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    1020 Barrett Lake Road

    Dulzura, CA 91917
    • $1,299,000
    • STATUS: ACTIVE
    • ON SITE: 50 days
    • ID#: 302972562
    UPDATED: 49 min ago
    $1,299,000
    • 0
      BEDS
    • 13.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Beautiful property with so much potencial here! For sale are TWO parcels, 652-020-10-00 & 652-020-1100. FIRST parcel Consist of 3.96 acres with a 3 bedroom 2 bath home currently rented for $1680 Monthly, a 1 bedroom currently rented for $700, a 1 bedroom that was rented for $800 monthly, 2 vacant studios, and a well established restaurant, THE BARRETT JUNCTION CAFE, Temporarily closed due to Covid. Restaurant has a current 47 liquor license that conveys. Restaurant was on its 20 year anniversary in 2020. Beautiful property with so much potencial here! For sale are TWO parcels, 652-020-10-00 & 652-020-1100. FIRST parcel Consist of 3.96 acres with a 3 bedroom 2 bath home currently rented for $1680 Monthly, a 1 bedroom currently rented for $700, a 1 bedroom that was rented for $800 monthly, 2 vacant studios, and a well established restaurant, THE BARRETT JUNCTION CAFE, Temporarily closed due to Covid. Restaurant has a current 47 liquor license that conveys. Restaurant was on its 20 year anniversary in 2020. It has been popular local and destination outing place known for its "Endless Fish Fry". Many car, bike, hiking... Clubs sought out this restaurant for their events year after year! Someone with a vision can bring this Restaurant back to par! ALL health, business & liquor licenses are up to date. Two wells on this parcel and 1000 gallon poly septic. SECOND Parcel consist of 9.22 acres that is currently being rented to SDGE for $3160 a month. This parcel has Two Wells and a septic. Wells have TWO 10,000 water containers used to sell water to Cal fire, water trucks, construction sites when needed. So much potential on this property. Current Total income now is $5400 without counting temporarily closed restaurant and 3 current vacant homes. Property is located 10 minutes from Tecate border and 20 minutes to Jamul. ADDRESS IS 1020 BARRETT LAKE ROAD & HIGHWAY 94 FOR BOTH PARCELS. BEING SOLD TOGETHER WITH RESTAURANT BUSINESS, 5 HOMES, AND APPROX 13.18 ACRES. Buyer to verify all zoning, sizes, condition, expenses, future potential for these properties with county of San Diego.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.lajollaagent.com/homes/112257411
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    1020 Barrett Lake Road Dulzura, CA 91917

    • Price: $1,299,000
    • Status: ACTIVE
    • Updated: 49 min ago
    • ID#: 302972562
    0
    Beds
    0
    Baths
    0
    ½ Baths
    13.18
    Acres
    Neighborhood:
    San Diego
    County:
    San Diego
    Area:
    Dulzura (91917)
    Property Description
    Beautiful property with so much potencial here! For sale are TWO parcels, 652-020-10-00 & 652-020-1100. FIRST parcel Consist of 3.96 acres with a 3 bedroom 2 bath home currently rented for $1680 Monthly, a 1 bedroom currently rented for $700, a 1 bedroom that was rented for $800 monthly, 2 vacant studios, and a well established restaurant, THE BARRETT JUNCTION CAFE, Temporarily closed due to Covid. Restaurant has a current 47 liquor license that conveys. Restaurant was on its 20 year anniversary in 2020. Beautiful property with so much potencial here! For sale are TWO parcels, 652-020-10-00 & 652-020-1100. FIRST parcel Consist of 3.96 acres with a 3 bedroom 2 bath home currently rented for $1680 Monthly, a 1 bedroom currently rented for $700, a 1 bedroom that was rented for $800 monthly, 2 vacant studios, and a well established restaurant, THE BARRETT JUNCTION CAFE, Temporarily closed due to Covid. Restaurant has a current 47 liquor license that conveys. Restaurant was on its 20 year anniversary in 2020. It has been popular local and destination outing place known for its "Endless Fish Fry". Many car, bike, hiking... Clubs sought out this restaurant for their events year after year! Someone with a vision can bring this Restaurant back to par! ALL health, business & liquor licenses are up to date. Two wells on this parcel and 1000 gallon poly septic. SECOND Parcel consist of 9.22 acres that is currently being rented to SDGE for $3160 a month. This parcel has Two Wells and a septic. Wells have TWO 10,000 water containers used to sell water to Cal fire, water trucks, construction sites when needed. So much potential on this property. Current Total income now is $5400 without counting temporarily closed restaurant and 3 current vacant homes. Property is located 10 minutes from Tecate border and 20 minutes to Jamul. ADDRESS IS 1020 BARRETT LAKE ROAD & HIGHWAY 94 FOR BOTH PARCELS. BEING SOLD TOGETHER WITH RESTAURANT BUSINESS, 5 HOMES, AND APPROX 13.18 ACRES. Buyer to verify all zoning, sizes, condition, expenses, future potential for these properties with county of San Diego.
    Exterior Features

    Pool N/K

    Property Features

    Actual Cap Rate 5.0 Annual Expense Actual 2000 Association ID Pacific Southwest Association Of Realtors (Psar) Buildings 6 Gross Scheduled Income Actual 65760 Terms ConventionalSeller May Carry Zoning Estimated

    Listing provided courtesy of Coldwell Banker West. Listing information © 2021 San Diego MLS Inc. Source: CR Paragon
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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