9747 Riverview Avenue, Lakeside, California 92040
  • $2,899,000
  • $2,899,000

Overview

Property ID: PTP2400251
  • Multi Family, Commercial Sale
  • Property Type
  • 7134 Sqft
  • Area Size
  • 1960
  • Year Built

Description

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

  • Address: 9747 Riverview Avenue
  • State/county: CA
  • Zip/Postal Code: 92040

Details

Updated on May 8, 2024 at 4:34 pm
  • Property ID PTP2400251
  • Price $2,899,000
  • Property Size 7134 Sqft
  • Year Built 1960
  • Property Type Multi Family, Commercial Sale
  • Property Status Closed

Additional details

  • Listing Terms Cash, Conventional
  • County San Diego
  • Property Type Commercial Sale

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