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9760 Marilla Dr
Lakeside, CA 92040

Magnolia Terrace Apartment Homes · Residential Property For Sale · 54 Units

Investment Highlights

  • Best CAP rate in San Diego County for a building of this size
  • All Electric
  • Value Add Opportunity
  • Stable Tenant Base
  • Possible ADU Potential Due to Large Lot Size

PROPERTY FACTS

No. Units 54
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 1.26 AC
Building Size 70,000 SF
Average Occupancy 98%
Number of Floors 2
Year Built 1974
Parking Ratio 3.16/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Disposal
  • Microwave
  • Storage Space
  • Heating
  • Ceiling Fans
  • Eat-in Kitchen
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Range
  • Views
  • Walk-In Closets

Site Amenities

  • Courtyard
  • Fitness Centre
  • Laundry Facilities
  • Picnic Area
  • Property Manager on Site
  • Grill
  • Laundry Service
  • Package Service

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
Studios 36 £1,399 450
1+1 16 £1,564 650
2+1.5 2 £1,482 850

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
382-210-14
Land Assessment
£3,125,850
Improvements Assessment
£4,759,467
Total Assessment
£7,885,318

zoning

Zoning Code RU24, Lakeside
RU24, Lakeside
  • Listing ID: 28555345

  • Date on Market: 23/05/2023

  • Last Updated:

  • Address: 9760 Marilla Dr, Lakeside, CA 92040

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