8549 51 Winter Gardens Blvd, Lakeside, CA 92040

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List Price
$900,000
Status
ACTIVE
MLS#
260023354SD
Year Built
1955
Days on Market
2
Property Type
Multifamily
Stories
One Level
Neighborhood
Lakeside

Property Description

CBRE is pleased to present 8549-51 & 8555-57 Winter Gardens Blvd., a rare opportunity to acquire well maintained, 6-unit apartment building in one of San Diego’s fastest growing submarkets. Offered together or as separate triplexes, the two buildings are spread across two contiguous parcels. The property consists of mainly spacious three bedroom townhomestyle units. Built and maintained by a licensed contractor, the asset is in great condition, with updated systems and renovated interior units. Select unit features include central HVAC, in-unit laundry, twostory floor plans, and ample parking spaces with four (4) private garages. These premium amenities drive above-average renter demand, reduce turnover, and support top-of-market rents for the submarket. The majority three-bedroom configuration represents the highest-demand unit type in East County, where large-format units consistently outperform the broader rental market. Located along the Winter Gardens Boulevard corridor with direct access to Highway 67, the property benefits from strong submarket fundamentals driven by continued affordability migration from coastal San Diego. Immediate retail neighbors include Albertsons, Grocery Outlet, Walgreens, and Starbucks, with Downtown Lakeside minutes away. The property is directly adjacent to Winter Gardens Elementary School and other community parks. 8549-51 & 8555-57 Winter Gardens Blvd offers first-time investors or seasoned apartment owners an opportunity to purchase an extremely well-maintained property with strong cash flow in place.

Additional Information

Cooling
Yes
Cooling Description
Central Air
Roof
Wood
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$86,580

Listing courtesy of Listing Agent: Michael Greiner (michael.greiner@cbre.com) from Listing Office: CBRE.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.