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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.
| Address |
5140 Los Robles Drive
Carlsbad, CA 92008 |
| Listing Status | ACTIVE |
| Asking Price | $5,249,900 |
| On Market Date | $5,799,900 @ Jun 2, 2026 |
| Listed / On-Market Entered | Jun 2, 2026 |
| Original Entry | Jun 2, 2026 |
| Square Footage | 4936 sf |
| Bedrooms | 9 |
| Full Bathrooms | 6 |
| Directions | Cross Street: Cannon Drive. |
| Market Area | 92008 - Carlsbad |
| Neighborhood | Terramar |
| Complex | Carlsbad West |
| School District | Not Listed |
| Age Restriction | 0 |
| Property Type | |
| Mello-Roos Fee | $0 |
| HOA Fee | $0 |
| Timeline | Notes |
|---|---|
| Sep 15, 2026 | Price reduced to $5,249,900 #260013367SD |
| Jul 22, 2026 | Price reduced to $5,499,900 #260013367SD |
| Jul 7, 2026 | Price reduced to $5,749,900 #260013367SD |
| Jul 7, 2026 | Price reduced to $5,750,000 #260013367SD |
| Jun 2, 2026 | Listed for $5,799,900 #260013367SD |
| County | San Diego |
| Assessor Parcel# | 2100340600 |
| Geographic Areas | |
| Highway Locator |
West of I-15 West of I-5 South of SR-78 |
| Ocean Distance | 0.1 miles |
| Style | Single Family Residence |
| Material | Not Listed |
| Lot Size | |
| Fencing | Wood,Partial,Wrought Iron |
| Topography | Not Listed |
| Roof | Shingle |
| Entry Steps | 1 |
| Swimming Pool | None |
| Patio | Front Porch, Roof Top |
| Exclusive Yard | 1 |
| Parking |
Other
Driveway
Total Spaces: 6
Garage Spaces: 0
Non-Garage Spaces:
0 -
6.00
|
| View | Ocean, City Lights |
| Year Built | 2025 (source: Builder) |
| Laundry Location | Gas Dryer Hookup,Individual Room,See Remarks |
| Elevator | Not Listed |
| Cooling | Central Air, Zoned |
| Heating | Natural Gas, Electric, See Remarks |
| Fireplaces | Not Listed (0) |
| Additional Parcels | No |
| Appliances | Disposal, Microwave, Refrigerator, Dishwasher |
| Appliances | Yes |
| Assessments | No |
| Association | No |
| Association Fee 2 | 0 |
| Attached Garage | No |
| Below Grade Finished Area | 0 |
| Carport Spaces | 0 |
| Construction Materials | Stucco |
| Cooling | Yes |
| Eating Area | Area |
| Heating | Yes |
| Land Lease | No |
| Laundry | Yes |
| Levels | Two |
| Living Area Source | Assessor |
| Lot Size Source | Assessor |
| Main Level Bathrooms | 0 |
| Main Level Bedrooms | 0 |
| New Construction | No |
| Number Of Units Total | 0 |
| Number Remotes | 0 |
| Parking | Yes |
| Patio | Yes |
| Pool Private | No |
| Property Attached | No |
| Sprinklers | No |
| View | Yes |
| Well Depth | 0 |
| Well Gallons Per Minute | 0 |
| Well Pump Horsepower | 0 |
| Well Report | No |
| Platform | CRMLS |
| AOR | San Diego |
| MLS Number | 260013367SD |
| Courtesy of | Compass |
| Listing Agent | Joseph Arendsen |
https://www.californiatophomes.com/260013367SD