1076-1082 Gardena Rd, Encinitas, CA 92024
4 Unit Apartment Building | $2,995,000 ($748,750/Unit) | 2.70% Cap Rate | Encinitas, CA 92024
For Sale
Active
Asking Price $2,995,000
- Property Type
-
Multifamily
- Square Feet
- 3,264 SF
Listing Contacts
Property Overview
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.
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.
Property Details
- Class
- C
- Year Built
- 1965
- Stories
- 2
- Lot Size (sq. ft)
- 12,197 SF
- Units
- 4
Highlights
- Prime Coastal North County Location ~ Encinitas
- Fantastic Unit Mix: All Four Units Are 2Bedroom Units
- Value-Add Opportunity w/ 20% Upside in Rents
- Ocean Views from the Second Story
- In-Unit Laundry
- Four (4) Single-Car Garages & Potential for Three (3) ADU’s
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