NOT LISTED FOR SALE

12632 Laurel St Lakeside, CA 92040

10 Beds
4 Baths
-- Sq Ft
1971 Built

Last Sold November 12, 2024

Last sale price $1,275,000

31 Days on Market

About This Home

As of November 2024

We are pleased to present this well maintained, four-unit rental property in the heart of the East San Diego county community of Lakeside, CA. The property offers a balanced mix of two spacious 3-bed/ 1-bath units and two 2-bed / 1-bath units. Property features include ample off-street parking, backyard storage, and private laundry in the owner's unit. With just 6% of all San Diego county properties offering three bedroom units, this opportunity is ideal for investors or owner-occupants alike. Highlights include: - Excellent Unit Mix of Three and Two Bedrooms. - Upgraded Owner’s Unit with private laundry, storage, and large private patio. - Low-maintenance landscape. - Plenty of off-street parking; 8 total spaces. - Proximity to scenic foothills, parks, and outdoor activities

Last Agent to Sell the Property

Doug Taber

Keller Williams Realty License #01920184 Listed on: 09/05/2024

Keller Williams Realty

Last Buyer's Agent

Luay Zetouna

Coldwell Banker West License #02069412

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 5,823 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 394-062-14-00

Community Details

Overview

  • 4 Units
  • Lakeside Community

Building Details

  • Net Operating Income $46,886

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Laurel & Vine
  • Neighborhood: Lakeside
  • LP / Sq Ft: 20.26
  • Stories: 2 Story
  • Sale Price List Price: 0.98
  • Total Stories: 2
  • Year Built: 1971
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Prkng Non Garage Spac U3: 2
  • Prkng Non Garage Spac U4: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial

Utilities

  • Cooling: Wall/Window

Condo/Co-op/Association

  • Complex Name: Lakeside
  • Community: LAKESIDE

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Water District: LAKESIDE WATER DISTRICT
  • Assessor Parcel Number: 394-062-14-00
  • Estimated Lot Sq Ft: 5823

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 46886
  • Gross Rent Multiplier Actual: 17.2
  • Gross Rent Multiplier Projected: 13.9
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 4
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 1

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2024 11/12/24 Sold $1,275,000 -1.9% --
10/07/2024 10/07/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $1,300,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,303 $1,275,000 $500,000 $775,000
2024 $6,303 $341,231 $146,239 $194,992
2023 $6,043 $334,541 $143,372 $191,169
2022 $5,869 $327,982 $140,561 $187,421
2021 $5,818 $321,552 $137,805 $183,747
2020 $5,645 $318,255 $136,392 $181,863
2019 $5,540 $312,016 $133,718 $178,298
2018 $5,328 $305,899 $131,097 $174,802
2017 $822 $299,902 $128,527 $171,375
2016 $4,900 $294,022 $126,007 $168,015
2015 $4,862 $289,607 $124,115 $165,492
2014 $4,681 $283,935 $121,684 $162,251
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Doug Taber

    Keller Williams Realty

    Section Image

  • L

    Buyer's Agent in 2024

    Luay Zetouna

    Coldwell Banker West

    (619) 303-3399

    1 in this area

    9 Total Sales

    Luay Zetouna
    Section Image
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Map

Source: San Diego MLS

MLS Number: 240021139

San Diego MLS
California San Diego County Lakeside 92040

12632 Laurel St, Lakeside, CA

Not Listed for Sale

MultiFamily

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