3143 Madison St

Carlsbad, CA 92008 View Map $3,500,000 Schedule a Showing
Beds11
Baths6
Sq.Ft.7,060
Year2004
Joy Bender

Joy Bender

(760) 212-2717
Ask a Question Schedule a Showing
Status: Active
Listing Office:Compass
Property Type:Res Income 2-4 Units
MLS #:190034594
Sq. Feet:7,060
On Site:123 Days
Lot Size:0.16 Acres
County:San Diego
VRP $3200,000-$3,500,000. A Multi-Unit Offering. Affectionately named after its creator; Village Greene is a boutique crafted labour-of-love. Holding true to Coastal Carlsbad's inviting atmosphere, each of its dwellings have been constructed on three simple principals: Individuality-Quality-Privacy. Offering a 4bd 2ba, single level 3bd 2ba, and two- 2bd 1ba residence. Parking for up to 9 cars, communal gathering areas, spa, and decks, ensure coveted tranquility to perspective tenants. See Supplement...

Village Greene is unique in design by offering residents the truest form of multiple unit living. Actual square footage via professional mapping reflects a total of 6034 square feet. Numerous unit combinations with minor interior wall adjustments make Village Greene not only an attractive investment property, but a viable candidate for a large family compound. For many years, the current owners have enjoyed cost-free occupancy of the front home while realizing net profits from the rental income. Investing buyers will delight in nominal maintenance costs, forecasted appreciation with many surrounding development projects underway, and rental income diversity. Both longterm tenancy and vacation rental income can be assigned concurrently to maximize seasonal opportunities. Appointed as 5 distinct homes, Residences 1 and 5 are easily combined to make 4 total units, inviting attractive residential financing options. Both residence 1 and 4 come with in-unit laundry, and garage parking. Communal areas include bbq and gathering areas, a 2nd level atrium deck, spa, sun deck and grass area. Parking for up to 9 cars within property lines ensure a coveted perk to perspective occupants. Solar panels supply the front house which comes equipped with its own sauna. This property has to be seen to truly appreciate all of its offerings and build quality. The thoughtful construction, layout and execution is second-to-none. Carlsbad Village offers a thriving and diverse selection of entertainment, dining, nightlife and live music. Carlsbad West is also consistently rated as one of the best beach communities in the country and Village Greene is Coastal Carlsbad at its finest.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
8/26/2019$3,650,000$3,500,000-4.1%

Community Information

Address:3143 Madison St Carlsbad, CA 92008
County:San Diego
Area (MLS Code):Coastal North
Subdivision:Carlsbad Village
Zip Code:92008
Community:CARLSBAD WEST

Architecture

Bedrooms: 11
Bathrooms: 6
Year Built:2004
Stories:3
Exterior: Stucco
Total Stories: 3
Unit 1: 3 beds, 2 baths. Rent: $4000
Unit 2: 2 beds, 1 bath. Rent: $2500
Unit 3: 2 beds, 1 bath. Rent: $2200
Unit 4: 4 beds, 2 baths. Rent: $3700
Roof: Composition
Parking for RV: Garage

Features / Amenities

Total Sq. Ft.:7060
Spa: Community/Common
Heat Source: Natural Gas
Water Heater: Solar

Rooms

Dimensions
Master
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Breakfast Area
Dining Room
Kitchen
Living Room
Family Room
Extra Room 1
Extra Room 2
Extra Room 3

Property Features

Lot Size: 0.16 Acres
Lot Dimensions:4,000-7,499 SF
Complex Features: BBQ, Laundry Facilities, Spa/Hot Tub
Fencing: Partial
Zoning:R-2:MINOR

Tax and Financial Info

Gross Sched Income Actual: $12, 400
Gross Sched Income Projected: $14, 600
Annual Expense Actual: $10, 000
Annual Expense Projected: $10, 000
Cap Rate Actual: $4
Cap Rate Projected: $5
Tenant Pays: Water, Gas/Propane
Terms: Cash, Conventional, Seller May Carry

Schools

WALKING AND TRANSPORTATION

0
Wait...
Walk Score ®
0
Wait...
Transit Score ®
0
Wait...
Bike Score ®
Please wait while loading...

Schedule a Showing

GO SEE THIS LISTING
3143 Madison St Carlsbad, CA 92008
 
ASAP
Wed
23
Oct
Thu
24
Oct
Fri
25
Oct
Sat
26
Oct
Sun
27
Oct
Mon
28
Oct
Tue
29
Oct
Choose Your Date -- It's Free, Cancel Anytime
Printable Flyer Get Directions
Listing Information Last Updated 10/22/2019
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further.

All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.

Listing information last updated on 10/22/2019 10:15 PM.