962 Woodgrove Drive
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962 Woodgrove Drive

C

Cardiff-by-the-Sea, CA 92007

$1,500,000
NEW — 0d

Soft Appraisal Value: $1,464,200 · 2.4% above estimate

Beds

3

Baths

2

Sqft

1,245

Year Built

1975

Days on Market

0

Property Type

Townhouse

HOA/mo

$234

MLS ID

NDP2605672

This property is in Cardiff-by-the-Sea (92007). View neighborhood stats →

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About This Property

Coastal Cardiff Living at Its Best Nestled in the heart of Cardiff-by-the-Sea, this inviting 3-bedroom, 2-bath residence offers an exceptional opportunity to enjoy one of Southern California's most coveted coastal lifestyles. Surrounded by award-winning schools and positioned within a highly desirable neighborhood, the home combines everyday convenience with the relaxed charm that defines Cardiff and neighboring Encinitas. The thoughtfully designed floor plan includes approximately 1,245 square feet of living space, a two-car garage, and an upper-level deck that serves as the perfect setting for morning coffee, evening sunsets, and the cool ocean breezes that drift inland from the Pacific. The deck overlooks peaceful green open spaces, creating a sense of privacy and tranquility rarely found at this price point. Location is everything, and this home places you moments from the very best of North County Coastal living. Enjoy quick access to Interstate 5, downtown Encinitas, and the vibrant shops, restaurants, and conveniences along El Camino Real. Spend your weekends exploring local beaches, riding an e-bike to the legendary Swami's surf break, or picking up dinner from Cardiff's beloved Seaside Market—home of the famous "Cardiff Crack." Whether you're drawn by the coastal climate, outdoor lifestyle, excellent schools, or the unique character of Cardiff-by-the-Sea, this property offers an opportunity to live where cool ocean breezes, spectacular sunsets, and a true sense of community come together. A rare chance to own a home in one of San Diego County's most sought-after coastal zip codes.

Mortgage Calculator

Est. Monthly Payment

$9,756

Principal & Interest$7,585
Property Tax$1,500
Insurance$437
HOA$234
%($300,000)
%

Location

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Comparable Properties

2 comps found

This Property

$5,525

vs

Comp Average

$4,197

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

7D
Est. Monthly Rent
$5,525
Monthly Cashflow

Rent − PITIA

$-4,231
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,752

Mortgage (P+I)
$7,585
Cap Rate
0.67%
Cash-on-Cash
-27.01%
DSCR

Need ≥ 1.25 for DSCR loan

0.57
Break-even Rent
$14,293

NOI (Annual)
$9,999
Price-to-Rent

Lower = better for investors

22.6

* 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.

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