6069 Paseo Monona
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6069 Paseo Monona

Ctop 80%

Carlsbad, CA 92009Neighborhood: Rancho Carrillo

$1,699,000
STR closed · outside Carlsbad's Coastal Zone

0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 14, 2026.

Pass at asking: -$8,765/mo full cashflow at 20% down, 7.36% rate.

Works at $552,196 (67% under asking), or at 95% down.

Rent $5,635/mo from 11 leases of 4-bed houses within 2 mi ($5,196–$6,374).

Beds

4

Baths

2.5

Sqft

2,269

Year Built

2002

Days on Market

45

Property Type

Single Family

HOA/mo

$119

MLS ID

NDP2609042

This property is in Carlsbad (92009). View neighborhood stats →

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About This Property

RARE, INSPIRING, & PRISTINE!! One of the most Significant Transformations of a tract home, This Showpiece (with approx. $200K Renovation) presents a Sophisticated, Eclectic, and Contemporary Signature Statement! Nestled discretely in Rancho Carrillo, the RHYTHMIC & ARTISTIC flow between Art and Nature provide a feeling of Vast Openness seldom found! As you enter, you are drawn in by DISTINCT, DYNAMIC Design Elements...exquisite lighting fixtures (blown glass Sputnik style), cement inspired tile flooring, & floor to ceiling glass and iron doors...leading you to a MAGICAL Outdoor Experience! A Chef's Delight kitchen offers a Wolf range, modern apron sink, quartz countertops, & walk-in pantry. Outdoor dining, with the sunset in full view, provides entertainment pleasure with heaters, lighting, & a fully covered loggia. The elegant primary bedroom overlooks the paradise in the back yard ,& the bathroom boasts of a luxurious standalone soaking tub, floor to ceiling subway tiled walls, & a separate wondrous shower. So much more to see & you are minutes to the ocean, shopping, dining, golf, & resorts! A Must See...UNIQUE HOME!! (Room dimensions approximate. Square footage, lot size, boundaries, # of units in community, and seller statements have not and will not be verified by listing agent/broker. If this, or any other information is important to buyer, buyer is advised to hire qualified professionals to investigate.

Mortgage Calculator

Est. Monthly Payment

$11,687

Principal & Interest$9,374
Property Tax$1,699
Insurance$496
HOA$119
%($339,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Carrillo Elementary · grades K-5 · San Marcos Unified

  • Middle

    San Elijo Middle · grades 6-8 · San Marcos Unified

  • High

    San Marcos High · grades 9-12 · San Marcos Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Short-term not available here. Outside Carlsbad's Coastal Zone, where short-term rentals are not allowed. See the rules

Investment Score

6C
Est. Monthly Rent
$5,635

11 leases of 4-bed houses within 2 mi · $5,196–$6,374

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$6,053
Full Cashflow

Incl. vacancy, PM, maint, capex

-$8,765

What would make this work?

$8,765/mo short at 20% down; 95% down or +$11,383/mo rent closes it.

Break-even price

67% under asking

$552,196
Break-even rent

$11,383/mo above the estimate

$17,018/mo
Cashflow at 35% down
−$7,007/mo
Down payment to break even

$1,614,050 cash

95%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$9,374
Cap Rate
0.63%
Cash-on-Cash
-30.95%
DSCR

Need ≥ 1.25 for DSCR loan

0.48

NOI (Annual)
$10,690
Price-to-Rent

Lower = better for investors

25.1

* Modelled at 20% down, 7.36% 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−$8,765/mo