3438 Carlsbad Boulevard
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3438 Carlsbad Boulevard

C

Carlsbad, CA 92008

$1,875,000

Soft Appraisal Value: $1,785,900 · 5.0% above estimate

Beds

2

Baths

1.5

Sqft

1,056

Year Built

1978

Days on Market

13

Property Type

Townhouse

HOA/mo

$480

MLS ID

NDP2605739

This property is in Carlsbad (92008). View neighborhood stats →

Virtual Tour

About This Property

Stunning Unobstructed Ocean Views from This End-Unit Townhome! Enjoy breathtaking panoramic ocean views from this beautifully situated 2-bedroom, 1.5-bath end-unit townhome, just steps from beach access and the nearby crosswalk. A rare 2-car garage provides the convenience of secure parking and extra storage—no more searching for a spot after a day at the beach. The lower level features two spacious bedrooms, a full bathroom, an in-unit laundry area, and a private patio perfect for relaxing outdoors. Upstairs, soaring open-beam ceilings create an airy coastal atmosphere, while expansive windows showcase spectacular ocean views. Step onto the front deck and take in the truly priceless, unobstructed panoramic vistas. The upper level also includes a convenient powder room and a third outdoor living space—a private deck off the kitchen, ideal for morning coffee, outdoor dining, or enjoying the ocean breeze. This is coastal living at its finest, combining incredible views, multiple outdoor spaces, and an unbeatable location just moments from the sand.

Mortgage Calculator

Est. Monthly Payment

$12,383

Principal & Interest$9,481
Property Tax$1,875
Insurance$547
HOA$480
%($375,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$4,080
Monthly Cashflow

Rent − PITIA

$-8,303
Full Cashflow

Incl. vacancy, PM, maint, capex

$-10,804

Mortgage (P+I)
$9,481
Cap Rate
-0.85%
Cash-on-Cash
-34.57%
DSCR

Need ≥ 1.25 for DSCR loan

0.33
Break-even Rent
$18,111

NOI (Annual)
$-15,875
Price-to-Rent

Lower = better for investors

38.3

* 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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