3379 Roosevelt St. Street

3379 Roosevelt St. Street

D

Carlsbad, CA 92008

$3,800,000

Beds

Baths

Sqft

2,551

Year Built

1946

Days on Market

20

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

NDP2602381

Description

Rare Opportunity in the highly desirable Village of Carlsbad. Own a piece of Carlsbad history! This unique property features three separate units on one lot, offering incredible flexibility for investors, multi generational living, or owner-occupants seeking rental income. The property includes a charming 765 sq ft. main house and a 2 story apartment building with 2 units that are 2 bed 1 bath/896 sq ft. Apartment addresses are 3376 Tyler St. Apt A & B Situated on 6539 sq. ft lot, the property is located in a walkable neighborhood just minutes from the ocean, shops, restaurants, and everything the vibrant Village of Carlsbad has to offer. Each unit offers privacy and income potential, making this an exceptional opportunity in a prime coastal location. The property needs some updating and TLC, but with the right vision it could truly shine. Whether you're looking to invest, renovate, or create a coastal compound for extended family, the possibilities are endless.

Mortgage Calculator

Est. Monthly Payment

$24,123

Principal & Interest$19,215
Property Tax$3,800
Insurance$1,108
%($760,000)
%

Investment Score

0D
Est. Monthly Rent
$5,685
Monthly Cashflow

Rent − PITIA

$-18,438
Full Cashflow

Incl. vacancy, PM, maint, capex

$-22,912

Mortgage (P+I)
$19,215
Cap Rate
-1.17%
Cash-on-Cash
-36.18%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.24
Break-even Rent
$35,441

NOI (Annual)
$-44,367
Price-to-Rent

Lower = better for investors

55.7

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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