
Carlsbad, California 92008
This Dual-Dwelling Residential Asset is a High-Potential Investment Opportunity, listed at $2,250,000—positioned well above the $2,120,402 Fair Market Value by -6%. Featuring a Mint Condition Rating and a 9,506sf lot, this property offers rare Dual-Dwelling Versatility west of the I-5. With proximity to Top-Rated Schools like Sage Creek High, this turnkey package provides significant rental income potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a multi-generational compound in a prime coastal location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1011 13 Knowles Ave Subject | $2,250,000* List Price | 4 | 4 | 1,872 | $1,156 | - |
A 2537 Davis Avenue Sold | $1,925,000 | 4 | 2 | 2,123 | $907 | 0.1 mi |
B 2677 Jefferson Street Sold | $2,150,000 | 2 | 3 | 1,766 | $1,217 | 0.1 mi |
C 2810 Madison Sold | $1,930,000 | 3 | 3 | 1,603 | $1,204 | 0.3 mi |
D 1665 Sandalwood Lane Sold | $1,670,000 | 3 | 2 | 1,885 | $886 | 0.9 mi |
E 1710 Valley Place Sold | $1,675,000 | 4 | 3 | 1,590 | $1,053 | 0.8 mi |
F 1890 Basswood Avenue Sold | $2,456,000 | 4 | 4 | 2,157 | $1,139 | 0.9 mi |
G 1027 29 Knowles Ave Active | $2,250,000 List Price | 4 | 4 | 1,868 | $1,204 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2011, the property features recent turnkey renovations including new flooring and paint. The interior showcases a modern kitchen with stainless steel appliances and updated bathrooms with contemporary tiling. The overall condition is mint and move-in ready with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9506, living area = 1872.
High School: Sage Creek High School (9/10).
The property features two separate houses on a single lot, providing exceptional flexibility for multi-generational living or high-yield rental income estimated at $10,000 per month.
The two homes share a single water meter, which may create administrative challenges for landlords when allocating utility costs between separate tenants.
Local regulations prohibit short-term rentals in this neighborhood, which may deter investors specifically seeking high-turnover vacation rental opportunities.
Check out this gorgeous turnkey one-story house with spa and 2-car garage west of I-5 in the charming village of Carlsbad - AND get a second 2br house too! Two houses on one lot and walkable to the vibrant dining, shopping, and entertainment of Carlsbad Village! New flooring and paint, fenced yards, and each house has their own laundry on a good-sized 9,506sf lot. This is a high-quality neighborhood loaded with owner-occupied bunglows up and down the wide streets. No short-term rentals allowed either - this is the idyllic paradise you've wanted! Wait until you hear this bonus - the same package is for sale right next door too. You can buy this property with two houses, or buy both properties and get four houses on two lots. Buy one or both properties - your choice! Everyone worries about how their kids will afford a home. Get them started here with two homes on one lot west of the 5! Or how about multi-gen? Senior plus caregiver? Second home plus a rental? There are so many buyers for this 2-on-1 combo! One water meter and two gas and two electric meters too. The two houses would rent for $10,000 total easily. Wow! Comparable sales = 2850 Highland 2-unit teardown closed for $1,925,000 on June 22. On August 3rd, 2537 Davis a 4br house with illegal unit closed for $1,925,000. Just closed is 2677 Jefferson for $2,150,000 on Aug. 10th and it was smaller + busy street. Plus the two legal units in the barrio at 735-737 Pine with $11K/mo income closed in March for $2,492,000. Then consider that 157 Maple is two smaller units with total of 1,432sf and it closed for $2,600,000 in April. For a 4-unit comp, check 3048 Jefferson which is only 2,194sf and closed for $3,850,000 on May 14th. Our four houses total 3,600sf on two 9,000sf lots - and nice!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.0 mi
Grades 6-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 1,872 | 2,315.926 |
| Lot Size | 9,506 | 8,826.162 |
| Price | $2.25M | $1.88M |
| Price per sq ft | $1.2K | $772 |
| Built year | 2011 | 1992 |
| HOA | $0 | $200 |
| Days on market | 39 | 41 |
Aug 1, 2026
$2,250,000
Initial Listing