9747 Riverview Ave

Lakeside, CA 92040 View Map $2,899,000 Schedule a Tour
Sq.Ft.22,904
Year64
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Robert & Joy Aumann

Robert & Joy Aumann

(858) 752-8730
 
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FOR SALE: 9747 Riverview Ave Lakeside CA 92040 | 240001011 |$2,899,000| Call Rob (858) 752-8730 for a TOUR!

Status: Pending
Property Type:Com-Res Income
MLS #:240001011
Sq. Feet:22,904
On Site:15 Days
Lot Size:0.53 Acres
County:San Diego

Listing Agent/Office

Agent:Athir Markos
Agent Phone:619-504-7999
Office:Keller Williams Realty
Motivated Seller!! Take a look at this 12 unit for sale in Lakeside, CA, presents a unique investment opportunity. This property is exceptionally well-maintained and offers investors the potential to add value in a thriving urban rental market. Notably, the area is experiencing ongoing investments, both public and private, which are enhancing its overall desirability and quality." Well-maintained 12-unit apartment complex consisting of approximately 7,134 rentable square feet situated on a 22,904 square foot lot. The unit mix consists of one 2 bed / 2 bath, three 2 bed / 1bath, eight 1 bed / 1 bath. On-site laundry facilities. Each unit ensures tenant satisfaction and consistent occupancy rates. Currently operating at full capacity with a 100% occupancy rate, This investment holds the potential for robust cash flow, offering the prospect of significant returns. Don't miss out on the chance to capitalize on this commercial investment gem. Secure your stake in a future of steady returns. This is truly an incredible opportunity to acquire a well-maintained property with strong rental upside

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:9747 Riverview Ave, Lakeside, CA 92040
Area:Lakeside (92040)
County:San Diego
Area (MLS Code):East County
Zip Code:92040

Features / Amenities

Amenities: RV Parking
Cooling: Wall/Window
Heating: Wall

Rooms

Dimensions
Master
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Breakfast Area
Dining Room
Kitchen
Living Room
Family Room
Extra Room 1
Extra Room 2
Extra Room 3

Property Features

Lot Size: 0.53 Acres
Zoning:R-3:RESTRI
Directions:GPS

Tax and Financial Info

Cap Rate Actual: $4.95
Cap Rate Projected: $7
Actual Operating Expense: $71, 493
Actual Gross Schd Income: $219, 600

Schools

WALKING AND TRANSPORTATION

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9747 Riverview Ave Lakeside,  CA 92040
GO SEE THIS LISTING
9747 Riverview Ave Lakeside, CA 92040
 
ASAP
Mon
22
Apr
Tue
23
Apr
Wed
24
Apr
Thu
25
Apr
Fri
26
Apr
Sat
27
Apr
Sun
28
Apr
Choose Your Date -- It's Free, Cancel Anytime
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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.

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Listing information last updated on April 21, 2024 11:45 PM EST.