
8314 Lake Gaby Avenue
Ctop 80%San Diego, CA 92119
One license per person in San Diego: whether you can hold it depends on you, not only the home.
6 licensed short-term rentals within ½ mile (3 whole home), from the cities' license and permit lists of Nov 13, 2026.
Pass at asking: -$5,398/mo full cashflow at 20% down, 7.36% rate.
Works at $517,159 (58% under asking), or at 84% down.
Rent $5,133/mo from 9 leases of 3–5 bed houses within 2 mi ($5,329–$5,561).
Beds
4
Baths
3
Sqft
2,119
Year Built
1960
Days on Market
71
Property Type
Single Family
HOA/mo
N/A
MLS ID
PTP2606653
This property is in San Diego (92119). Browse neighborhood analytics →
About This Property
First time on the market in desirable San Carlos! Lovingly maintained by its original owners, this extensively upgraded, single-level home offers comfortable living, quality improvements, and an exceptional bonus: a private 1-bedroom, 1-bath ADU with excellent potential for rental income or extended family living. Whether you're looking for extra income, multigenerational living, or a private space for guests, the ADU adds tremendous versatility and value. The beautifully upgraded interior features designer paint, recessed lighting, abundant natural light, and generously sized rooms. The remodeled kitchen is a standout, complete with a large center island, stainless steel appliances, wine fridge, and custom Heikka cabinetry. The expansive living room, featuring a cozy fireplace, provides plenty of space to relax and entertain. Major improvements offer added value and peace of mind, including brand-new plumbing throughout the main home all the way to the street, backed by a lifetime warranty, new electrical wiring in the main house, a new electrical panel for the ADU, and newer roof, windows, HVAC and heating systems, and tankless water heater. Updated bathrooms and fresh exterior paint further enhance the home's appeal. Outside, enjoy a spacious backyard with a convenient storage shed and a large driveway offering ample parking. Ideally located near shopping, dining, schools, and freeway access, with Cowles Mountain, San Carlos Community Garden, and Lake Murray just minutes away. A rare opportunity to own an extensively updated home with a separate ADU offering outstanding rental or extended family potential in one of San Carlos's desirable neighborhoods!
Mortgage Calculator
Est. Monthly Payment
$8,331
Location
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Zoned Schools
Elementary
Gage Elementary · grades K-5 · San Diego Unified
Middle
Pershing Middle · grades 6-8 · San Diego Unified
High
Henry High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$5,133
Comp Average
$5,356
6880 Maury
4bd / 2.5ba · 2,064 sqft · Single Family
$1.25M
Est. $5,259/mo
7188 Melotte St
4bd / 2.5ba · 2,277 sqft · Single Family
$1.30M
Est. $5,486/mo
7320 Jackson Drive
5bd / 3ba · 2,120 sqft · Single Family
$1.28M
Est. $5,276/mo
7957 Blue Lake Drive
4bd / 3ba · 2,364 sqft · Single Family
$1.30M
Est. $5,390/mo

6369 LAKE LUCERNE
4bd / 3ba · 2,238 sqft · Single Family
$1.65M
Est. $5,371/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
9 leases of 3–5 bed houses within 2 mi · $5,329–$5,561
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$5,398/mo short at 20% down; 84% down or +$7,010/mo rent closes it.
- Break-even price
- $517,159
- Break-even rent
- $12,143/mo
- Cashflow at 35% down
- −$4,132/mo
- Down payment to break even
- 84%
- Rate to break even
- Not reachable
58% under asking
$7,010/mo above the estimate
$1,027,741 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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