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9760 Marilla Dr
Lakeside, CA 92040
Magnolia Terrace Apartment Homes · Multifamily Property For Sale
·
54 Units
Investment Highlights
- Best CAP rate in San Diego County for a building of this size
- All Electric
- Value Add Opportunity
- Stable Tenant Base
- Possible ADU Potential Due to Large Lot Size
Property Facts
| No. Units | 54 | Building Size | 70,000 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1974 |
| Building Class | C | Parking Ratio | 3.16/1,000 SF |
| Lot Size | 1.26 AC | ||
| Zoning | RU24, Lakeside | ||
| No. Units | 54 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.26 AC |
| Building Size | 70,000 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 1974 |
| Parking Ratio | 3.16/1,000 SF |
| Zoning | RU24, Lakeside |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Disposal
- Microwave
- Storage Space
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Views
- Walk-In Closets
Site Amenities
- Courtyard
- Fitness Center
- Laundry Facilities
- Picnic Area
- Property Manager on Site
- Grill
- Laundry Service
- Package Service
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 36 | $1,399 | 450 |
| 1+1 | 16 | $1,564 | 650 |
| 2+1.5 | 2 | $1,482 | 850 |
Property Taxes
| Parcel Number | 382-210-14 | Improvements Assessment | $6,178,103 |
| Land Assessment | $4,057,560 | Total Assessment | $10,235,663 |
Property Taxes
Parcel Number
382-210-14
Land Assessment
$4,057,560
Improvements Assessment
$6,178,103
Total Assessment
$10,235,663
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