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Donna Phelan

dphelan@showcaseagent.com +1(530) 777-3766

$ 3,950,000

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4594 Cove DR Carlsbad, CA 92008

5,662 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision Bristol Cove

MLS Listing ID NDP2609529

HOA Fees $324/qua

HOA Y/N Yes

Year Built 1993

Lot Size 5,662 Sqft

Property Sub-Type Triplex

Property Description

Exceptional Coastal Carlsbad Investment Opportunity | 4594 Cove Drive Rare opportunity to acquire an exceptional three-residence property in one of Carlsbad's most desirable coastal communities. Offering an impressive 4,744 square feet of combined living space, this distinctive triplex combines the comfort and spaciousness of individual residences with the financial advantages of a premier multifamily investment. Thoughtfully configured with three generously sized residences, the property features two spacious 2-bedroom, 2-bathroom units measuring approximately 1,373 and 1,171 square feet, along with an expansive 3-bedroom, 3.5-bathroom residence offering approximately 2,200 square feet. The larger floor plans provide a level of space and flexibility rarely found in traditional multifamily properties. Currently generating $11,089 in monthly rental income, or $133,068 annually, this property offers an established income stream with the opportunity for long-term appreciation in Carlsbad's highly sought-after real estate market. Ideally situated in a desirable North County San Diego location, residents enjoy convenient access to Carlsbad's beautiful beaches, coastal lifestyle, exceptional dining, shopping, recreational amenities, and major transportation routes. Whether you're a seasoned investor seeking a distinctive addition to your portfolio or a buyer exploring the benefits of a multifamily property with potential owner-occupancy flexibility, 4594 Cove Drive presents a compelling combination of location, generous living spaces, and investment appeal. An exceptional opportunity to own three substantial residences in one of Southern California's most desirable coastal communities. Properties offering this combination of size, established income, and location are a valuable addition to any real estate portfolio.

Location

State CA

County San Diego

Area 92008 - Carlsbad

Zoning R-4:MULTIPLE RESIDENTIAL

Interior

Heating Central

Cooling None

Fireplace No

Appliance Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator

Laundry Laundry Closet, Laundry Room

Exterior

Carport Spaces 8

Pool None

Community Features Biking, Street Lights, Sidewalks

View Y/N No

Total Parking Spaces 8

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 3

Sewer Public Sewer

New Construction No

Others

HOA Name Bristol Cove

Senior Community No

Tax ID 2071500400

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2609529

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Listed by Greg Gorsuch CPM Realty Greg@cpmrealty.us, DRE #01710272

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Donna Phelan

Real Estate Team Lead License ID: 01338574

+1(530) 777-3766

dphelan@showcaseagent.com

1435 Butte House Road, Yuba City, California 95993, USA

Donna Phelan

4594 Cove DR Carlsbad, CA 92008

Key Details

Location

Interior

Exterior

Building

Others

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4594 Cove DR