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Alexander Pfleger
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P: 858.483.4687
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8486-90 Pueblo Rd.
Lakeside, California CA 92040
Price: $679,000
ACTIVE Status, Bedrooms, Full Baths
15,021 SqFt , 0.350 Acres
Listing ID # 190027551

Property Description:

Two large detached houses on one lot! Fantastic income property or suitable for multi-gen too. Both houses have 3+ bedrooms/two baths, full kitchens, plus garages and laundry rooms on a 0.35-acre lot. Both are tenant-occupied (please don't disturb), and the actual 2018 gross income was $51,003 with $2,609 in repairs/maintenance - with taxes and insurance it's about a 6 cap! Other owners on the street have split their lot and created two separate properties - wow!

Primary Features

Community: LAKESIDE
Neighborhood: Winter Gardens
Complex/Park: Lakeside Paradise
Short Sale: no
Net Operating Income Projected: 39839
Number of Buildings: 2
Number of Units: 2
Tenant Pays: Trash, Water, Electricity, Gas/Propane
Complex Features: N/K
Security: N/K
Roof: Rock/Gravel
Exterior: Wood/Stucco
Cooling: Central Forced Air

Interior Features

Levels: Other/Remarks
Unit 1 Estimated SqFt: 1400
Unit 1 Laundry Hook Ups: Yes
Unit 1 Number of Bedrooms: 3
Unit 1 Number of Full Baths: 2
Unit 1 Number Total Baths: 2
Unit 2 Estimated SqFt: 1600
Unit 2 Laundry Hook Ups: Yes
Unit 2 Number of Bedrooms: 4
Unit 2 Number of Full Baths: 2
Unit 2 Number Total Baths: 2

External Features

Entry Only: no
Fencing: Partial
Frontage Dimensions in Ft: 100
Lot Dimensions Approx: 100x150
Lot Size: .25 to .5 AC
Unit 1 Exclusive Use Yard: no
Unit 1 Parking Garage Space: 1
Unit 2 Exclusive Use Yard: no
Unit 2 Parking Garage Space: 2

Location Information

Cross Street(s): Winter Gardens
Elementary School: Lakeside Union School District
Market Area: East County
Zip/Area: LAKESIDE (92040)
Zoning: Multi 2+

Financial Details

Annual Expense Actual: 11164
Annual Expense Projected: 11164
Assessors Parcel Number: 388-533-08
Cap Rate Actual: 6
Cap Rate Projected: 6
Gross Rent Multiplier Act: 13.3
Gross Scheduled Income Actual: 51003
Gross Scheduled Income Projected: 51003
Sale/Rent: For Sale
Terms: Cash, Conventional
Unit 1 Deposit: 2000
Unit 1 Projected Rent: 2095
Unit 1 Rent Actual: 2095
Unit 2 Deposit: 2000
Unit 2 Projected Rent: 2150
Unit 2 Rent Actual: 2150

Additional

Age Restrictions: N/K
Association ID: North San Diego County Association of REALTORS (NSDCAR)
Number of Units w/Fireplaces: 2
Number of Units w/Garage: 2
Number of Units w/Range/Oven: 2
Number Units w/Cooling: 2
Number Units w/Dishwashers: 2
Pets: Yes
Property Type: 2-4 UNITS
Sales Restrictions: N/K
Unit Number for Unit 1: 8486
Unit Number for Unit 2: 8490

Zoning Info


Listing courtesy of Compass
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 Tuesday, July 16th, 2019 09:37:48 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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