11535 Rocky Ln - Apartments FOR SALE


Lakeside, CA 92040- Outlying Poway/Santee/Ramona
$1,100,000 USD
516-361-8552
11535 Rocky Ln, Lakeside, CA for Sale
$1,100,000 USD
Apartments - FOR SALE
1/15
null | 5.02% Cap Rate


HIGHLIGHTS

  • Over 8 acres!
  • 3 one car garages + 1000 sq ft garage

OVERVIEW

Palma Commercial is proud to present a rare investment and lifestyle opportunity in the peaceful countryside of Lakeside. Situated on 8.05 acres against a dramatic mountain backdrop, this property offers privacy, space, and versatility rarely found in San Diego County. The three residences total 4,476 rentable sq. ft. and include: a spacious 2 bed / 2.75 bath home, a 2 bed / 1.5 bath unit, and a 1 bed / 1 bath unit. Complementing the living spaces are a large 1,000 sq. ft. garage, four additional garages (one designed as a workshop), plus ample room for parking, storage, or future possibilities. Each unit has their own washer/dryer in the garage. Whether you’re seeking rental income, multi-generational living, or the chance to enjoy country living with city conveniences nearby, this property delivers. With its expansive land, open space, and serene rural setting, this is a one-of-a-kind opportunity in Lakeside.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$246 USD /SF

# OF UNITS

3

PRICE/UNIT

$366,667

CAP RATE

5.02%

% LEASED

66%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1992

PARKING SPACES

4

LAND DETAILS

LAND ACRES

8.05 AC

LAND SF

350,658 SF

ZONING

A70

APN/PARCEL ID

391-080-15-00

ASK ABOUT THIS PROPERTY

Scott EdelsteinPalma CommercialMore Info
516-361-8552

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Scott EdelsteinPalma CommercialMore Info
516-361-8552

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.