Residential Income Property with Remodeled
18-13490 Highway 8 Business, Lakeside, CA 92040
For Sale
$92,000
One-bedroom home in an all-age community with access to shared recreational amenities.
Property Size460 SF
Price / SF$200
Days on Market113
Property Features for 18-13490 Highway 8 Business
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
swimming pool
jacuzzi
community center
Building Details
Construction
Listing Agency:
eXp Realty of California, Inc.
(888) 584-9427
Listed By:
Cesar Martinez
(619) 895-1335
Source:
Exprealty
Added: Jul 25
Changed: Nov 13
Last Checked: Nov 12 at 10:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty of California, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 460-square-foot residential income property is a one-bedroom, one-bath mobile home positioned at a cul-de-sac. The bathroom has been fully remodeled, and the home includes a backyard with a view.
The property is part of Rancho La Vista, an all-age community at 18-13490 Highway 8 Business in Lakeside, CA. Community amenities include a swimming pool, jacuzzi, and community center.
The property is part of Rancho La Vista, an all-age community at 18-13490 Highway 8 Business in Lakeside, CA. Community amenities include a swimming pool, jacuzzi, and community center.
Key Highlights
- 460‑square‑foot one‑bedroom, one‑bath mobile home
- Fully remodeled bathroom
- Cul‑de‑sac setting with a backyard view
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,643
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$152,860
$152.9K
Cap Rate 7%
$109,186
$109.2K
Cap Rate 9%
$84,922
$84.9K
Market Conditions
NOI Build-Up for 460 SF
Gross rent
$14.6K $31.80/SF
− Vacancy
−$731 −$1.59/SF
EGI
$13.9K $30.21/SF
− OpEx
−$6.3K −$13.59/SF
NOI
$7.6K $16.62/SF
Area
San Diego County, CA
Vacancy
5.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$152,860
Cap Rate 7%
$109,186
Cap Rate 9%
$84,922
Alternative Uses
Best Use
Apartment 5plus
$109.2K
$95.5K – $127.4K
NOI $7,643 @ 7.0% cap · market cap 8.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$210.8K
$184.4K – $245.9K
NOI $14,753 @ 7.0% cap · market cap 16.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
243
Businesses Nearby
Explore this area
Business Placement
Demographics for 92040, CA
43,640
Population
16,147
Households
2.7
Avg Household Size
39
Median Age
25%
College-Educated
93%
High-School Grad
67.2 sq mi
ZIP Area
649
Density / Sq Mi
$103,585
Median Household Income
$49,413
Median Earnings
$1,908
Median Rent
$648,800
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in San Diego County, CA
Properties on Market for Residential income properties in San Diego County
Frequently Asked Questions
What type of property is this?
Residential income property - One-bedroom home in an all-age community with access to shared recreational amenities.
Where is this residential income property located?
The property is located at 18-13490 Highway 8 Business Lakeside, CA.
What is the asking price?
The asking price for this property is $92,000.
What are key features of this property?
This property features: 460‑square‑foot one‑bedroom, one‑bath mobile home; Fully remodeled bathroom; Cul‑de‑sac setting with a backyard view
