3740 Grecourt Way
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3740 Grecourt Way

D

Carlsbad, CA 92008

$2,095,000

Soft Appraisal Value: $2,047,800 · 2.3% above estimate

Beds

4

Baths

3

Sqft

2,144

Year Built

1966

Days on Market

45

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2603296

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

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About This Property

3740 & 3742 Grecourt offers a rare opportunity in Carlsbad, located just moments from the beach, the Village, schools, and local amenities. This permitted rebuilt residence includes a JADU with a separate address (3742), private entrance, and kitchenette. The main home features 3 bedrooms and 3 bathrooms with an open-concept floor plan designed for functional living. The interior has been extensively renovated with updated finishes and fixtures throughout. The attached JADU includes 1 bedroom and 1 bathroom, offering flexibility for extended living, guests, or potential rental use (buyer to verify all rental regulations and permitted uses). The property has been rebuilt down to the studs with a fully permitted expanded floor plan. The home features an open layout with indoor-outdoor flow and updated systems and finishes throughout. Buyer to verify all information, including permits, square footage, and use, prior to close of escrow.

Mortgage Calculator

Est. Monthly Payment

$13,300

Principal & Interest$10,593
Property Tax$2,095
Insurance$611
%($419,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$5,605
Monthly Cashflow

Rent − PITIA

$-7,694
Full Cashflow

Incl. vacancy, PM, maint, capex

$-10,729

Mortgage (P+I)
$10,593
Cap Rate
-0.08%
Cash-on-Cash
-30.73%
DSCR

Need ≥ 1.25 for DSCR loan

0.42
Break-even Rent
$19,539

NOI (Annual)
$-1,632
Price-to-Rent

Lower = better for investors

31.1

* 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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