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.
- Cooling System:
- N/K
- Fence:
- N/K
- Country:
- US
- State:
- CA
- County:
- SD
- City:
- Carlsbad
- Community:
- CARLSBAD WEST
- Zipcode:
- 92008
- Street:
- Madison
- Street Number:
- 3429-37
- Longitude:
- W118° 39' 25.3''
- Latitude:
- N33° 9' 21.2''
- Mls Area Major:
- Coastal North
- Zoning:
- R-2:MINOR
- Office Name:
- AllView Real Estate
- Agent Name:
- Shannon Dempsey
- Construction Materials:
- Other/Remarks
- Levels:
- 1 Story
- Number Of Units Total:
- 2
- On Market Date:
- 2026-06-12
- Stories Total:
- 1
- Virtual Tour:
- https://www.propertypanorama.com/instaview/snd/260008731
- Co List Agent Full Name:
- Godwin Pirga Jr.
- Co List Agent Mls Id:
- 707954
- Co List Office Mls Id:
- 992187
- Co List Office Name:
- AllView Real Estate
- List Agent Mls Id:
- 662479
- List Office Mls Id:
- 992187
- Listing Term:
- Cash,Conventional
- Mls Status:
- ACTIVE
- Modification Timestamp:
- 2026-06-12T22:29:43Z
- Originating System Name:
- SDMLS
- Special Listing Conditions:
- N/K
Residential Income
3429-37 Madison, Carlsbad, CA 92008
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- 260014326
- Price :
- $1,850,000
- Bedrooms :
- 4
- Bathrooms :
- 2
- Year Built :
- 1922
- Status :
- Active
- Full Bathrooms :
- 2
- Property Sub Type :
- Res Income 2-4 Units
- Roof:
- Other/Remarks
