CnC Realty
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$3,950,000

4594 Cove Drive

Carlsbad, CA 92008

Active

1993

Year Built

San Diego

County

Triplex

Property Type

About this home

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.

Listed by Greg Gorsuch · DRE #01710272 · CPM Realty
MLS #1193078367
ListedOct 14, 2026

Property Details

Architecture

Stories3
StyleN/A
Total Units3
RoofN/A
Garage Spaces0
PoolN/A
SpaN/A

Features & Amenities

Interior FeaturesN/A
Exterior FeaturesN/A
FlooringN/A
CoolingNone
HeatingCentral
FireplaceN/A
LaundryLaundry Closet, Laundry Room
Parking FeaturesN/A
Parking Total8
Patio & PorchN/A
Entry Level2
Entry Location2
Common WallsTwo Common Walls Or More

Property Features

Lot Size0.13 ac
Lot FeaturesZero To One Unit Acre
ViewN/A
DirectionsCove Drive

Community

Area92008 - Carlsbad
School DistrictN/A

Tax & Financial

TermsCash, Conventional, Exchange1031
Land LeaseNo
HOA NameBristol Cove
HOA Fee$324 / Quarterly

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Mortgage Estimate

$21,024/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 3:45 PM

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