ANOTHER BIG PRICE REDUCTION! $4,850 RENT/MONTH 4.70% CAP RATE;6.84% PROJECTED;GORGEOUS SEE 4EVER! 14+ACS; ENTIRE BASE HILLTOP W/PANO 360 VIEWS OF EL CAPITAN MTNS; 300 YDS SOUTH OF SD RIVER SO PLENTIFUL WATER FOR 700 FT DEEP WELL; 7 BUILDING PADS; 3 MOBILE HOMES ($2,850); MAIN HOUSE ($2,000); 14 ACRES IRRIGATED AT ENORMOUS EXPENSE; 35 HIGHLY PRODUCTIVE FRUIT TREES: ORANGE,BLOOD ORANGE, LEMON, GRAPEFRUIT;2 AUTO GATES NORTH SOUTH SECURE ACCESS; ENORMOUS 1370 SF 6 CAR GARAGE/WORKSHOP + 4 CARPORT/WORKSHOP.
Property Features
Approx # of Acres:
14.36
Boat Facilities:
N/K
Community:
LAKESIDE
Complex/Park:
N/K
Cross Street(s):
Mapleview
Directions To Property:
I-67 East;Exit Mapleview;turn RT;LFT on Ashwood;On right 2 sets of black iron gates separated by 1/4 mile define west prop.line.
Fencing:
Partial , Gate
Frontage:
Open Space
Additional Property Use:
Grove
Lot Size:
10+ to 20 AC
Pool:
N/K
Age Restrictions:
N/K
School District:
Lakeside Union
Security:
Automatic Gate
Exterior:
Metal
Spa:
N/K
House #:
10305
Neighborhood:
Lakeside
Supplement:
STRATEGIC , SWEET SPOT LOCATION IN THE CENTER OF LAKESIDE ACROSS FROM EL CAPITAN HIGH SCHOOL WITH OVER 1/4 MILE FRONTAGE ON ASHWOOD ST , THE MAIN ROAD TO BARONA CASINO! $50 , 495 NET ($58 , 200 GROSS) RENT PER YEAR GIVING YOU A 4.70% CAP RATE RETURN AND 6.84% PROJECTED; PLUS YOU GET 14.36 ACRES OF GORGEOUS HILLTOP 360 PANORAMIC VIEWS WITH FURTHER EXCELLENT DEVELOPMENT POTENTIAL! MAIN HOUSE HAS ENORMOUS ATTACHED 1370 SF GARAGE AND WORKSHOP WITH TWO TRUCK-SIZED GARAGE DOORS WITH ROOM FOR 6 CARS/TRUCKS WITH ADDITIONAL DETACHED SUPER HIGH CLEARANCE CAR-TRUCK-PORT ADDING ANOTHER 4 COVERED GARAGE SPACES FOR A GRAND TOTAL OF 10 INDOOR OR COVERED GARAGE SPACES! TOO MUCH TO SAY; $4 , 850 GROSS MONTHLY CASH FLOW AND $6 , 800 PROJECTED; GORGEOUS , TRULY UNIQUE PROPERTY EMCOMPASSING ENTIRE HILL.
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