Lakeside, CA 92040

$1,444,000

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List Price
$1,444,000
Status
ACTIVE
MLS#
260021103SD
Year Built
1991
Lot Location
Drip Irrigation/Bubblers
Days on Market
13
Property Type
Multifamily
Stories
One Level
Neighborhood
Lakeside

Property Description

Remodeled Multi-Unit Property on 2.6 Acres with Exceptional Rental & Additional Income. Beautifully maintained property that was extensively remodeled in 2020 and continues to be cared for exceptionally well. The property offers a unique combination of comfortable residential living, additional rental income from 7 total Car Garage and RV Pad. Equestrian and agricultural Zoned. The property features three well-designed units, each offering a functional floor plan, A/C, and indoor laundry. RV Pad has Laundry and storage too. All appliances convey with the sale, including washers and dryers, providing added convenience for both owners and tenants. For additional income potential, the property includes a 3-car attached garage and 4-car detached garage 5 of the 7 garage spaces currently rented individually. There is also an RV pad with full hookups, Storage and Laundry creating another valuable income-producing component. The expansive grounds feature more than 60 oak trees, citrus trees creating a beautiful & private setting. The property is serviced by its own water well, with drip irrigation providing an efficient way to maintain the landscaping and trees. The property is also well suited for an equestrian or rural lifestyle, with horses and livestock permitted. The combination of acreage, oak trees, private well water, multiple residential units, garage rentals, and RV accommodations offers an uncommon opportunity for an owner-user, investor, or buyer looking for additional rental income. Triplex has 2 year new roof. Four car (detached garage) has new roof this year

Additional Information

Appliances
Propane Water Heater, Tankless Water Heater
Heat
Combination, Forced Air, Propane
Cooling
Yes
Cooling Description
Central Air
Roof
Composition, Concrete, Rolled/Hot Mop
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$136,380

Listing courtesy of Listing Agent: Jeff Middaugh (investwithjeff@gmail.com) from Listing Office: Jeffrey Middaugh.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.