7020 El Fuerte St
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7020 El Fuerte St

Dbottom 20%

Carlsbad, CA 92009Neighborhood: La Costa Ridge

$4,500,000
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 13, 2026.

Pass at asking: -$26,819/mo full cashflow at 20% down, 7.36% rate.

Works at $990,624 (78% under asking); even all cash loses money at asking.

Rent $9,832/mo from 8 leases of 4–6 bed houses within 1 mi ($8,709–$11,488).

Beds

5

Baths

5.5

Sqft

6,108

Year Built

2009

Days on Market

137

Property Type

Single Family

HOA/mo

N/A

MLS ID

260015746SD

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

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About This Property

Custom-built single-level estate in the highly sought-after La Costa Estates. Privately gated and backing to open space, this extraordinary residence offers over 6,100 square feet of impeccably designed living with sweeping views stretching to La Jolla and beyond. Set on an exceptionally private lot with no HOA, the property seamlessly blends timeless craftsmanship, luxury finishes, and effortless indoor-outdoor living. Designed for both grand entertaining and everyday comfort, the open floor plan features five spacious bedrooms, five full baths, and a powder room. A dramatic entry leads to elegant formal living and dining rooms, while the gourmet kitchen showcases stunning jade countertops, a walk-in pantry, and opens to an inviting family room with a full-size wet bar. Architectural details include soaring cathedral-vaulted ceilings with exposed wood beams, gorgeous travertine flooring, hand-carved wood accents, three marble fireplaces, extensive crown molding, and floor-to-ceiling windows that fill the home with natural light. A richly appointed wood-paneled office/media room adds warmth and versatility. The luxurious primary suite offers dual walk-in closets, separate water closets, and a spa-inspired bath. Outside, the resort-style backyard features a sparkling pool and spa, expansive lawns, mature gardens, multiple fruit trees, and a breathtaking natural backdrop that enhances the home's exceptional privacy. Completing the estate is an oversized four-car garage, fully gated grounds, and one of the most coveted locations in La Costa Estates.

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Est. Monthly Payment

$30,640

Principal & Interest$24,828
Property Tax$4,500
Insurance$1,312
%($900,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    La Costa Meadows 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

0D
Est. Monthly Rent
$9,832

8 leases of 4–6 bed houses within 1 mi · $8,709–$11,488

Monthly Cashflow

Rent − PITIA

-$20,808
Full Cashflow

Incl. vacancy, PM, maint, capex

-$26,819

What would make this work?

$26,819/mo short at 20% down; +$34,830/mo rent closes it.

Break-even price

78% under asking

$990,624
Break-even rent

$34,830/mo above the estimate

$44,662/mo
Cashflow at 35% down
−$22,164/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$24,828
Cap Rate
-0.40%
Cash-on-Cash
-35.76%
DSCR

Need ≥ 1.25 for DSCR loan

0.32

NOI (Annual)
-$17,997
Price-to-Rent

Lower = better for investors

38.1

* 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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DCashflow−$26,819/mo