12005 Lacie Ln - Multi-Family FOR SALE


Lakeside, CA 92040- Winter Gardens
$800,000 USD
619-990-5846
12005 Lacie Ln, Lakeside, CA for Sale
$800,000 USD
Multi-Family - FOR SALE
1/8
null | 2.38% Cap Rate

12005 Lacie Ln
Lakeside, CA 92040
Winter Gardens


HIGHLIGHTS

  • Value-add Potential
  • Big Lot
  • Off Street Parking

OVERVIEW

We are pleased to present 12005–12007 Lacie Lane — a 2-unit multifamily property offering investors a compelling value-add opportunity in a well-established residential neighborhood. The property consists of two units situated on a single parcel and presents an excellent opportunity for an investor or owner-occupant to renovate and reposition the asset to achieve higher market rents. Currently in value-add condition, the property allows a new owner to implement interior and exterior improvements that can significantly enhance both rental income and overall property value. With a functional layout and on-site parking, the property provides a strong foundation for upgrades such as modernized interiors, updated kitchens and bathrooms, and enhanced exterior appeal. Once improved, the asset has the potential to perform strongly within the surrounding rental market. Conveniently located near several local schools — including Winter Gardens Elementary School, Riverview Elementary School, and W.D. Hall Elementary School — the property benefits from a family-oriented neighborhood and consistent rental demand. With convenient access to nearby shopping, dining, and major transportation routes, 12005–12007 Lacie Lane presents investors with the opportunity to add value through renovations while benefiting from a stable and desirable rental location.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$505 USD /SF

# OF UNITS

2

PRICE/UNIT

$400,000

CAP RATE

2.38%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2 on Lacie Ln

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

388-533-33-00

ASK ABOUT THIS PROPERTY

Owen MeintsStarker West, IncMore Info
619-990-5846

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Owen MeintsStarker West, IncMore Info
619-990-5846

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