
Carlsbad, California 92009
This property presents a Strong Value Opportunity with a List Price of $450,000—positioned well below the $495,005 Fair Market Value by 9%. This valuation gap offers $45,005 in Instant Equity for buyers willing to execute a cosmetic renovation. Featuring a Fair Condition Rating (4/10), the townhome-style layout includes a private patio, pool access, and no neighbors above or below. This is a high-reward acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking to build equity in a prime Carlsbad location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2376 Altisma Way H Subject 1 bd · 2 ba · 1,060 sqft · $467 | $450,000* List Price | 1 | 2 | 1,060 | $467 | - |
A 7512 Viejo Castilla Way 22 Sold 2 bd · 2 ba · 1,099 sqft · $482 · 0.5 mi | $530,000 | 2 | 2 | 1,099 | $482 | 0.5 mi |
B 2510 Navarra Drive 513 Sold 1 bd · 2 ba · 1,091 sqft · $532 · 0.4 mi | $580,000 | 1 | 2 | 1,091 | $532 | 0.4 mi |
C 2517 Navarra Drive 1b Sold 1 bd · 2 ba · 1,029 sqft · $534 · 0.5 mi | $550,000 | 1 | 2 | 1,029 | $534 | 0.5 mi |
D 2403 La Costa Avenue A Sold 2 bd · 3 ba · 1,350 sqft · $422 · 0.7 mi | $570,000 | 2 | 3 | 1,350 | $422 | 0.7 mi |
E 2352 Altisma Way 9 Active 2 bd · 2 ba · 1,046 sqft · $550 · 0.1 mi | $574,900 List Price | 2 | 2 | 1,046 | $550 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, this 50-year-old property is explicitly listed as a 'cosmetic fixer' needing TLC. While one bathroom has been remodeled, the kitchen and living areas remain dated and require modernization. It avoids a 'poor' rating as it is functional and lacks mentioned structural defects, fitting the criteria for a dated property needing minor repairs.
Positioned as one of the lowest-priced entries into the Carlsbad market, this property offers significant equity-building potential for investors or first-time buyers looking for a value-add opportunity.
The unique floor plan features no neighbors above or below, providing enhanced privacy, abundant natural light from multiple windows, and dual outdoor living spaces including a private patio and a pool-view balcony.
Situated in a highly desirable area, the home is minutes away from luxury amenities like The Omni Resort and The Forum shopping center, with Carlsbad State Beach reachable in just 10-15 minutes.
Identified as a cosmetic fixer needing TLC, the property requires additional capital investment immediately after closing to update finishes and address deferred maintenance.
The monthly HOA fee of $552 is relatively high for a one-bedroom unit, which may impact the overall affordability and monthly budget for price-sensitive buyers.
This is your opportunity to own one of the lowest priced condos in Carlsbad. The property does need TLC, but with this cosmetic fixer, you'll be able to remodel it with your choice of finishes after close of escrow. This property lives like a townhome, with no one above or below you, and plenty of windows letting in the natural light. The first floor features a very spacious bedroom with ensuite remodeled bathroom. Downstairs you'll also find a full sized washer and dryer and a large storage closet. The bedroom opens up to a private enclosed back patio. Upstairs, you'll find an additional bathroom, the kitchen and an open concept dining room/living room combo. Plus, the upstairs has a private balcony overlooking the pool. The HOA recently had the exterior repainted, adding a fresh, bright and clean look to both the complex and the private back patio. The property is just minutes from The Omni, coffee shops, restaurants, shopping at The Forum and more. Carlsbad State Beach is approximately a 10-15 minute drive.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 2.0 | 2.2 |
| Square foot | 1,060 | 1,339.474 |
| Lot Size | - | 70,205.871 |
| Price | $450.0K | $768.7K |
| Price per sq ft | $425 | $614 |
| Built year | 1973 | 1984 |
| HOA | $552.0 | $553 |
| Days on market | 16 | 64 |
Oct 9, 2026
$450,000
Initial Listing
Aug 28, 2003
$260,000
Public Record
Feb 10, 1998
$78,000
Public Record