Adams Street Homes I

3739-3743 Adams Street | Carlsbad | CA | 92008


×

Confidentiality Agreement

Confidentiality agreement sub heading

I have read and agree to the Confidentiality Agreement

Agreement

property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image property galery image

Property Highlights

    • Newly constructed (2024), turnkey coastal asset featuring three distinct residences (main home,junior ADU, and detached ADU) totaling 6 bedrooms, 5 bathrooms, and approximately 3,811square feet of living area
    • Spacious two-story main residence offering a 4-bedroom, 3-bathfloorplan of roughly 2,800square feet with open-concept great room and chef’s kitchen featuring quartz counters, large island, GE Café appliance package, and premium European oak flooring
    • Separate 1-bedroom, 1-bath junior ADU above the garage with its own entrance, ideal for guests, multi-generational living, or supplemental rental income
    • Detached 1-bedroom, 1-bath ADU that can serve as a pool house, guest cottage, office, or additional rental unit, providing exceptional flexibility for future ownership
    • Private drive setting with pool-sized lot and parking for up to seven vehicles, including attached garage and generous driveway parking
    • Modern smart-home features, owned solar, a 12-foot sliding glass door for seamless indoor/outdoor living, and a fully landscaped, private rear yard designed for entertaining

Property Details

  • Price: $ 2,625,000
  • Price Per Unit: $ 875,000.00
  • Units: 3
  • Transaction Type: For Sale
  • Property Type: Multi-Family
  • Building Size: 3,811 SF
  • Lot Size: .29 AC
  • Cap Rate: 4.13%
  • Availability: Sold

Property Description

Adams Street Homes I is a newly constructed (2024), turnkey residential offering in Olde Carlsbad featuring a total of 6 bedrooms, 5 bathrooms, and approximately 3,811 square feet of living area across a main home, attached junior ADU, and detached ADU. The two-story main residence provides a generous 4-bedroom, 3-bath floorplan of roughly 2,800 square feet, designed around an open-concept great room and chef’s kitchen with quartz counters, large island, GE Café appliance package, and premium European oak flooring.

Above the garage, an attached 1-bedroom, 1-bath junior ADU with its own entrance offers an ideal guest suite, multi-generational extension, or income-producing rental, while the detached 1-bedroom, 1-bath ADU can function as a pool house, office, guest cottage, or additional rental unit, giving future ownership exceptional flexibility.

Set on a private drive with pool-sized lots and parking for up to seven vehicles, the property is further enhanced by modern smart-home features, owned solar, indoor/outdoor living via a 12-foot sliding door, and a fully landscaped, private rear yard designed for entertaining. With its thoughtful layout, high-quality finishes, and multiple independent living spaces, this asset is well-suited for an owner-occupant seeking optional rental income or an investor targeting a low-maintenance coastal Carlsbad rental property.

As an investment, Adams Street Homes I offers an attractive blend of income potential, low anticipated capital expenditure, and long-term coastal appreciation. The three separate living spaces (main home, junior ADU, and detached ADU) create multiple income streams and flexible leasing options, from traditional long-term rentals to furnished executive or seasonal offerings, depending on ownership strategy. New construction and modern systems help minimize near-term maintenance costs and support stronger market rents, while the Olde Carlsbad coastal location, walkable to the village and minutes from the beach, underpins consistent tenant demand and low vacancy. The property’s layout also makes it ideal for an owner-user to occupy the main residence while offsetting expenses with income from one or both ADUs, improving overall yield compared to a single-unit coastal residence.

×

Share this property with your friends

Please type comma separated emails if you want to share these properties with multiple people.
×

Download File

×

Download File

×

Download Offering Memorandum

×

3D Tour



Financial Summary

Investment Highlights

Price $2,625,000.00
Price / Unit $875,000.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $2,625,000.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00