
Carlsbad, California 92008
This property presents a High-Potential Investment Opportunity with a List Price of $500,000—positioned well above the $441,853 Fair Market Value by -13%. Given the Fair Condition Rating and 1975 build date, the property requires significant capital expenditure to modernize systems and finishes. While the location offers proximity to the beach and access to Top-Rated Schools like Sage Creek High, the high monthly HOA fee impacts cash flow. This asset is best suited for Buy-and-Hold Investors or first-time buyers capable of managing long-term renovation costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2360 Hosp Subject | $500,000* List Price | 2 | 1 | 900 | $491 | - |
A 2336 Hosp Way 115 Sold | $489,000 | 2 | 1 | 810 | $604 | - |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 51 years old (built 1975) with no mention of renovations in the listing description. Based on the age-specific criteria, a property over 30 years without updates is categorized as poor, as the kitchen, baths, and major systems (HVAC/Electric) likely require significant rehabilitation.
High School: Sage Creek High School (9/10).
Situated just 10 minutes from Downtown Carlsbad and the beach, this property offers exceptional access to coastal amenities, shopping, and major freeways like the 5 and 78.
The property is served by the highly-regarded Carlsbad Unified School District, with nearby schools such as Sage Creek High and Carlsbad High boasting ratings of 8 and 9.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =262053, other record lot size in square feet = 261830. Living area discrepancy between mls listing and other public or private record. mls listing living area = 900, other record living area = 690. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The monthly HOA fee of $675 is relatively high for a two-bedroom unit, which significantly increases the total monthly carrying cost and impacts overall affordability.
With only one bathroom for a two-bedroom residence and a 1975 build date, the layout may be less convenient for multi-occupant households compared to modern developments.
Two Bedroom one bath condo located in one of the most convenient areas of Carlsbad. Close to grocery, restaurants and shopping. Easy access to the 5 and 78 freeways. 10 minutes from Downtown Carlsbad and the beach!
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 27% |
| Square foot | 900 | 1,390 | 27% |
| Lot Size | 262,053 | 0.91 | 94% |
| Price | $500.0K | $1.10M | 18% |
| Price per sq ft | $556 | $848 | 15% |
| Built year | 1975 | 1981 | 36% |
| HOA | $675.0 | $536 | 76% |
| Days on market | 18 | 123 | 6% |
May 26, 2026
$500,000
Initial Listing
Dec 2, 1997
$34,500
Public Record
Aug 31, 1994
$70,000
Public Record