Browse All Carlsbad CA Multi-Family Properties for Sale

Discover this move-in-ready home in The Terraces at Sunny Creek, a desirable gated community in Carlsbad, featuring a spacious 3-bedroom, 2.5-bathroom main residence plus a private 1-bedroom, 1-bathroom ADU, offering approximately 2,563 square feet of combined living space. The main residence welcomes you with an open dining room and family room highlighted by high ceilings, creating a bright and inviting atmosphere. The kitchen opens to a second living area, providing additional space for everyday living, relaxing, and entertaining. Upstairs, the primary suite features vaulted ceilings and beautiful hillside views, creating a peaceful retreat. Outside, enjoy an expansive backyard offering generous space for outdoor entertaining, gatherings, relaxation, and enjoying Carlsbad's year-round coastal climate. A spacious 3-car garage provides ample room for parking, storage, and added convenience. One of the home's most valuable features is the fully equipped ADU, complete with its own private entrance, full kitchen, living room, spacious bedroom, walk-in closet, and full bathroom. Whether you're looking to accommodate extended family, create a private guest retreat, establish a home office, or generate rental income, this additional living space offers exceptional flexibility. Similar ADUs within the community have rented for approximately $3,000 per month, presenting an opportunity to offset mortgage expenses while enjoying the comfort and privacy of the main home. The Terraces at Sunny Creek offers a welcoming neighborhood atmosphere with amenities including a playground, dog park, RV and boat storage, and community traditions such as Fourth of July parades and summer picnics. Situated within the Carlsbad Unified School District, the location provides convenient access to beautiful beaches, Carlsbad Village, shopping, dining, golf courses, Legoland, and major freeways. Schedule your private showing today!

5572 Foxtail Loop, Carlsbad

$3,950,000

NDP2609529 MLS ⋅ Active Status

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.

4594 Cove Drive, Carlsbad

$2,000,000

NDP2608952 MLS ⋅ Active Status

Rare opportunity to own a turnkey, fully furnished duplex west of I-5 in the heart of Carlsbad Village. Comprehensively renovated in 2024, the property features two furnished residences, both currently leased, situated on an expansive approximately 9,276 SF lot. The property offers a unique combination of immediate income and future flexibility for an owner-user, second home, extended family, business partners, or investment. Designed for indoor-outdoor coastal living, the property features private outdoor spaces and a large landscaped backyard with mature landscaping, garden areas, fire pit, and enclosed entertaining bar. Walk to the beach, restaurants, cafés, shopping, and everything Carlsbad Village has to offer. An exceptional opportunity to own a flexible coastal property in one of North County San Diego's most desirable communities. Investment Highlights ?- Two Fully Furnished Residences | Both Leased Long-Term ?- $105,000 Annual In-Place Rental Income ?- Renovated in 2024 | Updated Electrical & Plumbing ?- 9,276 SF Lot with Expansive Landscaped Backyard ?- Indoor-Outdoor Living | Fire Pit & Entertaining Areas ?- Private Outdoor Spaces & In-Unit Laundry ?- West of I-5 | Walk to Beach, Dining & Carlsbad Village *Property is tenant occupied. Please do not disturb tenants or walk the property.* All showings by appointment only through listing broker. Buyer to independently verify all information including square footage, rents, zoning, permitted uses, development potential and short-term rental regulations.

Carlsbad

$5,000,000

260020577SD MLS ⋅ Active Status

**4 Units, All Units Are 3Bed/2.5Bath 2-Story Townhomes (1,987sf), Incredible North County Location in La Costa (Carlsbad) • Massive Two-Story Units Unlike Anything on the Market • Direct Access 2-Car Garages + Off-Street Parking • Each Unit Has a Private Backyard with Jacuzzi • Prime Location Nearby the Omni La Costa Resort Golf and La Costa Town Square • Separately Metered for Gas, Electric, & Water: Condo Conversion Opportunity • Newer Construction Built in 2005

7565 Romeria St, Carlsbad

$1,390,000

NDP2605737 MLS ⋅ Active Status

WOW...HUGE Price Improvement! Calling all Investors & Developers! West of the 5 in one of North County’s most desirable coastal communities, this property offers an ideal location just blocks from Carlsbad Village, sandy beaches, restaurants, shopping, coffee houses, the train station, and the weekly farmers market. With its prime walkable location and strong upside potential through redesign or rebuild, this is a rare coastal investment opportunity. Bring your ideas & creativity!

3258 Tyler Street, Carlsbad

$1,689,000

260014326SD MLS ⋅ Active Status

Prime coastal development opportunity west of I-5 and just south of Carlsbad Village. Rare R-2 zoned lot spanning approximately 6,913 sqft with alley access, offering strong potential for redevelopment, expansion, or income-producing improvements. Property consists of two detached structures: a 3 bed/1 bath main home (approx. 1,032 sqft) and a 1 bed/1 bath unit (approx. 576 sqft), along with a detached garage with additional storage. Clear upside for renovation or repositioning. Flat, usable lot with favorable layout and access, ideal for maximizing density or reconfiguring for higher returns. Current tenants are on month-to-month agreements, providing flexibility for future development timelines. Highly desirable coastal location just minutes from Carlsbad Village, beaches, dining, and retail. Opportunities like this, with zoning, lot size, and location, are increasingly rare.Tenant-occupied on a month-to-month basis. Built in 1922.

