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12356 Parkside St
Lakeside, CA 92040
Multifamily Property For Sale · 12 Units

PROPERTY FACTS

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.42 AC
Building Size 8,970 SF
Average Occupancy 100%
No. Stories 2
Year Built 1991
Parking Ratio 10/1,000 SF
Zoning C37, S.D. Co

AMENITIES

UNIT AMENITIES

  • Air Conditioning

SITE AMENITIES

  • Laundry Facilities

ABOUT 12356 PARKSIDE ST , LAKESIDE, CA 92040

The Lakeside Courtyard apartments are an extremely well maintained apartment building located in the ever gentrifying neighborhood of Lakeside in San Diego County. The Lakeside neighborhood which is considered to be "East County San Diego" was recently identified as the highest rent growth and lowest vacancy submarket in the County. The property, which was built in 1991, consists of six 2br/1ba apartments (approx 800sqft) and six 1br/1ba apartments (approx 600sqft), owned laundry facilities and ample off street parking. All units are leased at rates significantly under market rents and via more proactive management can be increased to market by spending little to no money on improvements. This unique opportunity to own a property less than 30 years old, at this price with this much rental upside is rare and one that will not last.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 6 $960.00 -
2+1 6 $1,093 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 394-110-23
  • 394-110-25
Land Assessment
$1,421,736
Improvements Assessment
$874,915
Total Assessment
$2,296,651
  • Listing ID: 16644755

  • Date on Market: 7/17/2019

  • Last Updated:

  • Address: 12356 Parkside St, Lakeside, CA 92040

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