New Listing
$3,950,000
 $21,204 est/mo Sourced by Back At You

4594 Cove Drive,Carlsbad, CA 92008

Carlsbad, CA 92008

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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.

Details

MLS #NDP2609529
Listing TypeFor Sale
HOA Dues$324
Sub-TypeResale
StatusActive
Year1993
Days On Site6
Listing Provided ByCPM Realty | Greg Gorsuch

Features

SQ Feet4,744
Car PortYes
Story(s)3
Units3
Building(s)1
ZoningR-4:MULTIPLE RESIDENTIAL
Acreage0.13

Interior

CoolingNone
HeatingCentral
Heating Yes / NoYes
Cooling Yes / NoNo
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
Fireplace Yes / NoNo

Exterior

Lot FeaturesZero To One Unit Acre

Parking

Garage Yes / NoNo

Utilities

SewerPublic Sewer

Location

Community FeaturesBiking, Street Lights, Sidewalks

Area Information

StateCA
CountySan Diego
CityCarlsbad
Zip Code92008
Area92008 Carlsbad
Listing VS Median (in 92008)
Price:
$3,950,000
low | high
Med:
$1,650,000
100% of Average
sqft:
4,744
low | high
Med:
1,839
100% of Average
$ / sqft:
$833
low | high
Med:
$897
42.241931154108% of Average
On site:
6
low | high
Med:
35
17.142857142857% of Average
Sourced by Back At You

Market Activity 92008

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Learn More About This Property

StateCA
CountySan Diego
CityCarlsbad
Zip Code92008
Area92008 Carlsbad
Listing VS Median (in 92008)
Price:
$3,950,000
low | high
Med:
$1,650,000
100% of Average
sqft:
4,744
low | high
Med:
1,839
100% of Average
$ / sqft:
$833
low | high
Med:
$897
42.241931154108% of Average
On site:
6
low | high
Med:
35
17.142857142857% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $2.962M - $4.937M
sqft: 3,500 - 5,500
Nearby Listings Property ImageNearby Listings Details
4444 Adams Street Property Photo 1
$3,797,000
4444 Adams Street
Carlsbad, CA 92008
Listing Updated: October 15, 2026 at 5:06:18 PM PDT
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