Log In/Sign Up
Your email has been sent.
Westside Apartments 12430 Oak Knoll Rd 40 Unit Apartment Building $14,000,000 ($350,000/Unit) 4.25% Cap Rate Poway, CA 92064
Investment Highlights
- 95% 2 bedroom units
- Premier Poway location & renowned school district
- First time available for sale
- Ample parking
Executive Summary
The Westside Apartments offer a very strong unit mix predominantly composed of two-bedroom apartments. This makes it ideally suited for families and long-term renters seeking housing within the Poway Unified School District, which is consistently ranked among the best in California. Positioned within an established residential neighborhood, the apartment community benefits from strong renter demand driven by Poway’s reputation for quality schools and suburban livability. The property consists of fourteen (14) two-bedroom/one-bathroom units, twenty-four (24) two-bedroom/one-and-one-half-bathroom units, one (1) one-bedroom/one-bathroom unit, and one (1) studio unit. Additionally the proeprty is well parked and offers laundry on site. These practical layouts provide functional living spaces that appeal to a broad tenant base and support stable occupancy. Recent capital improvements include roof replacements, further enhancing long term durability and reducing near term maintainance exposure.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $14,000,000 | Apartment Style | Low-Rise |
| Price Per Unit | $350,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.18 AC |
| Cap Rate | 4.25% | Building Size | 34,748 SF |
| Gross Rent Multiplier | 13.6 | Average Occupancy | 95% |
| No. Units | 40 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1970 |
| Property Subtype | Apartment | Parking Ratio | 1.44/1,000 SF |
| Zoning | RA | ||
| Price | $14,000,000 |
| Price Per Unit | $350,000 |
| Sale Type | Investment |
| Cap Rate | 4.25% |
| Gross Rent Multiplier | 13.6 |
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.18 AC |
| Building Size | 34,748 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1970 |
| Parking Ratio | 1.44/1,000 SF |
| Zoning | RA |
Amenities
Unit Amenities
- Refrigerator
- Oven
- Range
- Carpet
- Grill
- Vinyl Flooring
Site Amenities
- Controlled Access
- Laundry Facilities
- Recycling
- Smoke Free
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 24 | $2,175 | 850 |
| 2+1 | 14 | $2,150 | 800 |
| 1+1 | 1 | $1,850 | 650 |
| Studios | 1 | $1,490 | 450 |
1 1
Walk Score®
Very Walkable (78)
Property Taxes
| Parcel Number | 317-540-44 | Total Assessment | $8,168,197 |
| Land Assessment | $4,261,668 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $3,906,529 | Tax Year | 2025 |
Property Taxes
Parcel Number
317-540-44
Land Assessment
$4,261,668
Improvements Assessment
$3,906,529
Total Assessment
$8,168,197
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 57
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Westside Apartments | 12430 Oak Knoll Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.