7538 Gibraltar Street
1 / 20

7538 Gibraltar Street #D

A

Carlsbad, CA 92009

$759,000
NEW — 2d

Soft Appraisal Value: $755,900 · 0.4% above estimate

Beds

3

Baths

2

Sqft

1,339

Year Built

1975

Days on Market

2

Property Type

Condo

HOA/mo

$500

MLS ID

NDP2606452

This property is in Carlsbad (92009). View neighborhood stats →

About This Property

This beautiful home nestled behind La Costa Golf Course has ample space, tons of natural light, vaulted ceilings and a lofty modern feel. It’s everything you’re looking for including a 2 car garage and a gated community. This 3-bedroom, 2-bath home (configured as 2 bedrooms plus a flexible office or optional bedroom) features large windows and an elevated position that fills the home with natural light with views of the lush greenery of La Costa and the Golfcrest community. The open concept kitchen and living spaces are on the top floor with soaring ceilings and windows that bring in all the natural light. Recent updates include new wood flooring, new carpet, brand new appliances, refreshed cabinetry, expanded counter space, and upgraded lighting. Just off the kitchen, the 3rd bedroom is the perfect space for a home office, creative studio, or additional bedroom. Enjoy your private balcony surrounded by leafy treetop views and partial glimpses of the golf course, an ideal spot for morning coffee or relaxing at the end of the day. On the main level you’ll find the primary bedroom with ensuite bath and a secondary bedroom and bath that are fully separated from the main living spaces, offering privacy and a quiet retreat. The home also includes a laundry room and attached two-car garage with extra storage. Enjoy a well-maintained community centered around a gated, garden-style courtyard with mature landscaping, a pool, and a peaceful, resort-like atmosphere. Conveniently located just minutes from shopping, dining, golf, top resorts, and some of North County’s most beautiful beaches, and within the highly regarded Encinitas Union School District. Take this opportunity to enjoy relaxed coastal living in a sought-after North County neighborhood.

Mortgage Calculator

Est. Monthly Payment

$5,318

Principal & Interest$3,838
Property Tax$759
Insurance$221
HOA$500
%($151,800)
%

Location

Loading map...

Investment Score

48B
Est. Monthly Rent
$4,426
Monthly Cashflow

Rent − PITIA

$-892
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,542

Mortgage (P+I)
$3,838
Cap Rate
2.05%
Cash-on-Cash
-20.10%
DSCR

Need ≥ 1.25 for DSCR loan

0.83
Break-even Rent
$7,728

NOI (Annual)
$15,546
Price-to-Rent

Lower = better for investors

14.3

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

Get Expert AnalysisOpen Full Calculator