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Carlsbad, CA

$1,795,000

3429 37 Madison, Carlsbad, CA
0
Baths
1922
Built
24
Days listed

About this home

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.

Facts & features

Interior
Bathrooms
0
Cooling
None
Levels
One
Exterior & lot
Lot size
0.159 acres (6,913 sq ft)
Year built
1922
Community
Area
92008 - Carlsbad
County
San Diego
Listing details
Status
Active
Property type
Residential Income
Days on market
24
Listed
2026-06-12
Original price
$1,850,000
Terms
Cash, Conventional
Parcel #
2041720300
MLS #
260014326SD
Listed by
Shannon Dempsey · Allview Real Estate

Price history

Listed
$1,850,000 · 2026-06-12
Price reduced
$1,795,000 (−$55,000)
Days on market
24
Current price
$1,795,000
Financing

Could this home be yours?

Estimated monthly payment
$11,260
$9,076 principal & interest · $2,184 taxes & insurance
$359,000
Estimate only
Loan $1,436,000

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Listing data provided by CRMLS

Listing courtesy of Allview Real Estate. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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