Skip To Content

12157 Gay Rio

Lakeside, CA 92040
  • $875,000
  • STATUS: PENDING
  • ON SITE: 29 Days
  • ID#: 240021655
Pending
UPDATED: 25 min ago
$875,000
  • 4
    BEDS
  • 0.35
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,400
    SQFT
  • $365
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1974
County:

School Ratings & Info

Description

Rarely available investment opportunity or live in one, rent the other! Two spacious 2br/1ba units, each with its own attached two-car garage with laundry and extra storage below the upper levels. New $50K roof with 5" insulating underlayment and new gutters, termite clearance done. One unit updated with new dual-pane vinyl windows, two mini-split AC/heat pumps, fresh paint, vinyl plank flooring, butcher block counters, electric fireplace and more. Lots of driveway parking with potential room for boat/RV plus a second driveway below the units. Private hillside location surrounded by single-family homes offers seclusion and views across the valley.

Monthly Payment Calculator

San Diego MLS logo 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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/155090173
Print Image

12157 Gay Rio Lakeside, CA 92040

  • Price: $875,000
  • Status: PENDING
  • On Site: 29 Days
  • Updated: 25 min ago
  • ID#: 240021655
4
Beds
2
Baths
0
½ Baths
0.35
Acres
2,400
SQFT
$365
$/SQFT
1974
Built
Neighborhood:
Lakeside
County:
San Diego
Area:
Lakeside (92040)
Property Description
Rarely available investment opportunity or live in one, rent the other! Two spacious 2br/1ba units, each with its own attached two-car garage with laundry and extra storage below the upper levels. New $50K roof with 5" insulating underlayment and new gutters, termite clearance done. One unit updated with new dual-pane vinyl windows, two mini-split AC/heat pumps, fresh paint, vinyl plank flooring, butcher block counters, electric fireplace and more. Lots of driveway parking with potential room for boat/RV plus a second driveway below the units. Private hillside location surrounded by single-family homes offers seclusion and views across the valley.
Exterior Features

Exterior StuccoWoodWood/Stucco Fencing Partial Irrigation N/K Parking For RV Potential Space Parking Garage Desc Unit1 Attached Parking Garage Desc Unit2 Attached Parking Garage Spaces Unit1 2 Parking Garage Spaces Unit2 2 Parking Non Garage Desc Unit1 Uncovered Parking Non Garage Desc Unit2 Uncovered Pool N/K Pool Heat None Known Roof Composition Site Private Street Spa N/K Spa Heat None Known Topography Slope Steep Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 2 Units With Patios 0 View Mountains/Hills

Interior Features

Cooling Other/Remarks Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Heat Equipment Other/Remarks Heat Source ElectricPropane Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Units With Cooling 1 Units With Dishwashers 1 Units With Dryers 0 Units With Fireplaces 1 Units With Range Oven 2 Units With Refrigerators 0 Units With Washers 0 Water Heater Type Electric

Property Features

Actual Cap Rate 6.5 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 3250 Association ID San Diego Association of REALTORS (SDAR) Buildings 1 Cfd Mello Roos Fee 0.0 Complex Features N/K Complex Park N/A Cross Streets Winter Gardens Gross Rent Multiplier Actual 6.58 Gross Scheduled Income Actual 21000 Gross Scheduled Income Project 57600 Home Owners Assoc Fee Includes N/K Home Owners Fees 0.0 Mandatory Remarks None Known Market Area East County Miscellaneous N/K Monthly Total Fees 0 Other Fee Type N/K Other Fees 0.0 Other Income Actual 0 Possession Call Listing Agent Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Telecommunications N/K Tenant Pays TrashElectricityGas/PropaneHot Water Terms CashConventionalFHAVA Unit Number For Unit1 A Unit Number For Unit2 B Unit1 Deposit 1600 Unit1 Occupied Tenant Unit1 Projected Rent 2200.0 Unit1 Rent Actual 1750.0 Unit2 Deposit 0 Unit2 Occupied Vacant Unit2 Projected Rent 2600.0 Unit2 Rent Actual 0.0 Water Meter on Property

San Diego MLS logo Listing provided courtesy of Dave Rice of Valley View Properties: 619-889-7003. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo 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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_240021655-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_240021655-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_1_240021655-2.jpg
Logo
Red Tree Realty
4138 Napier St.
San Diego CA, 92110