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12632 Laurel St

Lakeside, CA 92040
  • $1,300,000
  • STATUS: PENDING
  • ON SITE: 36 Days
  • ID#: 240021139
Pending
UPDATED: 50 min ago
$1,300,000
  • 10
    BEDS
  • 0.13
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1971
County:

School Ratings & Info

Description

We are pleased to present this well maintained, four-unit rental property in the heart of the East San Diego county community of Lakeside, CA. The property offers a balanced mix of two spacious 3-bed/ 1-bath units and two 2-bed / 1-bath units. Property features include ample off-street parking, backyard storage, and private laundry in the owner's unit. With just 6% of all San Diego county properties offering three bedroom units, this opportunity is ideal for investors or owner-occupants alike. Highlights include: - Excellent Unit Mix of Three and Two Bedrooms. - Upgraded Owner’s Unit with private laundry, storage, and large private patio. - Low-maintenance landscape. - Plenty of off-street parking; 8 total spaces. - Proximity to scenic foothills, parks, and outdoor activities

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/154750764
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12632 Laurel St Lakeside, CA 92040

  • Price: $1,300,000
  • Status: PENDING
  • On Site: 36 Days
  • Updated: 50 min ago
  • ID#: 240021139
10
Beds
4
Baths
0
½ Baths
0.13
Acres
1971
Built
Neighborhood:
Lakeside
County:
San Diego
Area:
Lakeside (92040)
Property Description
We are pleased to present this well maintained, four-unit rental property in the heart of the East San Diego county community of Lakeside, CA. The property offers a balanced mix of two spacious 3-bed/ 1-bath units and two 2-bed / 1-bath units. Property features include ample off-street parking, backyard storage, and private laundry in the owner's unit. With just 6% of all San Diego county properties offering three bedroom units, this opportunity is ideal for investors or owner-occupants alike. Highlights include: - Excellent Unit Mix of Three and Two Bedrooms. - Upgraded Owner’s Unit with private laundry, storage, and large private patio. - Low-maintenance landscape. - Plenty of off-street parking; 8 total spaces. - Proximity to scenic foothills, parks, and outdoor activities
Exterior Features

Exterior Stucco Fencing Partial Roof Other/Remarks Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 0 Units With Patios 2

Interior Features

Cooling Wall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups No Unit3 Laundry Hook Ups No Unit4 Laundry Hook Ups No Units With Cooling 4 Units With Dishwashers 1 Units With Dryers 1 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 1

Property Features

Actual Cap Rate 3.6 Age Restrictions N/K Annual Expense Actual 25690 Annual Expense Projected 25690 Association ID San Diego Association of REALTORS (SDAR) Buildings 1 Cfd Mello Roos Fee 0.0 Community LAKESIDE Complex Park Lakeside Cross Streets Laurel & Vine Gross Rent Multiplier Actual 17.2 Gross Rent Multiplier Project 13.9 Gross Scheduled Income Actual 75600 Gross Scheduled Income Project 93600 Mandatory Remarks None Known Market Area East County Monthly Total Fees 0 Net Operating Income Projected 64166 Other Fees 0.0 Other Income Actual 0 Projected Cap Rate 4.9 Sales Restrictions N/K Security Other/Remarks Short Sale No Tenant Pays Electricity Terms CashConventionalExchangeFHAVA Unit Number For Unit1 A Unit Number For Unit2 B Unit Number For Unit3 C Unit Number4 D Unit1 Deposit 0 Unit1 Occupied Owner Unit1 Projected Rent 2100.0 Unit1 Rent Actual 0.0 Unit2 Deposit 1460 Unit2 Occupied Tenant Unit2 Projected Rent 1800.0 Unit2 Rent Actual 1510.0 Unit3 Deposit 1000 Unit3 Occupied Tenant Unit3 Projected Rent 2100 Unit3 Rent Actual 1600.0 Unit4 Deposit 1100 Unit4 Occupied Tenant Unit4 Projected Rent 1800 Unit4 Rent Actual 1560.0 Water District LAKESIDE WATER DISTRICT

San Diego MLS logo Listing provided courtesy of Doug Taber of Keller Williams Realty: 619-483-1031. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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