bed condos & townhomes within 2 mi ($4,476–$5,040).
Beds
3
Baths
2.5
Sqft
1,681
Year Built
2017
Days on Market
44
Property Type
Condo
HOA/mo
$420
MLS ID
NDP2608854
This property is in Carlsbad (92010). View neighborhood stats →
About This Property
Welcome to 3131 Asto Place, a beautifully reimagined 3-bedroom, 2.5-bath condominium offering 1,681 square feet of thoughtfully renovated living space in Carlsbad. Completely transformed from top to bottom, this turnkey residence blends fresh, contemporary design with the warmth and comfort of a place that immediately feels like home. Ideally situated on a desirable corner lot, the condominium enjoys a wonderful sense of openness and privacy, along with peaceful canyon views. Its location within the community is equally special, with the pool, gym, park, and BBQ area all just a short walk from your front door. These inviting amenities offer plenty of opportunities to relax, stay active, entertain, and enjoy the Southern California lifestyle. Step inside to discover a bright and welcoming interior where every space has been thoughtfully refreshed. The complete renovation creates a cohesive, modern feel throughout the kitchen, bathrooms, bedrooms, and living areas, while the functional floor plan provides an effortless flow for everyday living and entertaining. Upstairs, high ceilings enhance the natural light and sense of space, creating an airy and inviting atmosphere throughout the upper level. With three spacious bedrooms, two and a half bathrooms, a completely renovated interior, beautiful canyon surroundings, community amenities within walking distance, and the added benefit of low monthly HOA, 3131 Asto Place offers an exceptional opportunity to settle into one of Carlsbad’s welcoming communities. Located within the Carlsbad school district and conveniently close to beaches, shopping, dining, parks, recreation, and easy freeway access for daily commute, this move-in-ready condominium brings together comfort, convenience, and the coastal lifestyle Carlsbad is known for. Beautifully updated and ready for its next chapter, 3131 Asto Place is a place to move in, make your own, and feel at home from day one.
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Est. Monthly Payment
$8,602
Location
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Zoned Schools
Elementary
Hope Elementary · grades K-5 · Carlsbad Unified
Middle
Calavera Hills 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
$4,627
Comp Average
$3,987
3683 Jetty Point
2bd / 2ba · 1,341 sqft · Townhouse
$830K
Est. $3,827/mo
2885 Sanford Ln
3bd / 2.5ba · 1,693 sqft · Townhouse
$935K
Est. $4,298/mo
2980 Ridgefield Avenue
2bd / 2.5ba · 1,435 sqft · Townhouse
$1000K
Est. $3,835/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
11 leases of 3-bed condos & townhomes within 2 mi · $4,476–$5,040
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$6,036/mo short at 20% down; 93% down or +$7,839/mo rent closes it.
- Break-even price
- $409,242
- Break-even rent
- $12,466/mo
- Cashflow at 35% down
- −$4,791/mo
- Down payment to break even
- 93%
- Rate to break even
- Not reachable
66% under asking
$7,839/mo above the estimate
$1,111,350 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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