$1,450,000
●
House -
Off Market
352 Olive Ave
Carlsbad, CA 92008
3 Beds
2 Baths
1,205 Ft²
$6,605
Est. Monthly
About This Property
Welcome to your perfect investment opportunity in beautiful
Carlsbad, California! This Duplex prime R-3 zoned property offers
endless potential for development just steps away from the
breathtaking Pacific Ocean. Located in one of Carlsbad's most
sought-after coastal neighborhoods, this versatile lot is ideal for
creating multi-unit dwellings, vacation rentals, or your dream
seaside home. Enjoy the relaxed beach lifestyle with stunning ocean
views, easy access to surf and sand, and close proximity to the
vibrant village, dining, and shopping. Don't miss out on this rare
chance to own a property in a high-demand area with incredible
future potential!
Unit Size
1,205 Ft²
Days on Market
101 days
Land Size
0.14 acres
Price per sqft
$1,116
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (CRMLS #240020655SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 9, 2024 | Sold | ||
| Sold | |||
| Oct 24, 2024 | In contract | - | |
| In contract | |||
| Oct 22, 2024 | Price Decreased |
$1,345,000
↓ $605K
(31%) | |
| Price Decreased | |||
| Oct 7, 2024 | Relisted | $1,950,000 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
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Property Highlights
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Carlsbad
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Listed by: Jon Rozansky, KAM Financial Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240020655SD
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240020655SD
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