9688 Los Coches Rd

    Lakeside, CA 92040
    • $1,999,999 - $2,099,999
    • STATUS: ACTIVE
    • ON SITE: 140 days
    • ID#: 180022810
    UPDATED: 72 min ago
    $1,999,999 - $2,099,999
    • 0
      BEDS
    • 0.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    10 units with Strong Unit mix (9) 2 Br + (1) 1 Br plus 18 + parking spaces and 3 garages-4 storage Spots and leased Laundry provides additional income! only $210,000 per unit! All on large corner lot near Freeways and Shopping Areas! Great upside Rent Potential- Potential to Remodel units and get Proforma Rents estimated $1600 per 2 Br -$1250 for 1 Br and Additional income for garages-storage and laundry! Purchase own laundry and self manage units for additional income and Return on investment. Close by Lindo Lake and close driving distance to Lakeside Rodeo-Barona and Viejas Casinos-Lake Jennings and other water Reservoirs for fishing and boating-Barona Golf Club and parks and hiking Trails and El Capitan Mountain Summit close by and minutes to el cajon parkway Plaza and other nearby Shopping make this an idea location for renters and long term investors!

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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. 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) service provided by San Diego MLS. 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. Compilation © 2018 San Diego MLS, Inc.
    www.triolorealty.com/homes/83126267

    9688 Los Coches Rd Lakeside, CA 92040

    • Price: $1,999,999 - $2,099,999
    • Status: ACTIVE
    • Updated: 72 min ago
    • ID#: 180022810
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.38
    Acres
    Neighborhood:
    Lakeside (92040)
    County:
    San Diego
    Area:
    Lakeside (92040)
    Property Description
    10 units with Strong Unit mix (9) 2 Br + (1) 1 Br plus 18 + parking spaces and 3 garages-4 storage Spots and leased Laundry provides additional income! only $210,000 per unit! All on large corner lot near Freeways and Shopping Areas! Great upside Rent Potential- Potential to Remodel units and get Proforma Rents estimated $1600 per 2 Br -$1250 for 1 Br and Additional income for garages-storage and laundry! Purchase own laundry and self manage units for additional income and Return on investment. Close by Lindo Lake and close driving distance to Lakeside Rodeo-Barona and Viejas Casinos-Lake Jennings and other water Reservoirs for fishing and boating-Barona Golf Club and parks and hiking Trails and El Capitan Mountain Summit close by and minutes to el cajon parkway Plaza and other nearby Shopping make this an idea location for renters and long term investors!
    Exterior Features

    Parking Spaces Total 18 Units With Garages 3

    Interior Features

    Baths Unit1 1 Baths Unit2 1 Bedrooms Unit1 2 Bedrooms Unit2 1 Sq Ft Of Improvement 7378 Unit Furnished1 0 Unit Furnished2 0 Units With Ranges 10 Units With Refrigerators 10

    Property Features

    Actual Cap Rate 4.82 Actual Gardener Expense 1200 Actual Gas And Electric 2500 Actual Gross Operating Income 154992 Actual Gross Scheduled Income 159600 Actual License Expense 150 Actual Maintenance Expense 7000 Actual Operating Expense 53750 Actual Pest Control Expense 360 Actual Prop Management 7980 Actual Taxes Expense 16012 Actual Total Expense 53750 Actual Total Pi Pay 83138 Actual Trash Expense 1200 Actual Vacancy And Credit Loss 0 Actual Water Sewer Expense 6000 Assumable Finance 0 Buildings 1 Gross Equity 1300000 Gross Multiplier 13.75 Have 10 Units (9) 2 Br's + 1Br Mandatory Remarks None Known Mandatory Remarks For Value Range Pricing Seller Will Entertain Offers Between 1999999 - 2099999 Market Area East County Monthly Rent Total 13100 Motive Want 1031 Exchange And Cash Out Other Income Actual 2400 Other Income Amount 200 Other Income Source Laundry Present Loan 800000 Projected Annual Pi Expense 83138 Projected Cap Rate 6.2 Projected Fl Ins Expense 2500 Projected Fl Ins Expense1 2500 Projected Gardener Expense 1200 Projected Gas And Electric 2500 Projected Gross Multiplier 11.84 Projected Gross Operating Inc 188166 Projected Gross Scheduled Inc 191400 Projected License Expense 150 Projected Maintenance Expense 7000 Projected Net Income 142396 Projected Operating Expense 45770 Projected Other Income 2400 Projected Pest Expense 360 Projected Property Mgmt Expense 0 Projected Taxes Expense 24860 Projected Total Expense 45770 Projected Trash Expense 1200 Projected Vacancy And Credit Loss 5634 Projected Water And Sewer Expense 6000 Tenant Pays Electric Y Tenant Pays Gas N Tenant Pays Water N Unit Number1 9 Unit Number2 1 Unit Rent1 1300 Unit Rent2 1150

    Listing provided courtesy of Coldwell Banker West. Listing information © 2018 San Diego MLS, 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) service provided by San Diego MLS. 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. Compilation © 2018 San Diego MLS, Inc.
     
    Keller Williams - Triolo Realty Group
    12780 High Bluff Drive, Suite 130
    San Diego CA, 92130