$970,000
$1,299,000
25.3%For more information regarding the value of a property, please contact us for a free consultation.
1020 Barrett Lake Road Dulzura, CA 91917
13.18 Acres Lot
Key Details
Sold Price $970,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PTP2001740
Sold Date 03/05/21
HOA Y/N No
Year Built 1920
Lot Size 13.180 Acres
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. 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.
Location
State CA
County San Diego
Area 91917 - Dulzura
Zoning c-36
Interior
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Rural
Private Pool No
Building
Lot Description 11-15 Units/Acre
Sewer Shared Septic
Water Shared Well
Others
Senior Community No
Tax ID 6520201000
Acceptable Financing Conventional, Owner May Carry
Listing Terms Conventional, Owner May Carry
Special Listing Condition Standard
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Bought with Lilly Chavez • Coldwell Banker West