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Key Details
Sold Price $975,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 1,100 sqft
Price per Sqft $886
MLS Listing ID 220000843
Sold Date 02/01/22
Bedrooms 6
Full Baths 2
Half Baths 2
HOA Y/N No
Year Built 1972
Lot Size 0.520 Acres
Property Description
Back on market (no fault of the property). Completely remodeled duplex w/high-end finishes on a 1/2 acre lot & MOUNTAIN VIEWS! Great investment opportunity or go owner occupied & collect rental income! 2-units on separate meters with only one shared wall in the garage. Current rent for the 2BR side is $1950/mo & could be raised up to $2500. The 4BR side was previously rented for $2870/mo and could rent for up to $3400. That's over $70k per year in projected rental income! Plus the huge .5 acre lot provides ample space to add another rental unit or store large trailers, RV's & toys. All upgrades have been completed in the last 2-3 years. Both kitchens boast high end cabinetry, quartz counters, new flooring and SS appliances. Full bathrooms include custom tile work, quartz countertops and a dual vanity (in the 4BR). HVAC was replaced 3 years ago. Huge fenced-in terraced back yard on the 4BR side with an additional 40ft pad to park an oversized RV or trailer. There is a private attached 1-car garage for each unit with separate W/D hookups. Enjoy the mountain views off the oversized balcony of the 4BR unit, or the privacy of the 2BR unit's covered patio. Please do not disturb tenants.
All upgrades have been completed in the last 2-3 years. Both kitchens boast high end cabinetry, quartz counters, new flooring and SS appliances. Full bathrooms include custom tile work, quartz countertops and a dual vanity (in the 4BR). HVAC was replaced 3 years ago. Huge fenced-in terraced back yard on the 4BR side with an additional 40ft pad to park an oversized RV or trailer. There is a private attached 1-car garage for each unit with separate W/D hookups. Enjoy the mountain views off the oversized balcony of the 4BR unit, or the privacy of the 2BR unit's covered patio. Please do not disturb tenants.
Location
State CA
County San Diego
Area Lakeside (92040)
Zoning R-1:SINGLE
Interior
Heating Natural Gas
Cooling Central Forced Air, Wall/Window
Fireplaces Number 2
Appliance Fireplace, Forced Air Unit
Exterior
Exterior Feature Wood/Stucco
Parking Features Unit1:Attached Unit2:Attached
Garage Spaces 2.0
Fence Full
View Mountains/Hills
Roof Type Composition
Building
Story 2
Lot Size Range .5 to 1 AC
Sewer Sewer Connected
Water Meter on Property
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional, FHA, VA
Space Rent $1,950
Listing Terms Cash, Conventional, FHA, VA
Financing Cash
Pets Allowed Yes
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Bought with Gregg Alexander • Gregg Alexander, Broker