NOT LISTED FOR SALE

8461-65 Winter Gardens Blvd Lakeside, CA 92040

4 Beds
3 Baths
2,019 Sq Ft
0.41 Acres

Last Sold August 02, 2021

Last sale price $1,075,000 $532 Per Sq Ft

4 Days on Market

Highlights

  • Spa
  • Fireplace
  • Views
  • No HOA
  • Cooling Available
  • Rectangular Lot

About This Home

As of August 2021

Great investment opportunity on this 3 unit mixed-use commercial/residential property. Front unit is a commercial/retail building and the current tenant has a CUP (Conditional Use Permit for a car dealership use). The back two units are residential. One is a 1BR/1BA, 1 car garage, full yard and remodeled in 2020. The other residential unit is 3BR/2.5BA +optional bonus room and features a 2 car garage, recently renovated, great yard and brand new AC. All tenants are currently month to month, but would love to stay. Each unit has it's own gas and electric meter. Property is on one water meter. Buyers to verify all information.

Last Agent to Sell the Property

Rafi Gorges

Realty Executives Dillon License #01703837 Listed on: 04/23/2021

Realty Executives Dillon

Last Buyer's Agent

Nicole Mosa

Realty Executives Dillon License #01812506

Realty Executives Dillon

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 0.41 Acre Lot
  • No Common Walls
  • Fenced
  • Rectangular Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Parking Available

Interior Spaces

  • 2,019 Sq Ft Home
  • Fireplace
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Spa
  • Exterior Lighting

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 11 / C
  • Tax Tract Number 1987
  • Assessor Parcel Number 3885330900

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • Insurance Expense $250
  • Water Sewer Expense $150
  • Operating Expense $400
  • Gross Income $5,400
  • Net Operating Income $5,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0.41 Acres

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 4.00
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 150.00
  • Zoning: R-2:Minor Multiple
  • Property Type: Residential Income
  • Parcel Number: 3885330900
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Price Per Square Foot: 532.44

Exterior Features

  • Fence: Yes
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Rectangular Lot, Level
  • Lot Size Sq Ft: 17812.00
  • Lot Size Acres: 0.4089

Multi Family

  • Gross Income: 5400.00
  • Gross Scheduled Income: 5400.00
  • Insurance Expense: 250.00
  • Lot Size Area: 17812.0000 Square Feet
  • Net Operating Income: 5000.00
  • Number Of Units Total: 3
  • Operating Expense: 500.00
  • Rent Control: No
  • Total Expenses: 400.00

Tax Info

  • Tax Area: 82224
  • Tax Block: C
  • Tax Lot: 11
  • Tax Tract Number: 001987
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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
08/02/2021 08/02/21 Sold $1,075,000 -2.3% $532 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $1,100,000 -- $545 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,931 $344,786 $160,079 $184,707
2024 $4,931 $338,027 $156,941 $181,086
2023 $4,746 $331,400 $153,864 $177,536
2022 $4,648 $324,903 $150,848 $174,055
2021 $4,585 $318,534 $147,891 $170,643
2020 $4,492 $315,269 $146,375 $168,894
2019 $4,405 $309,088 $143,505 $165,583
2018 $4,303 $303,029 $140,692 $162,337
2017 $4,201 $297,088 $137,934 $159,154
2016 $4,069 $291,264 $135,230 $156,034
2015 $4,050 $286,890 $133,199 $153,691
2014 $3,870 $281,271 $130,590 $150,681
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2103457

California Regional Multiple Listing Service (CRMLS)
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