1076 Gardena Rd

4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This Coastal North County 4-Unit Property has it all! Offering large units, ocean views, 20% upside in rent, four (4) garages, extra off-street parking (8 spots), private yards/patios, and potential for three (3) ADU’s; this property allows an investor the opportunity to utilize attractive residential financing and add value in one of San Diego’s most sought after coastal markets. The property consists of four (4) 2Bedroom / 1Bathroom Units averaging 816sf on a large 12,353sf lot. Located...This Coastal North County 4-Unit Property has it all! Offering large units, ocean views, 20% upside in rent, four (4) garages, extra off-street parking (8 spots), private yards/patios, and potential for three (3) ADU’s; this property allows an investor the opportunity to utilize attractive residential financing and add value in one of San Diego’s most sought after coastal markets. The property consists of four (4) 2Bedroom / 1Bathroom Units averaging 816sf on a large 12,353sf lot. Located off I-5 and Santa Fe Dr, tenants are walking distance to San Dieguito High School and just down the street from the Self-Realization Fellowship Gardens. This well-maintained and pride of ownership asset is truly a one of a kind opportunity for the coastal value-add investor.
  1. Listed by Angelo La Bruna • DRE #01991625 • Brokerage DRE #01352336 • Apartment Realty Group (ARG)

Property Details for 1076 Gardena Road

Zoning
R11
Cross Streets
Gardena Rd & Santa Fe Dr
Area
Encinitas (ENCS)
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly
Assessor Parcel Number
258-272-21-00
LISTING CLOSED: 09/09/2024 12:00 AM

Property Details for 1076 Gardena Road

StatusSold
MLS #240016480SD
Days on Market37
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1965
Lot Size-
CountySan Diego County

Location

Listing Courtesy of Apartment Realty Group (ARG), Angelo La Bruna, DRE #01991625

Sold By Apartment Realty Group (ARG), Angelo La Bruna, DRE #01991625

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Building Information for 1076 Gardena Road

Stories2Residences-Year Built1965Building Size-Lot Size-

Payment Calculator

$12,707 per month

30 year fixed, 6.55% Interest

Principal and Interest

$12,707

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1076 Gardena Road

Community / Development
Community / Development
  • Complex Name: None
  • Number Of Units: 4
  • Builders Tract Name: Encinitas
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 2
  • View: No
  • Security Features: None
Contract Info
Contract Info
  • Financing: Cash
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $80,843.00
  • Gross Scheduled Income: $140,280
  • Cap Rate: 2.70%
  • Gross Rent Multiplier: $20.88
  • Other Income1: $3,127.00
  • Total Annual Expense: 25262
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
Exterior Features
Exterior Features
  • Pool: No
  • Spa: No
  • Roof: Rolled/Hot Mop
  • Fence: None
Lease Terms
Lease Terms
  • Listing Terms: Other
  • Tenant Pays: Electricity, Gas/Propane
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $3,295.00
  • Unit Actual Rent: $3,295.00
  • Unit Projected Rent: $3,750.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $2,650.00
  • Unit Actual Rent: $2,650.00
  • Unit Projected Rent: $3,300.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $3,295.00
  • Unit Actual Rent: $3,295.00
  • Unit Projected Rent: $3,750.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Rent: $2,450.00
  • Unit Actual Rent: $2,450.00
  • Unit Projected Rent: $3,300.00
  • Like Units: 1

Property History for 1076 Gardena Road

DateEvent & SourcePriceAppreciation
Sep 9, 2024

Sold

CLAW #240016480SD

$2,500,000
Aug 23, 2024

Pending

CLAW #240016480SD

Jul 17, 2024

Listed (Active)

CLAW #240016480SD

$2,995,000
DateEvent & SourcePrice
09/09/2024

Sold

CLAW #240016480SD

$2,500,000
08/23/2024

Pending

CLAW #240016480SD

07/17/2024

Listed (Active)

CLAW #240016480SD

$2,995,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1076 Gardena Road

This home is within Encinitas Union Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ocean Knoll Elementary School
PublicK to 6

Oak Crest Middle School
Public7 to 8

La Costa Canyon High School
Public9 to 12

San Dieguito High Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Apartment Realty Group (ARG), Angelo La Bruna, DRE #01991625

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