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3143 Madison St, Carlsbad, CA 92008
11
beds
6
baths
· 7060
ft2 lot
$3,300,000
Listing provided courtesy of Cameron Abbott, Compass.
Source CRMLS.
3143 Madison Street offers: 1800sq ft 4bd-2ba, 1670 sq ft 3bd-2ba with private yard, 780 sq ft 2bd-1ba, and 1025 sq ft 2bd-1ba w/ rooftop deck. 4 car garage, parking for up to 9 cars. Communal gathering area, spa, and decks, ensure coveted tranquility to perspective tenants. Property is smart-wired, owned-solar, and very well maintained. Value add options for increased revenue. Also a great option for a large or multigenerational family. A short stroll to toes-in-the-sand and the vibrant Carlsbad Village. 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 o...
HOA
$—/month
On market
3 months
Year built
2004
Property type
Multi-Family
Parking
MLS
210000022
Price / Sq.Ft.
ft2
Status
Active
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Property Details
Interior Features & Layout
Heating & Cooling
•   
Has Heating
•   
Heating Details: Electric, Natural Gas, Forced Air
Appliances
•   
Security Features: Gated Community
Property, Lot, Community & Exterior Features
Building Info
•   
Zoning: R-2-Minor
•   
Roof: Composition
•   
Stories Total: 3
•   
Num Stories: Three Or More
Lot Info
•   
Lot Size Source: Assessor
•   
Lot Size Acres: 0.1600
•   
Lot Size Area: 7060.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 4
Listing Details, Costs & Financing Information
Lease Info
•   
Net Operating Income: 9000.00
Financial Info
•   
Cap Rate: 3.70
•   
Gross Scheduled Income: 159000.00
Tax/Assessment Info
•   
Tax Year: 2020
•   
Taxes: 14135.0
Listing Info
•   
Status: Active
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 2
•   
Unit 3 Actual Rent: 2400.00
•   
Unit 3 Garage Spaces: 0.00
•   
Unit 3 Bathrooms: 1
Unit 2 Information
•   
Unit 2 Actual Rent: 2600.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 0.00
Unit 1 Information
•   
Unit 1 Bedrooms: 3
•   
Unit 1 Garage Spaces: 2.00
•   
Unit 1 Bathrooms: 2
•   
Unit 1 Actual Rent: 4500.00
Unit 4 Information
•   
Unit 4 Actual Rent: 3750.00
•   
Unit 4 Bathrooms: 2
•   
Unit 4 Garage Spaces: 2.00
•   
Unit 4 Bedrooms: 4
Multi Unit Information
•   
Number With Refrigerator: 4
•   
# Of Units: 4
•   
Number With Patio: 4
•   
Number With Dishwasher: 4
•   
Number With Range: 4
School Neighborhood & Directions
Location
•   
Other Subdivision Name: Carlsbad West
•   
Subdivision: Carlsbad West
School Info
•   
Directions: CrossStreet: Oak
Virtual Tour Link
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Other
Calculation
•   
Dom: 23
•   
Cdom: 215
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 19, 2021 1:15am
Neighborhood snapshot
42
Properties for sale
8
Median days on market
$566.33
Median sold price/sqft
100.31%
Sold/List %
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Property History
01/04/2021
01/04/2021
CRMLS #210000022
active
CRMLS #210000022
$3,300,000
+6.45%
06/18/2020
06/18/2020
CRMLS #200028185
active
CRMLS #200028185
$3,100,000
--11.43%
06/22/2019
06/22/2019
CRMLS #190034594
active
CRMLS #190034594
$3,500,000
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