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3684 Maria Ln

Ctop 80%

Carlsbad, CA 92008Neighborhood: Olde Carlsbad

$2,250,000

STR closed · outside Carlsbad's Coastal Zone

1 licensed short-term rental within ½ mile (1 whole home), from the cities' license and permit lists of Nov 1, 2026.

Pass at asking: -$11,760/mo full cashflow at 20% down, 7.49% rate.

Works at $725,190 (68% under asking), or at 95% down.

Rent $7,265/mo from 13 leases of 4–6 bed houses within 2 mi ($5,785–$7,917).

Beds

Baths

Sqft

2,960

Year Built

1988

Days on Market

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2608617

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

Virtual Tour

About This Property

First time on the market in over 35 years! ORIGINAL OWNERS! Maria Ln is recognized as one of the best streets in Olde Carlsbad! This architecturally pleasing 5 bedroom/3 bath home in timeless Ezan sits on a private 11,490SF lot at the end of a cul-de-sac with no rear neighbors! Spectacular PANORAMIC OCEAN AND AREA VIEWS! Largest plan in Ezan at nearly 3,000 square feet. A true entertainer's paradise! Long driveway can easily accommodate multiple vehicles. Private swimming pool with solar heat. No HOA, no Mello-Roos. Main level bedroom and bath. Family room with fireplace. Dramatic vaulted ceilings and artful windows (most of which have been replaced). Large main floor laundry room. Gorgeous remodeled kitchen, plantation shutters, ocean view deck. Spacious 3-car garage with tremendous storage. Built-in BBQ. CARLSBAD SCHOOLS - walk to elementary, middle, and high schools! Ezan is located west of El Camino Real at one of the highest elevations in Carlsbad 92008.

Mortgage Calculator

Est. Monthly Payment

$15,480

Principal & Interest$12,574

Property Tax$2,250

Insurance$656

Down Payment

%($450,000)

Interest Rate

Loan Term

Location

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Zoned Schools

Elementary
Magnolia Elementary · grades K-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

5 comps found

This Property

$7,265

Comp Average

$7,207

5285 Milton

5bd / 3.5ba · 2,783 sqft · Single Family

$1.80M

Est. $7,112/mo

2285 Hillyer Street

5bd / 3ba · 2,842 sqft · Single Family

$1.90M

Est. $7,316/mo

3485 Ridgecrest

5bd / 3ba · 2,840 sqft · Single Family

$1.90M

Est. $7,137/mo

3443 Adams St

4bd / 3.5ba · 2,980 sqft · Single Family

$2.20M

Est. $8,017/mo

3480 Charter Oak Road

5bd / 3ba · 2,473 sqft · Single Family

$2.17M

Est. $6,452/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

Est. Monthly Rent

$7,265

13 leases of 4–6 bed houses within 2 mi · $5,785–$7,917

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$8,215

Full Cashflow

Incl. vacancy, PM, maint, capex

-$11,760

What would make this work?

$11,760/mo short at 20% down; 95% down or +$15,273/mo rent closes it.

Break-even price: $725,190
Break-even rent: $22,538/mo
Cashflow at 35% down: −$9,403/mo
Down payment to break even: 95%
Rate to break even: Not reachable

Mortgage (P+I)

$12,574

Cap Rate

0.63%

Cash-on-Cash

-31.36%

DSCR

Need ≥ 1.25 for DSCR loan

0.47

NOI (Annual)

$14,116

Price-to-Rent

Lower = better for investors

25.8

* 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−$11,760/mo