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FOR SALE
$1,080,000
10305 Ashwood St

LAKESIDE, CA 92040
2-4 Units
MLS Number: 110038299
Estimated Payment (Monthly)
 
Property Information
 
Type:Two to Four Units
Style:2-4 Units
Size:2,312 SqFt
Year Built:1993
Lot Size:625522 Acres
Lot Dimensions:1320X950 Feet
Property Photos
Property Description
VARIANCE GRANTED FOR 2-4 UNITS; ANOTHER HUGE PRICE REDUCTION! 4.70% CAP RATE AND 6.84% PROJECTED; GORGEOUS 14.36 ACS; ENTIRE HILLTOP; 360 VIEWS OF EL CAPITAN MTNS; 300 YDS FROM SD RIVER SO PLENTIFUL WATER FOR 700 FT WELL; 7 BUILDING PADS; $2,850 RENT FOR 3 MOBILE HOMES + $2,000 RENT FOR MAIN HOUSE; IRRIGATED AT ENORMOUS EXPENSE; 35 PRODUCTIVE CITRUS TREES: ORANGE,LEMON,GRAPEFRUIT; 2 AUTO GATES NORTH SOUTH FOR SECURE ACCESS; HUGE 1370 SF 6 CAR GARAGE/WORKSHOP+4 CARPORT.
Property Features
Approx # of Acres:14.36
Boat Facilities:N/K
Community:LAKESIDE
Complex/Park:N/K
Cross Street(s):Mapleview Street
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
Frontage:Canyon , Open Space
Additional Property Use:Grove
Lot Size:10+ to 20 AC
Map Coordinates:1232B2
# of Units:4
Pool:N/K
Age Restrictions:N/K
Security:Gated Community , Automatic Gate
Exterior:Metal
Spa:N/K
House #:10305
Neighborhood:Lakeside
Supplement:STRATEGIC , SWEET SPOT LOCATION AT THE CENTER OF LAKESIDE ACROSS FROM EL CAPITAN HIGH SCHOOL WITH OVER 1/4 MILE OF FRONTAGE ON ASHWOOD ST , WHICH IS THE MAIN ROAD TO BARONA CASINO! $86 , 495 NET RENT PER YEAR GIVING YOU A 5.24% CAP RATE (6.73% PROJECTED) RETURN PLUS YOU GET 14.36 ACRES OF GORGEOUS HILLTOP WITH TRUE 360 PANORAMIC VIEWS AND EXCELLENT DEVELOPMENT POTENTIAL! MAIN HOUSE HAS ENORMOUS ATTACHED 1370 SF GARAGE AND WORKSHOP WITH TWO TRUCK-SIZED GARAGE DOORS FOR 6 CARS/TRUCKS WITH ADDITIONAL DETACHED HIGH CLEARANCE CAR-TRUCK-PORT ADDING ANOTHER 4 COVERED GARAGE SPACES FOR A TOTAL OF 10 INDOOR OR COVERED GARAGE SPACES! TOO MUCH TO SAY; ONCE YOU SEE IT , YOU WILL BUY IT! $7 , 850 MONHTLY CASH FLOW; ALL RENTS COULD EASILY BE HIGHER , PRODUCING ALMOST $10K/MONTH CASH FLOW. LOW LANDLORD COSTS DUE TO WELL WATER AND TENANTS PAY ALL OTHER UTILITIES; $3 , 000/MONTH CELL TOWER CONTRACT HAS UNHEARD OF 3.5% ANNUALLY COMPOUNDED ESCALATION CLAUSE , WELL AHEAD OF INFLATION; A GORGEOUS , TRULY UNIQUE PROPERTY ENCOMPASSING ENTIRE STRATEGICALLY LOCATED FOOTHILL AND RIDGE HILLTOP.
Telecommunications:Cable (coaxial) , Computer (cat5) , Multiple Phones , Antenna
View:Lake/River , Mountains/Hills , Panoramic , Valley/Canyon , Evening Lights
Water:Well on Property
Water District:LAKESIDE WATER DISTRICT
Zoning:R1
Complex Features:RV/Boat Parking , Recreation Area , Horse Trails , Gated Community , Biking/Hiking Trails
