4594 Cove Drive Carlsbad, CA $ 3,950,000
4594 Cove Drive
$ 3,950,000
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4594 Cove Drive

Carlsbad, CA, 92008
$ 3,950,000
Bedrooms-- Baths2.0 Sq 4,744

Monthly Estimate*

$ 27,282

Listed by Greg Gorsuch, CPM Realty, Greg@cpmrealty.us
4594 Cove Drive, Carlsbad, CA 92008 - Image 1
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Multi-Family Home for sale in Carlsbad, CA

for $3,950,000 with 2 full baths. This 4,744 square foot home was built in 1993 on a lot size of 0.13.

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.

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Multi-Family Active

Price

$ 3,950,000

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.13

Year Built

1993

Town/City

Carlsbad

County/Region

San Diego

MLS | Web ID

NDP2609529

Days on Market

1

Features
General
Sewer Public Sewer
Heating Central
Cooling None
Appliances Dishwasher Disposal Gas Range Gas Water Heater Microwave Refrigerator
Zoning R-4:MULTIPLE RESIDENTIAL
HOA Fee 324
Garage Spaces 0
Pool Features None
Year Built 1993
Property Subtype Triplex
Gross Income 0
Community Features Biking Street Lights Sidewalks
Assoc Fee Paid Per Quarterly
County San Diego
Net Operating Income 106232
Operating Expense 26836
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA true
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Cove Drive
City Carlsbad
Association Name Bristol Cove
Entry Location 2
Senior Community Y/N false
Number Of Units Total 3
MLS Area 92008 - Carlsbad
Lot Size Units Acres
Lot Size Square Feet 5662.8
Carport Spaces 8
Carport Y/N true
Number of Units Leased 3
Listing Terms Cash Conventional 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2609529
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 178.10/1
Total Actual Rent 11089
Property Sub Type Additional Triplex
Taxes 0
Cap Rate 2.43
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Interior
Total Stories 3
Common Walls 2+ Common Walls
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Laundry Features Laundry Closet Laundry Room
Entry Level 2
Total Baths 0
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Exterior
Lot Features 0-1 Unit/Acre
Total Parking 8
Lot Size Area 0.13
Number of Buildings 1
Spa false
Building Area Total 4744
Lot Size Acres 0.13
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 4
Number of Separate Gas Meters 3
Number of Separate Electric Meters 4
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* Excluded Features
List By
Greg Gorsuch

Listing Agent

Cpm Realty

Broker

Greg@cpmrealty.us

Email

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$27,282
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Monthly Principal & Interest
$27,282
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/14/2026$3,950,000 Listed Price

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4594 Cove Drive, Carlsbad, CA, 92008 is a Multi-Family Home for sale at $3,950,000 with 4,744 sqft and a lot size of 0.13. 4594 Cove Drive has 2.0 baths and was built in 1993. The property's zip code is 92008 which is in Carlsbad, CA