$525,000
●
House -
Off Market
8528 Gardena Road
Lakeside, CA 92040
5 Beds
3 Baths
1,550 Ft²
$955,883
RealtyHop Estimate
74.11%
Since Apr 1, 2017
CA-San Diego
Primary Model
About This Property
This is two turn-key, super cute fully remodeled units on a HUGE
almost 1/2 acre lot! Main home 3/2, guest 2/1 Brand new stainless
steel appliances, glistening counter tops, new flooring , ceiling
fans in every bedroom--The perfect opportunity for ANY
buyer--investor looking for a great rental, or live in one, rent
out the other, or a great set up for a multi-generational family,
you name it! Plenty of space for expansion, toys, RVs, boats,
w/this much land & two perfect homes, possibilities are endless!
Neighborhoods: Lakeside Equipment: Range/Oven Other Fees: 0
Sewer: Septic Installed Topography: LL Guest House Est. SQFT:
725
Unit Size
1,550 Ft²
Days on Market
61 days
Land Size
-
Price per sqft
$354
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (SDMLS #170000674)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 6, 2017 | Sold | ||
| Sold | |||
| Jan 4, 2017 | Listed by W T Haaland Realty | $549,000 | |
| Listed by W T Haaland Realty | |||
| Jun 24, 2016 | Sold | ||
| Sold | |||
| May 30, 2016 | Listed by Valle De Oro Financial Service | $280,000 | |
| Listed by Valle De Oro Financial Service | |||
| | |||
|
Investor Special! Cash only. 2 properties on one lot. Each unit is two bedrooms, one bathroom at 650 sqft each. Copy of original building records attached in document section. Property was rezoned back in 2008 as R1 but is grandfathered in to carry 2 units on one lot. Zoning verifies property can be subdivided into two 10,000 sqft lots and a new unit can be built on new subdivision. Buyer to confirm and perform due diligence. Property is a fixer upper and needs TLC but has amazing potential! Neighborhoods: LAKESIDE Architectural Style: Craftsman/Bungalow View: Craftsman/Bungalow Other Fees: 0 Sewer: Septic Installed, Sewer Available Topography: LL
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About Winter Gardens
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Listed by: Michael Haaland, W T Haaland Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170000674
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170000674
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