Sold
Closed
9747 Riverview Avenue
Lakeside CA, 92040
$2,525,000
$353.94 per sqft
Sold
Closed
7,134 sqft
Commercial
Built in 1960
Listed by Athir Markos with Keller Williams Realty 619-504-7999
Motivated Seller!! Take a look at this great investment opportunity. 9747 Riverview Ave in Lakeside, CA, presents a unique investment opportunity. This property is exceptionally well-maintained and offers investors the potential to add value in a thriving urban rental market. Notably, the area is experiencing ongoing investments, both public and private, which are enhancing its overall desirability and quality." Well-maintained 12-unit apartment complex consisting of approximately 7,134 rentable square feet situated on a 22,904 square foot lot. The unit mix consists of one 2 bed / 2 bath, three 2 bed / 1bath, eight 1 bed / 1 bath. On-site laundry facilities. Each unit ensures tenant satisfaction and consistent occupancy rates. Currently operating at full capacity with a 100% occupancy rate, This investment holds the potential for robust cash flow, offering the prospect of significant returns. Don't miss out on the chance to capitalize on this commercial investment gem. Secure your stake in a future of steady returns. This is truly an incredible opportunity to acquire a well-maintained property with strong rental upside
PTP2400251
MLSⓇ ID
January 12, 2024
Listed
November 22, 2024
Updated
Map
9747 Riverview Avenue
Lakeside CA, 92040
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
22,904 Acres
Lot Features
11-15 Units/Acre
Other Property Details
Area Name
92040 - Lakeside
Days on Market
47
Garage
No
Parking Total
0
View
No
County
San Diego
Pool
No
Zoning
R-3:RESTRICTED MULTIPLE
Listing History
Date | Event | Price |
|---|---|---|
4/15/2024 | Sold | $2,525,000 |
3/22/2024 | Pending | — |
1/22/2024 | Price change | $2,899,000 -4% |
Listing Contact: 619-873-2700
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 11/22/2024 at 7:09 PM UTC