For Sale Triplex MLS# NDP2609529

4594 Cove Drive

Carlsbad, CA 92008

$3,950,000

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About 4594 Cove Drive

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.

Property details

Property

Type
Triplex
MLS type
Triplex
Status
Active
Year built
1993
Stories
3
Living area
4,744 sqft
Price / sqft
$833
Lot
0.13
Original price
$3,950,000
MLS #
NDP2609529

Interior

Appliances
Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
Heating
Central
Laundry
Laundry Closet, Laundry Room

Exterior & lot

Features
Parking spaces: 8
Construction
3
Lot
R-4:MULTIPLE RESIDENTIAL

Schools

District
Carlsbad Unified School District

Utilities

Utilities
Public Sewer
Sewer
Public Sewer

Financial

HOA
Yes
Parcel
2071500400
Special conditions
Standard

Location

Area
92008 - Carlsbad
County
San Diego
Neighborhood
Hedionda Point
Community
324.0, Quarterly
Directions
Cove Drive

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Listed by Greg Gorsuch, CPM Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.