Cooling:Central Forced Air
Irrigation:Manual , Sprinklers
Miscellaneous:Horse Allowed , Outbuilding , Horse Trails , Dog Run
Sewer/Septic:Septic Installed
Unit 3 Estimated SqFt:1400
# of Full Baths (2):2
Heat Equipment:Forced Air Unit
# of Units w/ Range/Oven:4
Unit 4 Estimated SqFt:1400
# of Full Baths (3):2
# of Bedrooms (1):4
# of Full Baths (4):2
# of Bedrooms (2):2
# of Units w/ Washers:1
# of Bedrooms (3):2
Pets:Yes
Unit 2 Laundry Hook Ups:Yes
# of Bedrooms (4):2
Topography:Slope Gentle , Slope Steep , Level
Tenant Pays:Cable TV , Electricity , Gas/Propane , Hot Water , Water
# of Units w/ Cooling:1
# of Units w/ Refrigerators:1
# of Units w/ Fireplaces:2
Unit 3 Laundry Hook Ups:Yes
Stories:2 Story
Unit SqFt:6512
# of Units w/ Dryers:1
# of Units w/ Patios:3
# of Units w/ Dishwashers:4
# of Units w/ Garages:1
Unit 1 Laundry Hook Ups:Yes
Unit 2 Estimated SqFt:1400
Unit 4 Laundry Hook Ups:Yes
# of Full Baths (1):2
Zip/Area:LAKESIDE (92040)
Tax Parcel:10305Ashwood92040
Jurisdiction:Unincorporated
Market Area:East County
# of Half Baths (1):1
# of Total Baths (1):3
# of Total Baths (2):2
# of Total Baths (3):2
# of Total Baths (4):2
CFD/Mello-Roos Fee Reflects:N/K
Construction:Built on Site
Frontage Dimensions in Feet:1320
Heat Source:Propane , Wood
Home Owner Fee Reflects:None Known
Land Use Code:SFR
Other Fees Reflect:None Known
Parking for RV:On-Site Parking
Parking Garage Desc.-Unit 1:Attached , Detached , Tandem
Parking Garage Desc.-Unit 2:N/K
Parking Garage Desc.-Unit 3:N/K
Parking Garage Desc.-Unit 4:N/K
Parking Garage Spaces - Unit 1:10
Parking Non-Garage Desc-Unit 1:Gated , Tandem , Uncovered
Parking Non-Garage Desc-Unit 2:Gated , Tandem , Uncovered
Parking Non-Garage Desc-Unit 3:Gated , Tandem , Uncovered
Parking Non-Garage Desc-Unit 4:Gated , Tandem , Uncovered
Parking Non-Garage Spac-Unit 1:20
Parking Non-Garage Spac-Unit 2:8
Parking Non-Garage Spac-Unit 3:8
Parking Non-Garage Spac-Unit 4:8
Parking Spaces Total - Unit 1:30
Parking Spaces Total - Unit 2:8
Parking Spaces Total - Unit 3:8
Parking Spaces Total - Unit 4:8
Pool Heat:None Known
Roof:Metal
Spa Heat:None Known
Unit Number for Unit (1):1
Unit Number for Unit (2):2
Unit Number for Unit (3):3
Unit Number for Unit (4):4
Unit 1 Exclusive Use Yard:Yes
Unit 2 Exclusive Use Yard:Yes
Unit 3 Exclusive Use Yard:Yes
Unit 4 Exclusive Use Yard:Yes
Water Heater Type:Propane
Sales Restrictions:N/K
Listing Provided Courtesy of
Robert Carlson Nelson
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COMMENTS
PRESENTED BY
Melissa A. Santich

California Equestrian Properties
 
619-749-4324
619-562-6660
619-562-6633
msantich@cox.net
 
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