This incredible property offers unmatched versatility and income potential. Main House it has 1,841 Sqft: Features 4 spacious bedrooms and 2 full bathrooms, providing comfort and functionality for a large family. Additional Building has 1,669 Sqft: Includes 5 rooms, 1 studio with a full bath, 1 Room with 1/2 bath, a common dining area, common kitchen, and a shared bathroom equipped with 2 showers and 2 toiletsperfect for extended family, guests, or rental income. Multi-Purpose Structure has 3,494 Sqft: This space is a game-changer! With 5 rooms, 1 storage/closet, 1 full bath, a kitchen. Kitchen has drainage connections ready to install a sink, plus a central A/C unit, this structure can be used as event space, office suites, or as bedrooms for additional rental income. Two fully equipped non-motorized RVs with full utility hookups, providing additional rental or guest accommodation options. Laundry Facilities: Includes a dedicated laundry room with 2 washers and 2 dryers for tenant convenience. Equestrian Ready: The property also boasts 4 horse corrals, 1 horse arena making it ideal for horse enthusiasts. Energy Efficient: Equipped with solar panels, connected to city water, and propane tank(lease) for added convenience. Outdoor Cooking Area: Includes a dedicated pit for cooking goat, lamb, and more, perfect for hosting gatherings or special events. Income Potential: Fully rented, main house, the additional structures and trailers generate an impressive $16,400 in monthly rental income, offering an outstanding return on investment! Beyond rentals, the space is versatile enough to host events, create office spaces, and much more. This property is more than just a home; it’s a strategic investment with limitless possibilities! Previously, it has served as a church, a rehab center for 40 yrs, and an event venue, showcasing its adaptability and potential for various uses like children or adult daycare. Don’t miss out on this unique opportunity!!!
MLS# | PTP2501495 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1943 |
Days On Site | 50 |
Listing Provided By | Premier Agency R.E. Inc 619-730-3003 | Alex Ortega |
SQ Feet | 7,004 |
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Story(s) | 2 |
Units | 3 |
Building(s) | 1 |
Zoning | R-1:SINGLE FAM-RES |
Acreage | 4.00 |
State | CA |
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County | San Diego |
City | Lakeside |
Zip Code | 92040 |
Area | 92040 Lakeside |
Listing VS Median (In 92040) | |
Price: $1,699,000 low | high Med: $749,995 SqFt: 7,004 low | high Med: 1,252 $ / SqFt: $243 low | high Med: $599 On site: 50 low | high Med: 30.000000 |