SOLD 04/03/2024
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Commercial sold for $2,525,000 in 83 days
9747 Riverview Ave Lakeside, CA, 92040
Off the market Comm Ind For Sale
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
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Property details
7,134 sqft interior area
Address
9747 Riverview Ave, Lakeside, CA, 92040
City of California
Lakeside
County
San Diego
Previous price
$2,899,000
Year Built
1960
District
Listing
Virtual Tour
Nearby major retailers
Costco
Costco Tire Center
Walmart Neighborhood Market
Walmart
T-Mobile
Toyota
Lowe's
Walmart Supercenter
Albertsons Supermarket
Wholesale: 1
Tyres: 1
Supermarket: 7
Mobile phone: 3
Car: 1
Do it yourself: 1
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Listed by
Athir Markos, Keller Williams Realty
Name
Athir Markos
License number
02024154
Brokerage company
Keller Williams Realty
MLS #
CRPTP2400251
Buyer agent
Name
Datashare Cr Don't Delete Default Agent
Brokerage company
Datashare CR Default Office Don't Delete
Payment calculator
Calculate your monthly payments
Mortgage
$7,753
Taxes
$0
HOA dues
$0
Mortgage
$505,000 / 20%
2.28%
30 years
Your amount
$7,753 / month
Lot details
TMK #3820711800
Parcel nr.
3820711800
92040 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 92040
44%
Families with children
National average: 39%
27%
Non family households
172,615
Population
$86,703
Average Income
Age & gender
Median age 37 years
More info
Commute types
91% commute by car
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Education level
30% have high school education
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Number of employees
7% work in education and healthcare
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Vehicles available
39% have 2 vehicle
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Vehicles by gender
39% have 2 vehicle
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Housing market insights for
$646.41k
Neighborhood average
sales price*
sales price*
$680k
Neighborhood median
sales price*
sales price*
203
Number
of sales*
of sales*
Housing type
52% are single detacheds
More info
Rooms
41% of the houses have 4 or 5 rooms
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Bedrooms
67% have 2 or 3 bedrooms
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Owners vs Renters
61% are owners
More info
14.83 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Apr 3, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 3, 2024 | Sold | $2,525,000 | 0 | Public Record |
| Apr 3, 2024 | Price Decrease | $2,525,000 -12.9% | 0 | MLS #CRPTP2400251 |
| Mar 22, 2024 | Pending | $2,899,000 | 0 | MLS #CRPTP2400251 |
| Jan 23, 2024 | Price Decrease | $2,899,000 -3.04% | 0 | MLS #CRPTP2400251 |
| Jan 12, 2024 | New Listing | $2,990,000 -1.15% | 0 | MLS #CRPTP2400251 |
| Jan 1, 2024 | Unavailable | $3,024,900 | 0 | MLS #CRPTP2304880 |
| Nov 24, 2023 | Temporarily Withdrawn | $3,024,900 | 0 | MLS #CRPTP2304880 |
| Nov 24, 2023 | Price Decrease | $3,024,900 | 0 | MLS #CRPTP2304880 |
| Oct 24, 2023 | Unavailable | $3,025,000 | 0 | MLS #CRPTP2304880 |
| Oct 5, 2023 | New Listing | $3,025,000 | 0 | MLS #CRPTP2304880 |
Taxes of 9747 Riverview Ave, Lakeside, CA, 92040
R-3: zoning / MLS #CRPTP2400251
Zoning
R-3:
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Frequently Asked Questions about 9747 Riverview Ave
What is 9747 Riverview Ave?
9747 Riverview Ave is a Commercial/Industrial propertywith 7,134 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
9747 Riverview Ave, Lakeside, CA, 92040.
What comparable properties are nearby?
Comparable nearby commercial properties include 12307 Willow Rd, 1100 N 2nd St, 4901 Porter Hill Rd, 9953 San Juan St, 7480 El Cajon Blvd, 757 Grand Ave.
Based on information from the bridgeMLS as of 05-14-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: May 08, 2024
Verhouse Last checked less than a minute ago
The closest grocery stores are Albertsons Supermarket, 0.36 miles away and Vons 2366, 0.71 miles away.
The 92040 zip area has a population of 172,615, and 44% of the families have children. The median age is 37.21 years and 91% commute by car. The most popular housing type is "single detached" and 61% is owner.
