4702 Telescope Ave
Dbottom 20%Carlsbad, CA 92008Neighborhood: Olde Carlsbad
8 licensed short-term rentals within ½ mile (8 whole home), from the cities' license and permit lists of Nov 3, 2026.
None of the 67 homes on this home's recorded tract holds a short-term rental permit, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.
Pass at asking: -$29,454/mo full cashflow at 20% down, 7.49% rate.
Works at $931,214 (80% under asking); even all cash loses money at asking.
Rent $9,491/mo from 10 leases of 4–6 bed houses within 2 mi ($8,335–$10,856).
Beds
5
Baths
4.5
Sqft
5,492
Year Built
2001
Days on Market
45
Property Type
Single Family
HOA/mo
$125
MLS ID
260022951SD
This property is in Carlsbad (92008). View neighborhood stats →
About This Property
Rarely does a property offer this combination of scale, views and coastal proximity. Set on nearly three-quarters of an acre in Olde Carlsbad, 4702 Telescope Ave offers 5,492 sqft with sweeping ocean, lagoon, golf course and city views. The five-bedroom, 3.5-bath home features a dramatic 16-foot entry, travertine flooring with marble inlays, multiple fireplaces, a spacious kitchen with large island, expansive windows and generous indoor-outdoor living. Large upper and lower decks take full advantage of the setting, while a private courtyard, fenced yard, primary retreat and three-car garage add to the home's appeal. Thoughtfully upgraded over time and notable for its scale within the neighborhood, this home stands apart for its setting and versatility. Just minutes from Carlsbad beaches, Agua Hedionda Lagoon and Carlsbad Village, with convenient access to Leucadia, Encinitas, The Forum, I-5 and McClellan-Palomar Airport.
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Est. Monthly Payment
$32,805
Location
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Zoned Schools
Elementary
Kelly 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 foundThis Property
$9,491
Comp Average
$9,148
5390 Carlsbad Boulevard
6bd / 6ba · 6,218 sqft · Single Family
$6.18M
Est. $11,434/mo
135 Redwood
6bd / 5.5ba · 4,409 sqft · Single Family
$5.65M
Est. $9,664/mo
2057 Verne View
5bd / 4.5ba · 4,271 sqft · Single Family
$3.75M
Est. $7,986/mo
4421 Highland
4bd / 3.5ba · 3,957 sqft · Single Family
$4.50M
Est. $8,144/mo
1571 Oak Avenue
4bd / 5ba · 4,080 sqft · Single Family
$5.29M
Est. $8,511/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
10 leases of 4–6 bed houses within 2 mi · $8,335–$10,856
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$29,454/mo short at 20% down; +$38,252/mo rent closes it.
- Break-even price
- $931,214
- Break-even rent
- $47,743/mo
- Cashflow at 35% down
- −$24,477/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
80% under asking
$38,252/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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