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Alexander Pfleger
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P: 858.483.4687
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12560 Laurel St.
Lakeside, California CA 92040
Price: $2,030,000
PENDING Status, Bedrooms, Full Baths

Listing ID # 180012452

Property Description:

We are pleased to present 12560 Laurel Street apartments, a well maintained 11-unit property located in Lakeside, California. Constructed in 1955, the property is positioned on 0.44 acres and is comprised of 4 one-bedroom/one-bath and 7 two-bedroom/one-bath apartments. Lakeside has a long held reputation for its rural setting, with a prevalence of ranches and the small natural lake it was founded around. Lakeside is also home to a trio of large reservoirs in Lake Jennings, El Capitan Reservoir and the San Vicente Reservoir with its many parks and trailheads, most notably the River Park and trailhead for the El Cajon Mountain summit. In addition to numerous parks, Lakeside is home to Barona Resort & Casino and the Viejas Casino is also nearby. Barona Creek Golf Club was ranked for the eighth straight year in Golfweek magazines Top Casino Courses in the country, most recently it was ranked 9th in 2017 and was the highest ranked California property in this category.

Primary Features

Market Area: East County
Number of Units: 11

Interior Features

Number of Baths (1): 1
Number of Baths (2): 1
Number of Bedrooms (1): 1
Number of Bedrooms (2): 2

External Features

Entry Only: No

Location Information

Zip/Area: LAKESIDE (92040)

Financial Details

Actual Gross Scheduled Income: 162574
Actual Operating Expense: 60239
Assessors Parcel Number: 394-061-29-00
Gross Equity: 2030000
Gross Multiplier: 12.60
Price/Unit: 184545
Sale/Rent: For Sale

Additional

Association ID: San Diego Association of REALTORS (SDAR)
Have: 11 Units
Mandatory Remarks: None Known
Number of Units (1): 4
Number of Units (2): 7
Sales Restrictions: N/K
SqFt of Improvement: 8137

Zoning Info


Listing courtesy of Marcus & Millichap
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) services provided by SDMLS and CRMLS. 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. © 2019 San Diego Multiple Listing Service, Inc. © 2019 California Regional Multiple Listing Service. Data updated on Monday, June 17th, 2019 05:03:19 PM.

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Office: 858-483-4687 | Cell: 619-339-7334 | Email: [email protected] | CA BRE #01043581 | NMLS# 373603

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The Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability.

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.

Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.

Last Updated: 2019-05-20

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