New Construction
Address
12550 Laurel St Lakeside, CA
Price
$ 3,500,000
Property Attributes
  • MLS#200053627
  • TypePending
  • CountySAN DIEGO
  • CityLakeside
  • AreaEast County
  • NeighborhoodEast County
  • Zip92040
  • Style
  • Price$ 3,500,000
  • Bedrooms9
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage10190
  • Lot Size12,236 SqFt
Listing Provided Courtesy Of:
South Coast Commercial, Inc.
Property Description

Constructed in 2017, 12550 Laurel Street is a Fully Rented Nine Unit Apartment Community. The Luxuries of In-Unit Washers & Dryers, Centralized Heating and Air, and Tenant Carports meet the Needs of a Modern Tenant while Investors Benefit from Low Expenses as Each Unit at the Property is Separately Metered for Water and Gas & Electric. The Property Offers a Strong Unit Mix of Five 3Br/2Ba Units, Two 4Br/2Ba Units & Two 2Br/2Ba Units with Spacious Floor Plans. The property sits on a 12,236 Sq. Ft. Lot with Low Maintenance Landscaping. Bypass the Rent Control Laws with a New Construction Multifamily Investment.

Price History
12/10/2020 Listed $3,500,000

General Features

# Of Units (1) 3
# Of Units (2) 2
# Of Units (3) 2
Amenities None
Construction Stucco
Cooling Central Forced Air Elec
Heating Central Forced Air Elec
Parking Carports, Garages, Spaces
Roof Composition
Sale/rent For Sale
Tenant Pays Electric y
Tenant Pays Gas y
Tenant Pays Water y
Total Units 9
Zoning R-4:MULTIP

Interior Features

# Of Units W/disposals 9
# Of Units W/drapes 9
# Of Units W/garage 1
# Of Units W/ranges 9
# Of Units W/refrigerator 9
Baths in Unit 1 2.0
Baths in Unit 2 2.0
Baths in Unit 3 2.0
Bedrooms in Unit 1 3
Bedrooms in Unit 2 4
Bedrooms in Unit 3 2
Unit Furnished (1) Yes
Unit Furnished (3) y
Units w/Dishwashers 9

Exterior Features

Car Port 9
Number of Buildings 1
Total Parking 12

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92040

Price
AVG $640K
$3.5M
Visits
AVG 69
85

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