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Emerald Grove 9420 Emerald Grove Ave 3 Unit Apartment Building $1,157,317 CAD ($385,772 CAD/Unit) 4.50% Cap Rate Lakeside, CA 92040

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EXECUTIVE SUMMARY

Please see attached floor plan

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $62,073 $24.81
Other Income - -
Vacancy Loss - -
Effective Gross Income $62,073 $24.81
Taxes - -
Operating Expenses - -
Total Expenses $9,932 $3.97
Net Operating Income $52,141 $20.84

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $62,073
Annual Per SF $24.81
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $62,073
Annual Per SF $24.81
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $9,932
Annual Per SF $3.97
Net Operating Income (CAD)
Annual $52,141
Annual Per SF $20.84

PROPERTY FACTS

Price $1,157,317 CAD
Price Per Unit $385,772 CAD
Sale Type Investment
Cap Rate 4.50%
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Lot Size 0.55 AC
Building Size 2,502 SF
Average Occupancy 100%
No. Stories 2
Year Built 1958
Zoning VR - Village Residential 7.3 units/acre

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Storage Space
  • Washer/Dryer Hookup
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Views
  • Carpet
  • Yard
  • Basement
  • Deck

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 2 $2,535 CAD 744 - 1,158
1+1 1 $1,104 CAD 600
  • Listing ID: 38608780

  • Date on Market: 2025-12-01

  • Last Updated:

  • Address: 9420 Emerald Grove Ave, Lakeside, CA 92040

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