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1090 Gardena Rd - Prime Coastal North County Duplex 2 Unit Apartment Building Offered at $1,800,000 Encinitas, CA 92024
Investment Highlights
- Prime Coastal North County Location ~ Encinitas
- Each Unit Has Private Yard w/ Washer/Dryer
- Four (4) Off-Street Parking Spaces
- Great Unit Mix: (2) 2Bedroom / 1Bathroom Units
- Well-Maintained / High Income Property with ADU Potential
- Located Off I-5 and Santa Fe Dr Near San Dieguito High School and the Self-Realization Fellowship Gardens
Executive Summary
The Duplex at Gardena Rd is an incredible investment opportunity located in one of San Diego’s most desirable rental markets (Encinitas). Situated on a 6,804sf parcel, the property consists of two (2) 2Bedroom / 1Bathroom units. Each unit is spacious, well maintained, and offers a dedicated laundry area, a large private fenced yard, and off-street parking. Conveniently located off I-5 and Santa Fe Dr near San Dieguito High School and the Self-Realization Fellowship Gardens, tenants are nearby local shops, restaurants, and the beach.
This coastal duplex is perfect for an owner-occupant, or private investor looking for a quality asset in prime North County San Diego location.
This coastal duplex is perfect for an owner-occupant, or private investor looking for a quality asset in prime North County San Diego location.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$82,560
|
$62.55
|
| Other Income |
$1,239
|
$0.94
|
| Vacancy Loss |
$2,514
|
$1.90
|
| Effective Gross Income |
$81,285
|
$61.58
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$28,480
|
$21.58
|
| Net Operating Income |
$52,805
|
$40.00
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $82,560 |
| Annual Per SF | $62.55 |
| Other Income | |
|---|---|
| Annual | $1,239 |
| Annual Per SF | $0.94 |
| Vacancy Loss | |
|---|---|
| Annual | $2,514 |
| Annual Per SF | $1.90 |
| Effective Gross Income | |
|---|---|
| Annual | $81,285 |
| Annual Per SF | $61.58 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $28,480 |
| Annual Per SF | $21.58 |
| Net Operating Income | |
|---|---|
| Annual | $52,805 |
| Annual Per SF | $40.00 |
Property Facts
| Price | $1,800,000 | Lot Size | 0.16 AC |
| Price Per Unit | $900,000 | Building Size | 1,320 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 2 | Year Built | 1960 |
| Property Type | Multifamily | Parking Ratio | 3.03/1,000 SF |
| Zoning | R11 | ||
| Price | $1,800,000 |
| Price Per Unit | $900,000 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.16 AC |
| Building Size | 1,320 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Parking Ratio | 3.03/1,000 SF |
| Zoning | R11 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $3,440 | 660 |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
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1090 Gardena Rd - Prime Coastal North County Duplex
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