Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

3

Year built

1965

Stories

2

Cooling

Central Air

Status

Active

Days on market

0

MLS #

247430708

About this property

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.

Location

57 Winter Gardens Blvd

Lakeside, San Diego, CA, 92040