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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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3429 37 Madison, Carlsbad – $1,850,000

  • 4 Beds
  • 2 Baths
  • .16 Acres
  • 11 DOM
  • 4 Beds
  • 2 Baths
  • .16 Acres
  • 11 DOM

3429 37 Madison

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.

Essential Information

  • MLS® #260014326SD
  • Price$1,850,000
  • Bedrooms4
  • Bathrooms2.00
  • Acres0.16
  • Year Built1922
  • TypeResidential Income
  • StatusActive

Community Information

  • Address3429 37 Madison
  • Area92008 - Carlsbad
  • SubdivisionCarlsbad West
  • CityCarlsbad
  • CountySan Diego
  • Zip Code92008

Interior

  • CoolingNone
  • # of Stories1
  • StoriesOne

Additional Information

  • Date ListedJune 12th, 2026
  • Days on Market11
  • ZoningR-2:MINOR

Listing Details

  • AgentShannon Dempsey
  • OfficeAllView Real Estate
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Shannon Dempsey, AllView Real Estate.

Based on information from California Regional Multiple Listing Service, Inc. as of June 23rd, 2026 at 4:40am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.