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For SaleLuxury

$3,950,000

5,663 sqft$698/sqft25 days on market

4594 Cove Drive

Carlsbad, CA 92008

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

5,663

Square feet

1993

Built

Listing narrative

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.

Listing agent (MLS): Greg Gorsuch · Listing brokerage (MLS): CPM Realty

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$3,950,000

Beds

Beds n/a

Type

Multi-Family

Home Size

5,663 sqft

Baths

Baths n/a

Lot Size

0.13 acres

Year

1993

Status

For Sale

Days on Market

25

$ / Sqft

$698

· 8% down, 7% APR, 30yr fixed
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Courtesy of CPM Realty