NOT LISTED FOR SALE

9523 Riverview Ave Lakeside, CA 92040

6 Beds
3 Baths
3,100 Sq Ft
0.51 Acres

Last Sold October 20, 2020

Last sale price $525,000 $169 Per Sq Ft

196 Days on Market

About This Home

As of October 2020

Contact agent for Marketing Brochure. The Riverview Rentals consists of two single family residences situated on one large lot (over 22,200sf) located at 9523 and 9525 Riverview Avenue in the western portion of Lakeside, CA. The Property's well designed floor plans include One (1) Four Bedroom/Two Bath house offering 2,500sf of residential living space and One (1) Two Bedroom/One Bath house offering 600sf of residential living space.

Last Agent to Sell the Property

Matthew Brothers

Acre Investment Real Estate License #01704743 Listed on: 03/03/2020

Last Buyer's Agent

Pallavi Shah

Century 21 Mission-Bishop Real Estate License #01382040

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 0.51 Acre Lot

Home Design

  • Composition Roof
  • Wood Siding

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 382-230-24-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $21,570

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • LP / Sq Ft: 17.33
  • Sale Price List Price: 1.0
  • Year Built: 1945
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood
  • Roof: Composition

Condo/Co-op/Association

  • Community: LAKESIDE

Lot Info

  • Lot Size: .5 to 1 AC
  • Assessor Parcel Number: 382-230-24-00
  • Estimated Lot Sq Ft: 22263

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 21570
  • Annual Expense Actual: 15678
  • Annual Expense Projected: 15678
  • Gross Rent Multiplier Actual: 13.67
  • Gross Rent Multiplier Projected: 11.08
  • Gross Sched Income Actual: 38400
  • Gross Sched Income Projected: 47400
  • Number Of Buildings: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Range of Values:

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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 Change Sq Ft Price
10/20/2020 10/20/20 Sold $525,000 0.0% $169 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
06/15/2020 06/15/20 Price Changed $525,000 -7.1% $169 / Sq Ft
03/03/2020 03/03/20 For Sale $565,000 -- $182 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200010647

San Diego MLS

APN: 382-230-24-00