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Alexander Pfleger
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P: 858.483.4687
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12621 Lindo Ln.
Lakeside, California CA 92040
Price: $849,000
ACTIVE Status, Bedrooms, Full Baths

Listing ID # 190011473

Property Description:

JUST REDUCED! This property has been extensively upgraded in the past few years. New exterior paint, exterior storage doors, gated entry, flashing and irrigation system. One unit fully remodeled including porcelain tile, new kitchen cabinets, quartz counter top and new bathroom vanity. Two units have updated cabinets. There is extra enclosed storage space for each unit. Newer cedar fencing separates the parking area from the building. Rents shown effective Nov.1,2019.

Primary Features

Community: LAKESIDE
Neighborhood: Lakeside
Complex/Park: None
Short Sale: no
Net Operating Income Projected: 43626
Number of Buildings: 1
Number of Units: 4
Tenant Pays: Electricity, Gas/Propane
Water: Meter on Property
Security: N/K
Roof: Composition
Exterior: Stucco
Heat Equipment: Wall/Gravity
Cooling: N/K

Interior Features

Levels: 2 Story
Total Stories: 2
Unit 1 Estimated SqFt: 720
Unit 1 Laundry Hook Ups: No
Unit 1 Number of Bedrooms: 2
Unit 1 Number of Full Baths: 1
Unit 1 Number Total Baths: 1
Unit 2 Estimated SqFt: 720
Unit 2 Laundry Hook Ups: No
Unit 2 Number of Bedrooms: 2
Unit 2 Number of Full Baths: 1
Unit 2 Number Total Baths: 1
Unit 3 Estimated SqFt: 720
Unit 3 Laundry Hook Ups: No
Unit 3 Number Bedrooms: 2
Unit 3 Number of Full Baths: 1
Unit 3 Number Total Baths: 1
Unit 4 Estimated SqFt: 720
Unit 4 Laundry Hook Ups: No
Unit 4 Number of Bedrooms: 2
Unit 4 Number of Full Baths: 1
Unit 4 Number Total Baths: 1
Water Heater Type: Gas

External Features

Entry Only: no
Fencing: Full, Gate
Irrigation: Automatic
Lot Size: 7,500-10,889 SF
Parking Non-Garage Unit 1: Uncovered
Parking Non-Garage Unit 2: Uncovered
Parking Non-Garage Unit 3: Uncovered
Parking Non-Garage Unit 4: Underground
Unit 1 Exclusive Use Yard: no
Unit 2 Exclusive Use Yard: no
Unit 3 Exclusive Use Yard: no
Unit 4 Exclusive Use Yard: No

Location Information

Cross Street(s): Vine St.
Market Area: East County
Zip/Area: LAKESIDE (92040)

Financial Details

Annual Expense Actual: 20713
Annual Expense Projected: 20713
Assessors Parcel Number: 349-172-52-00
Cap Rate Actual: 4.5
Cap Rate Projected: 5.1
Gross Rent Multiplier Act: 13.9
Gross Rent Multiplier Projected: 12.7
Gross Scheduled Income Actual: 61020
Gross Scheduled Income Projected: 67020
Other Income Actual: 420
Other Income Projected: 420
Sale/Rent: For Sale
Terms: Cash, Conventional
Unit 1 Deposit: 1300
Unit 1 Projected Rent: 1425
Unit 1 Rent Actual: 1350
Unit 2 Deposit: 1300
Unit 2 Projected Rent: 1425
Unit 2 Rent Actual: 1300
Unit 3 Deposit: 1200
Unit 3 Projected Rent: 1350
Unit 3 Rent Actual: 1200
Unit 4 Deposit: 1200
Unit 4 Projected Rent: 1350
Unit 4 Rent Actual: 1200

Additional

Age Restrictions: N/K
Association ID: San Diego Association of REALTORS (SDAR)
Heat Source: Natural Gas
Number of Units w/Range/Oven: 4
Number of Units w/Refrigerator: 4
Property Type: 2-4 UNITS
Sales Restrictions: N/K
Unit Number for Unit 1: 1
Unit Number for Unit 2: 2
Unit Number for Unit 3: 3
Unit Number for Unit 4: 4

Zoning Info


Listing courtesy of Apartment Consultants, Inc.
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 Thursday, August 22nd, 2019 03:31:41 PM.

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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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