NOT LISTED FOR SALE

12632 Laurel St Lakeside, CA 92040

Lakeside Area
10 Beds
4 Baths
-- Sq Ft
5,823 Sq Ft Lot

Sale Details

Date Sold: November 12, 2024

Last sale price $1,275,000 $0 Per Sq Ft

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
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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

5,823 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Nov 4, 2024
Sold by
Bought by
Seller's Agent
Doug Taber
Keller Williams Realty
Buyer's Agent
Luay Zetouna
Coldwell Banker West
List Price
$1,300,000
Sold Price
$1,275,000
Premium/Discount to List
-$25,000
-1.92%
Views
84

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$956,250
Outstanding Balance
$936,570
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 23, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 13, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 4, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,600
Interest Rate
7.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 13, 2000
Sold by
Bought by

Purchase Details

Closed on
May 26, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,900
Interest Rate
8.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 1990

Purchase Details

Closed on
Jun 17, 1988

Purchase Details

Closed on
Dec 7, 1984

Purchase Details

Closed on
Apr 16, 1984

Purchase Details

Closed on
Feb 9, 1984
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,275,000 First American Title
-- None Available
-- None Available
-- None Available
-- United Title Company
-- --
$231,000 South Coast Title Company
$175,000 --
$170,000 --
$119,800 --
$120,000 --
$120,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $956,250
Previous Owner $161,338
Previous Owner $120,000
Previous Owner $220,000
Previous Owner $7,500
Previous Owner $212,600
Previous Owner $207,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $17,781 $1,300,500 $510,000 $790,500
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

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Map

Source: San Diego MLS

MLS Number: 240021139

San Diego MLS
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