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Sold on 08/30/2019

8221-23 Jema Way, Lakeside, CA 92040

$824,000

Last sold 08/30/2019 for $485K

  • 5

    bed

  • 2

    bath

  • 1,690

    Sqft ($287/Sqft)

Multi-family not for sale
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About 8221-23 Jema Way

Property type Multi-family
Neighborhood
Year built 1977
HOA fee $0/month
Lot size 8,401 Sqft
Movoto estimate
Parking 1 garage spaces
Property description
Amazing investment opportunity (6.59 Cap Rate!!!) on this Lakeside duplex! 8221 is a 2/1 with 1 car attached garage (could be converted to 3rd bed) bathroom updated with granite vanity and has potential for increased income as it is currently rented below market. 8223 is a 3/1 with a large storage shed. It was painted & has new flooring within the last 2 years. Both units are somewhat updated and have good sized fenced back yards/pet run areas ideal for terraced gardening. Laundry areas in both units.
Listed by
Listing Agent - David A Goodman
Listing Office - RE/MAX United
Source: San Diego MLS mls logo
MLS#190025502 • last updated 6 years ago
Movoto checked San Diego MLS for data 1 hour ago
Overview
Cooling/AC Wall/Window
Levels/Style 1 Story
Status SOLD
Virtual Tour N/A
SubType Res Income 2-4 Units
MLS # 190025502
Lot Size (SqFt) 8401
Short Sale (Y/N) No
Year Built 1977
Interior
Exterior
Exterior Wood
Roof Other/Remarks
Lot Desc 7, 500-10, 889 SF
Fencing Full
Amenities / Utilities
Additional Property Use N/K
Security Features N/K
Location
Neighborhood Winter Gardens
County San Diego
Community LAKESIDE
Community Features N/K
Cross Street Short St
APN 388-552-49-00
Zoning R-2:MINOR
Directions Pepper Dr & Winter Garden Blvd, N To Winter Gardens Dr Go R To 1st L Continue On WGD Go R On Merrill, R On Short & R On Jema Way
Multifamily Details
Unit 2: Deposit 1800
Unit 2: Parking Desc Uncovered
Unit 2: # Bedrooms 3
Unit 1: Deposit 1200
Unit 1: Occupied Tenant
Unit 1: # Total Baths 1
Unit 2: # Total Baths 1
Unit :1 # of Full Baths 1
Unit 1: SqFt 800
Unit 2: Occupied Tenant
Unit 1: # Bedrooms 2
Unit 2: SqFt 890
Unit 1: Garage Desc Attached
Unit 2: Actual Rent 1800
Unit 2: # of Full Baths 1
# of Units w/Refrigerator 2
Total # of Units 2
# of Units w/Washers 2
# of Units w/Garage 1
# of Units w/Range/Oven 2
# of Units w/Patios 2
# of Units w/Dryers 2
# Units w/Cooling 2
Gross Rent Multiplier (Actual) 12.54
Gross Scheduled Income 40500
Lot/ Land Details
Frontage N/K
$824K
Range: $741K-$906K
Last 30 days 
  • Sep 2019
    mls logo MLS # 190025502
  • Sep 3, 2019 Sold
    $485,000
  • Aug 8, 2019 Pending
    —
  • Jul 27, 2019 Price Change
    $508,000 (-4.1%)
  • Jul 17, 2019 Price Change
    $529,900 (-1.7%)
  • Jun 28, 2019 Price Change
    $539,000 (-0.9%)
  • Jun 20, 2019 Price Change
    $544,000 (-1.1%)
  • May 26, 2019 Price Change
    $549,900 (-3.4%)
  • May 9, 2019 Listed
    $569,000 (+33.9%)
  • Aug 2019
    Public Records
  • Aug 30, 2019 Sold
    $485,000 (-4.5%)
  • Feb 2017
    Public Records
  • Feb 13, 2017 Sold
    $425,000
  • Year Property taxes Tax assessment
  • 2024
    $7,398 +3.9%
    $520,012 +2.0%
  • 2023
    $7,120 +2.1%
    $509,817
  • 2022
    $6,974 +1.4%
    $509,817 +4.04%
  • 2021
    $6,879 +2.0%
    $490,023
  • 2020
    $6,741 +8.5%
    $490,023 +1.04%
  • 2019
    $6,214 +2.4%
    $485,000 +9.69%
  • 2018
    $6,069 +106.9%
    $442,168 +137.29%
  • 2016
    $2,933 +0.4%
    $186,339
  • 2015
    $2,921
    —
  • 8221-23 Jema Way
    $485K
  • Winter Gardens
    —
  • 92040
    $755K -2% y/y
  • Lakeside
    $757K -2% y/y
No chart available
Statistics calculated by Movoto

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