3920-22 Garfield Street

Carlsbad, CA 92008

$2,195,000
Price
5
Beds
1,976 Sq. Ft.
$1,111 / Sq. Ft.
1,976
Sq. Ft.
$1,111
per Sq. Ft.

Description

Coastal Carlsbad within one block of the beach and lagoon, this multi-unit property offers beachside living with rental income potential. Featuring three units: two 2 bed / 1 bath and one 1 bed / 1 bath, each with their own private yard, access to a communal laundry facility and three storage units. With walkability to the beach and Agua Hedionda Lagoon for hiking & paddling, plus close proximity to Carlsbad Village shopping, dining, and entertainment, it’s perfectly positioned to enjoy everything...Coastal Carlsbad within one block of the beach and lagoon, this multi-unit property offers beachside living with rental income potential. Featuring three units: two 2 bed / 1 bath and one 1 bed / 1 bath, each with their own private yard, access to a communal laundry facility and three storage units. With walkability to the beach and Agua Hedionda Lagoon for hiking & paddling, plus close proximity to Carlsbad Village shopping, dining, and entertainment, it’s perfectly positioned to enjoy everything the area has to offer. Ideal for rental income, multigenerational living, and with R3 zoning, there is significant potential for future development. Whether you’re looking for a place to call home or to invest, this property offers endless possibilities.
  1. Listed by David Thayer • DRE #02074782 • Brokerage DRE #01767484 • Pacific Sotheby's Int'l Realty • david@thayercoastalhomes.com

Property Details for 3920-22 Garfield Street

Parking Spaces Total
2
Private Pool
No
Cooling Type
None
Total Units
3.0
Building Type
Attached
Lot Size Source
Public Records
Living Area
1976
Assessor Parcel Number
206-012-03-00
LISTING UPDATED: 11/06/2024 09:13 PM

Property Details for 3920-22 Garfield Street

StatusActive
MLS #NDP2407715
Days on Market85
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1952
Lot Size0.14 AC / 6,083 SF
CountySan Diego County

Virtual Tour

Building Information for 3920-22 Garfield Street

Stories1Residences-Year Built1952Building Size-Lot Size0.14 AC / 6,083 SF

Property Information for 3920-22 Garfield Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $127,020
  • Gross Scheduled Income: $127,020
  • Net Operating Income: $120,042
  • Laundry Income: $420
  • Cap Rate: 4.63
Expense Details
  • Operating Expense: $6,977
  • New Taxes Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $904
  • Trash Expense: $448
  • Water Sewer Expense: $1,848
  • Total Expenses: $6,977
Tax / Assessment Info
  • Tax Tract Number: 001747
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Suburban, Biking, Fishing, Hiking, Watersports
Property / Structure Info
Interior Features
  • Appliances: Gas Range, Refrigerator
  • Equipment: Inside, Laundry Area, Refrigerator, Room
  • Interior Features: Ceiling Fan(s), Storage
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom
  • Laundry: Yes
  • Laundry Features: Common Area, Individual Room, Inside
  • Cooling: None
  • Heating Type: Natural Gas
  • Heating: Natural Gas
  • Virtual Tour URL Unbranded: https://player.vimeo.com/video/1004656884
Exterior Features
  • Window Features: Double Pane Windows
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Roof: Asphalt
  • Entry Location: Ground level
  • Fence: No
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: Lawn, Level, Yard
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Sewer: Public Sewer
  • Utilities: Electricity Connected
  • Electric: Standard
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Driveway
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Driveway
Unit Information
Unit 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $3,850
  • Unit Type Total Rent: $3,850
  • Unit Type Pro Forma: 3850
  • Unit Type Type: 1
Unit 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 3750
  • Unit Type Type: 2
Unit 3
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,780
  • Unit Type Total Rent: $1,780
  • Unit Type Pro Forma: 2950
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Number With Patio: 3

Property History for 3920-22 Garfield Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 3920-22 Garfield Street

This home is within Carlsbad Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Jefferson Elementary School
PublicK to 5

Valley Middle School
Public6 to 8

Carlsbad High School
Public9 to 12

Sage Creek High School
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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3920-22 Garfield Street is a multi-family home for sale in Carlsbad, CA 92008. This property was listed for sale on August 28, 2024 by Pacific Sotheby's Int'l Realty, it's currently listed at $2,195,000. This listing's school district is Carlsbad Unified School District. Nearby schools include Jefferson Elementary School, Valley Middle School and Carlsbad High School. 3920-22 Garfield Street is a 5-bed, 0-bath, 1,976 sqft multi-family home built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pacific Sotheby's Int'l Realty, David Thayer, DRE #02074782

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