$2,595,000

737 Pine Ave Carlsbad, CA 92008

North Beach Neighborhood

Estimated payment $16,070/month

6 Beds
4 Baths
2,110 Sq Ft
$1,230 Price per Sq Ft

Highlights

  • Property is near park
  • End Unit
  • Private Yard
  • Carlsbad High School Rated A
  • Corner Lot
  • 4-minute walk to Pine Avenue Community Center and Park

About This Home

COMPLETELY RENOVATED INVESTMENT PROPERTY or FAMILY / MULTI-GENERATIONAL COMPOUND in CARLSBAD west of I-5! Realize the CARLSBAD VILLAGE LIFESTYLE in this PRIME LOCATION two blocks from Carlsbad Village shops and restaurants. WALK to CARLSBAD VILLAGE or CARLSBAD BEACHES! This unique property offers three separate addresses on one parcel. Unit #735: 3 bed / 2 bath. Unit #737: 1 bed / 1 bath with alley access. Unit #3208: 2 bed / 1 bath. This extensive renovation includes new roofs, new electrical with three separate SDG&E globes, new sewer line, new gas line, new kitchens & baths, new laundry in each unit, new flooring, new windows and doors, new lighting, new paint and more! Come see for yourself what this property has to offer!

Listing Agent

John Zimmer

Allison James Estates & Homes Brokerage Email: John@JohnZimmerRealEstate.com License #02030229 Listed on: 02/12/2026

Allison James Estates & Homes

Co-Listing Agent

Greg Allen

Allison James Estates & Homes Brokerage Email: John@JohnZimmerRealEstate.com License #01233185

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,842 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Wood Fence
  • Stucco Fence
  • New Fence
  • Landscaped
  • Corner Lot
  • Rectangular Lot
  • Sprinkler System
  • Private Yard
  • Back and Front Yard

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 2,110 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas and Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Additional Features

  • Rain Gutters
  • Property is near park

Listing and Financial Details

  • Tax Lot 46/15, 16
  • Tax Tract Number 9000
  • Assessor Parcel Number 2040830100
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Recreation

  • Park

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,585
  • Operating Expense $25,145
  • Gross Income $140,400
  • Net Operating Income $112,447

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 4.30
  • Property Attached: Yes
  • View: No
  • Zoning: R-3
  • Property Type: Residential Income
  • Parcel Number: 2040830100
  • Year Built: 1959
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall, End Unit
  • Appliances: Yes
  • Entry Level: 1
  • Price Per Square Foot: 1229.86

Exterior Features

  • Fence: Yes
  • Fencing: New Condition, Stucco Wall, Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: No
  • Laundry: Yes
  • Appliances: Dishwasher, Gas & Electric Range, Refrigerator
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Park

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Landscaped, Lot 6500-9999, Rectangular Lot, Park Nearby, Sprinkler System, Yard
  • Lot Size Sq Ft: 6842.00
  • Lot Size Acres: 0.1571

Multi Family

  • Gross Income: 140400.00
  • Gross Scheduled Income: 140400.00
  • Insurance Expense: 3585.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6842.0000 Square Feet
  • Net Operating Income: 112447.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 2
  • Number With Drapes: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 25145.00
  • Rent Control: No
  • Total Expenses: 25145.00

Tax Info

  • Tax Lot: 46/15, 16
  • Tax Tract Number: 09000

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2026 02/12/26 For Sale $2,595,000 -- $1,230 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2601379

California Regional Multiple Listing Service (CRMLS)
California San Diego County Carlsbad 92008 North Beach

737 Pine Ave, Carlsbad, CA

For Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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John Zimmer
Listing Agent
John Zimmer
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Allison James Estates & Homes
(442) 439-1666