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8461-65 Winter Gardens Blvd

Lakeside, CA 92040
  • $1,497,770
  • STATUS: ACTIVE
  • ON SITE: 120 Days
  • ID#: 240018731
$1,497,770
  • 6
    BEDS
  • 0.41
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,819
    SQFT
  • $531
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1966
County:

School Ratings & Info

Description

Investment Opportunity! High-Performing Income Property Zoned C36! This is a MIXED-USE 3-unit property with potential to add up to 5 additional units, per seller according to the county. Seller spent just under $200,000 in updates and improvements! The front unit is currently operating a business under a CUP (Conditional Use Permit). At the back, you'll find two separate units, connected by a shared wall: one is a 4-bedroom, 2.5-bath unit, and the other is a 2-bedroom, 1-bath unit. Both back units feature their own private yard space and dedicated parking spots in front of each unit. Unit 8465 also includes a 2-car garage. All tenants are on month-to-month leases and are eager to stay. Each unit is individually metered for gas and electricity, while water is on a single meter currently paid by the seller.

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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.sellsandiego.com/homes/153485360
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8461-65 Winter Gardens Blvd Lakeside, CA 92040

  • Price: $1,497,770
  • Status: ACTIVE
  • On Site: 120 Days
  • ID#: 240018731
6
Beds
4
Baths
0
½ Baths
0.41
Acres
2,819
SQFT
$531
$/SQFT
1966
Built
Neighborhood:
Winter Gardens
County:
San Diego
Area:
Lakeside (92040)
Property Description
Investment Opportunity! High-Performing Income Property Zoned C36! This is a MIXED-USE 3-unit property with potential to add up to 5 additional units, per seller according to the county. Seller spent just under $200,000 in updates and improvements! The front unit is currently operating a business under a CUP (Conditional Use Permit). At the back, you'll find two separate units, connected by a shared wall: one is a 4-bedroom, 2.5-bath unit, and the other is a 2-bedroom, 1-bath unit. Both back units feature their own private yard space and dedicated parking spots in front of each unit. Unit 8465 also includes a 2-car garage. All tenants are on month-to-month leases and are eager to stay. Each unit is individually metered for gas and electricity, while water is on a single meter currently paid by the seller.
Exterior Features

Exterior Stucco Fencing Partial Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Units With Garages 1 Units With Patios 2

Interior Features

Cooling Central Forced AirWall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 1 Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 3 Total Baths Unit4 0 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Units With Cooling 3 Units With Dishwashers 0 Units With Dryers 2 Units With Fireplaces 1 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 2

Property Features

Actual Cap Rate 7.31 Age Restrictions N/K Annual Expense Actual 16500 Association ID San Diego Association of REALTORS (SDAR) Buildings 2 Cfd Mello Roos Fee 0.0 Community LAKESIDE Complex Park N/A Cross Streets Winter Gardens & Sapota Gross Rent Multiplier Actual 8.33 Gross Scheduled Income Actual 91800 Mandatory Remarks None Known Market Area East County Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays Cable TVElectricityTrash Terms CashConventionalExchange Unit Number For Unit1 8461 Unit Number For Unit2 8463 Unit Number For Unit3 8465 Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Projected Rent 3675.0 Unit1 Rent Actual 3500.0 Unit2 Deposit 2600 Unit2 Occupied Tenant Unit2 Projected Rent 2730.0 Unit2 Rent Actual 2600.0 Unit3 Deposit 4000 Unit3 Occupied Tenant Unit3 Projected Rent 4515 Unit3 Rent Actual 4300.0 Zoning R-2:MINOR

San Diego MLS logo Listing provided courtesy of Rachel Wilkins of Innovate Realty, Inc.: 619-504-8119. 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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