12370 Parkside St, Lakeside, 92040

Commercial - Com-Res Income For Sale

$1,195,000

Beds
Baths
Sqft
.22Acres
Built
26DOM
MLS® #: 190022318
ACTIVE, 26 Days on Market

CBRE is pleased to offer for sale Parkside Apartments, a 6-unit apartment complex immediately across from the newly built Sheriff substation. The units feature all 2 bedroom 2 bath layouts with over 940 square feet of living space, in-unit washer-dryer hookups, air conditioner wall units and kitchens with bay windows. The building offers a low maintenance pitched roof design, freshly painted stucco exterior and minimal landscaping upkeep. The staircases were also recently upgraded. With under market rents, this asset offers substantial rental upside of over $300 avg. per unit per month. The East County submarket was recently identified by CBRE Econometric Advisors as the highest rent growth and lowest vacancy submarket in San Diego county.

Essential Information

MLS® #: 190022318
Price: $1,195,000
Acres: 0.22
Type: Commercial
Sub-Type: Com-Res Income
Status: ACTIVE

Community Information

Address: 12370 Parkside St
Area: LAKESIDE (92040)
City: Lakeside
County: San Diego
State: CA
Zip Code: 92040

Amenities

Parking: Spaces

Interior

Cooling: Wall/Window
# of Stories: 2
Stories: 2 Story

Exterior

Roof: Composition
Construction: Stucco

Additional Information

Date Listed: April 25th, 2019
Days on Market: 26

Listing Details

Listing Office: CBRE

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS®, Inc.

Listing information last updated on May 21st, 2019 at 2:17pm PDT.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS®, Inc.

Listing information last updated on May 21st, 2019 at 2:17pm PDT.