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Outstanding investment opportunity! West of I-5, Zoned R3, 2-homes on one lot - Quintessential Beach Cottages. Rent both, or live in one and rent the other. Both homes have been significantly remodeled & are move-in ready! Both units have: new roofs, upgraded plumbing & electrical, tankless water heaters, cabinets, LED lighting, fixtures, windows, doors, flooring, appliances, kitchen, bathrooms & landscape. Blocks from Carlsbad Village, Beach, restaurants & freeway. No HOA. Excellent investment opportunity - Location! Location! Location! 2 highly upgraded beach cottages/homes on one lot ready to produce income near Old Carlsbad. The main house (Unit 1) is adjacent to the alley features 3 bedrooms, 2 bathrooms with 908 sqft & a 2-car detached garage. The second home (Unit 2), located on the corner of Walnut and Madison, features 2 bedrooms, 1 bathroom with 625 sqft & a detached carport. Both homes include upgrades such as easy care plank-style flooring throughout, new windows/doors/kitchens/appliances/baths/LED can lighting/tankless water heaters/roofs. There is even indoor laundry space (stackable) in both homes. The main home greets you with a sitting porch and a nice sitting area in the backyard. This home includes a highly upgraded kitchen with quartz counters, stainless appliances, subway tile backsplash, single bowl sink and an island with counter top seating. The bathrooms feature gorgeous fixtures, glass surround showers with fun mosaic tile flooring. Two bedrooms share a Jack and Jill style bathroom. The second home complements the first home with similar finishes, fixtures and upgrades. Located near Carlsbad beaches, restaurants, shopping, freeways and train/coaster. No HOAs or Mello Roos! Seller will entertain offers $1,295,000 - $1,349,000. Neighborhoods: Carlsbad Other Fees: 0 Sewer: Sewer Connected Number of Furnished Units: 0 Topography: LL
Listing agent: Eric Matz DRE #01024385 Eric@EricMatz.com, Listing office: Windermere Homes & Estates
MLS data updated 10/19/2026, 8:30:58 PM PT
Source: CRMLS, MLS #: 170043757
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Nov 27, 2017
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92008 · Oct 2026
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ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
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