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4594 Cove DriveCarlsbad, CA 92008

For Sale

$3,950,000

Smart Buyer Rebate $39,500

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.

Listed by Greg Gorsuch

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License #01710272

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CPM Realty

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Greg@cpmrealty.us

Last updated October 15, 2026

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Source: bridgeMLS #CRNDP2609529

Listing Facts

  • TypeMulti-family
  • NeighborhoodHedionda Point
  • Bedrooms5
  • Days on Prevu17
  • Size4,744 sqft
  • Price per sqft$833

Location

Mortgage Calculator

Listing History

10/14/2026
Listed by CPM Realty
$3,950,000
  1. 10/14/2026$3,950,000
    Listed by CPM Realty

Property Details for 4594 Cove Drive

Exterior

Construction

  • Number Of Units Total: 3
  • Year Built: 1993
  • Exterior Features: Other

Measurements

  • Building Area Total: 4,744
  • Lot Size Acres: 0.13
  • Lot Size Area: 0
  • Lot Size Square Feet: 5,662
  • Lot Size Units: Acres

Financial

Taxes

  • Parcel Number: 2071500400

Interior

Features

  • Appliances: Gas Water Heater

Measurements

  • Living Area: 4,744
  • Living Area Units: Square Feet

Rooms

  • Bedrooms Total: 5

Utilities

Equipment

  • Cooling: No Air Conditioning
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Laundry Closet, Laundry Room
  • Sewer: Public Sewer

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 5 bedrooms in this multi-family home at 4594 Cove Drive.

How does 4594 Cove Drive compare to other multi-family homes in Hedionda Point?

This multi-family home is listed 0% below the average price for multi-family homes in Hedionda Point and has been on the market for 122 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 4,744 sqft.

4594 Cove Drive is a 5-bedroom multi-family home for sale in Carlsbad CA 92008. Available on Prevu for 17 days at $3,950,000. This residence features 4,744 square feet of living space, located in Hedionda Point. The median listing price for multi-family homes in this area is $1,260,000. Explore more multi-family home listings in San Diego County.

Based on information from bridgeMLS 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.