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12705 Laurel St
Lakeside, CA 92040
Multifamily Property For Sale · 8 Units

INVESTMENT HIGHLIGHTS

  • True value add opportunity by implementing an interior and exterior renovation program
  • Rent growth across the submarket is 8.3%, and a structurally low vacancy rate of 2.3% with long waiting lists to fill a single vacancy
  • Ample off street parking and on-site laundry facilities
  • Features 1984 pitched roof construction with 100% two-bedroom floorplans
  • Just blocks from historic downtown Lakeside & Lindo Lake County Park, a prime recreation area
  • Convenient access to Interstate 8, State Routes 52 & 67

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.28 AC
Building Size 6,528 SF
No. Stories 2
Year Built 1984
Zoning R3

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 8 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
394-560-03
Land Assessment
$1,248,480
Improvements Assessment
$650,250
Total Assessment
$1,898,730
  • Listing ID: 26879638

  • Date on Market: 10/18/2022

  • Last Updated:

  • Address: 12705 Laurel St, Lakeside, CA 92040

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