965 Home Ave
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965 Home Ave

D

Carlsbad, CA 92008

$2,999,999

Soft Appraisal Value: $2,889,700 · 3.8% above estimate

Beds

3

Baths

3

Sqft

1,656

Year Built

1959

Days on Market

45

Property Type

Single Family

HOA/mo

N/A

MLS ID

260004959SD

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

Virtual Tour

About This Property

Second time on the market in 65 years — now completely reimagined and virtually rebuilt, offering the feel of new construction. Within the past five years the home has undergone a full high-end remodel with luxury finishes and smart home controls throughout. Extensive upgrades include La Cantina folding doors, French oak floors, new windows, solid wood doors, new appliances, owned solar, custom pool and spa, EV chargers, new HVAC, pool bath, LED lighting, new electrical and main panel, new sewer line, whole-home water filtration system, tankless water heater, and more. Located west of the 5, just steps to Carlsbad Village and the beach on a quiet cul de sac. Desert landscaping helps conserve water, owned solar reduces energy costs, and there is no HOA. The open, light-filled floor plan features premium finishes, designer details, and seamless indoor-outdoor living. Outside, enjoy a private custom pool and inviting outdoor spaces that create a true resort-style retreat.

Mortgage Calculator

Est. Monthly Payment

$19,045

Principal & Interest$15,170
Property Tax$3,000
Insurance$875
%($600,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$6,534
Monthly Cashflow

Rent − PITIA

$-12,511
Full Cashflow

Incl. vacancy, PM, maint, capex

$-16,513

Mortgage (P+I)
$15,170
Cap Rate
-0.54%
Cash-on-Cash
-33.03%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.34
Break-even Rent
$27,980

NOI (Annual)
$-16,126
Price-to-Rent

Lower = better for investors

38.3

* 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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