12651 Laurel St - Apartments FOR SALE


Lakeside, CA 92040
$2,525,000 USD
760-458-2575
12651 Laurel St, Lakeside, CA for Sale
$2,525,000 USD
Apartments - FOR SALE
1/15
null | 4.8% Cap Rate

12651 Laurel St
Lakeside, CA 92040


HIGHLIGHTS

  • Generous number of Parking spots
  • Excellent location close to freeways and shopping
  • Great upside potential

OVERVIEW

The Silva Group Proudly present Laurel Landing, a well-maintained and high-performing multifamily investment opportunity in the heart of Lakeside. This attractive property consists of eight spacious two-bedroom, one-bath apartment homes situated on approximately 13,719 square feet of land. Built in 1983, the property encompasses approximately 6,528 square feet of rentable building area and has been thoughtfully maintained to provide stable, low-maintenance ownership. Designed with tenant comfort in mind, each residence features air conditioning, an in-unit stacked washer and dryer combination, and individually metered gas and electric service, allowing residents to control their own utility costs while reducing owner expenses. The ground-floor units enjoy the added benefit of private fenced yards, a highly desirable amenity that enhances tenant appeal and retention. The property offers 13 on-site parking spaces, providing ample parking for residents and guests. With its efficient layout, modern conveniences, and durable construction, Laurel Landing presents investors with an exceptional opportunity to acquire a stable investment.

FOR SALE DETAILS

PRICE

$2,525,000 USD

PRICE/SF

$387 USD /SF

# OF UNITS

8

PRICE/UNIT

$315,625

CAP RATE

4.8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

LAUREL LANDING

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

R3

APN/PARCEL ID

394-560-01

ASK ABOUT THIS PROPERTY

Tony SilvaBerkshire Hathaway HomesServices CaliforniaMore Info
760-458-2575

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Tony SilvaBerkshire Hathaway HomesServices CaliforniaMore Info
760-458-2575

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