3429 37 Madison, Carlsbad

$4,999,900

260013411SD MLS ⋅ Active Status

Located just two blocks from the beach in the prime Terramar neighborhood of Carlsbad. Capitalize on high rental demand and immediate cash flow with this 2025 multi-family investment, situated steps from the Carlsbad coast. Designed to optimize income, the compound features three distinct revenue generating units led by a luxury 5 bedroom main home, which currently performing successfully as an Airbnb. The main home is complete with high-end architectural finishes, a stylish wet bar, and a rooftop deck with sweeping ocean views highlighted by 10 foot ceilings, a floating LED staircase, seamless indoor-outdoor LaCantina doors, and an ocean view rooftop deck with a hot tub and outdoor kitchen. Two fully occupied residential units round out the portfolio. A detached 3 bedroom, 2 bath ADU with private front and rear yards, alongside a spacious 1 bedroom Jr. ADU with its own outdoor space. With immediate revenue in place and flexible lease structures, this exceptional turn-key asset provides an ideal destination for your next 1031 exchange.

5140 Los Robles Drive, Carlsbad

$9,995,000

260012436SD MLS ⋅ Active Status

Variance granted for alternate property class. Experience unparalleled coastal living, an extraordinary oceanfront property spanning 75 feet of ocean frontage, nestled in the heart of Carlsbad Village. This premier location grants you immediate access to the finest dining, shopping, and coffee shops, making it a hub for a vibrant lifestyle. Positioned directly on one of the most coveted sandy beaches along the coast, this estate offers breathtaking ocean views from nearly every room and direct beach access. The oversized outdoor decks are perfect for hosting extravagant oceanfront events, weddings, and endless entertainment. Approximately 4,564 square feet on a generous 10,473 square-foot lot, this beach compound features six bedrooms, plus two optional bedrooms, and seven full bathrooms. Crafted with a focus on maximizing stunning ocean vistas, the interior boasts a custom kitchen with floor-to-ceiling windows, a spacious living area with a cozy fireplace, multiple courtyards and decks, an outdoor shower, an attached three-car garage, and incredible privacy. Whether you are looking for a coastal compound, investment opportunity, or both, your oceanfront oasis awaits!

2977 Ocean Street, Carlsbad

3056 & 3162 Carlsbad Boulevard, Carlsbad

$6,300,000

PTP2602684 MLS ⋅ Active Status

Relax, Sit Back and Close your eyes. This Southern California Prime Coastal Beachside Property is what developmental dreams are truly made of. 11 Quintessential Carlsbad Beach Rentals on 2 contiguous lots equaling close to a 1/2 acre. With Grand Ocean Views and Located directly across from the Beach on “The Boulevard”. Situated in a prime location in a Mecca City that attracts the lifestyle of the Influential Elitist and all those desiring healthy Coastal Beach Living. This uniquely blended 1 of a kind property stands currently as a passive income investment. Money earned with minimal ongoing effort, just requiring an upfront investment of some time, money, and resources with the future reward of the huge developmental upside. Don’t be shy, go all in and Build Your Dream. Brewery. Bodega. Boutique Hotel. Bistro Restaurant. Mixed use Commercial/Residential. Ask the City and they will tell you all this and more can be possible. This Carlsbad Village Real Estate Holding stands proudly close to the home of world renowned properties including the Beachside Tropical Oasis known as the “Ocean Palms Beach Resort” as well as “Das Carlsbad Mineral Spa” (It’s aquifer water was historically declared "Most Healthful" by California state officials in 1991) plus Legoland California Resort and many more. Also on that local list of allure are Michelin starred Restaurants, the modern French “Jeune et Jolie” and “Restaurant Lilo”. All complimented by some of the best climatic weather and highly rated Sandy Beaches. This Phenomenal Real Estate Acquisition can be your new stepping stone to further your monetary success to the next level and beyond. Inquire further for current financials, site plan layout and pro forma. **Agents and Buyers Note ** Sale includes 2 addresses and 2 separate APN’s. There are 9 “Real Property” rental units and 2 “Space Rentals” with a 5th wheel and a mobile home that are staying. Year built and overall total square footage is an estimate. Built prior to the City of Carlsbads incorporation in 1952. The County of San Diego will be your best property history resource. But the City of Carlsbad is your best source for all future development possibilities. I have City Contacts to pass on to help you with the developmental investigation of this property. Units are older but have been maintained. Combining both lots puts it at the highest and best developmental designation : “The Village and Barrio Master Plan”. Property is Sold “AS IS”. Value is in the land and the beachside location with a gross income close to $18,000 monthly while you design and build. All tenants are month to month with a pro forma upside to rental income. There is One meter for all units including power, gas and water. Owner pays all common use utilities including sewer and trash. Do ALL your due diligence upfront and then come to the table with a smile and your checkbook. No FAFO. No extended lag time given, be ready to close. No LOI’s. No seller JV or seller financing. Call your Banker or your Rich Uncle. Property interior features shown with a negotiable offer backed by superior financials. No Exceptions. See photos that includes rent role and unit descriptions.

3056 & 3162 Carlsbad Boulevard, Carlsbad

$3,725,000

NDP2603352 MLS ⋅ Active Status

****SELLER WANTS THIS SOLD CLOSED IN 2026**** Projected Cap Rate 5.75% - Phenomenal opportunity to own this 7 UNIT multi-family apartment building just 2 blocks to the heart of the Village with options for your favorite cuisine and a few more blocks to the beach. Recently refreshed with new appliances, paint, water heaters, lighting, too much to list. This unique opportunity consists of approximately 785 sqft, and are 5 units @ 2BR/1BA , The larger (985 sqft) 2BR/2BA features a private fenced 40 x 25 yard with an adjacent studio also with separate 40x 25 fenced private yard. Designated parking, common area laundry & private storage. Walk 3 blocks to the heart of the Village and few more to the beach. Improvements from top to bottom.

2652 Jefferson Street, Carlsbad

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Carlsbad Multi-Family Real Estate

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Browse All Carlsbad CA Multi-Family Properties for Sale

Carlsbad Multi-Family Real Estate

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