1020 Barrett Lake Rd

Beds
Baths
574,120 Sq. Ft.
$2 / Sq. Ft.
574,120
Sq. Ft.
$2
per Sq. Ft.

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...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.
  1. Listed by Lilly Chavez • DRE #01088116 • Brokerage DRE #01481919 • Coldwell Banker West
  2. Listed by Bertha Llamas • DRE #00869061 • Brokerage DRE #01481919 • Coldwell Banker West

Property Details for 1020 Barrett Lake Road

Parking Spaces Total
0
Private Pool
No
Total Units
6.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
574120
Assessor Parcel Number
652-020-10-00
Property Attached YN
false
LISTING UPDATED: 03/17/2021 02:10 PM

Property Details for 1020 Barrett Lake Road

StatusClosed
MLS #PTP2001740
Days on Market89
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1920
Lot Size13.18 AC / 574,120 SF
CountySan Diego County

Location

Listing Courtesy of Coldwell Banker West, Lilly Chavez, DRE #01088116; Coldwell Banker West, Bertha Llamas, DRE #00869061

Sold By Coldwell Banker West, Lilly Chavez, DRE #01088116

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Building Information for 1020 Barrett Lake Road

Stories-Residences-Year Built1920Building Size-Lot Size13.18 AC / 574,120 SF

Payment Calculator

$5,744 per month

30 year fixed, 6.46% Interest

Principal and Interest

$4,884

Property Taxes

$860

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1020 Barrett Lake Road

Income / Expense / Tax Details
Income Details
  • Gross Income: $66,480
  • Gross Scheduled Income: $65,760
  • Net Operating Income: $5,540
  • Cap Rate: 5.0
Expense Details
  • Operating Expense: $8,206
  • New Taxes Expense: $10,300
  • Fuel Expense: $0
  • Insurance Expense: $2,000
  • Professional Management Expense: $0
  • Trash Expense: $200
  • Water Sewer Expense: $1,600
  • Total Expenses: $2,000
Tax / Assessment Info
  • Tax Tract Number: 79-008
  • Tax Lot: 79
Community / Development
Community / Development
  • Community Features: Rural
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Additional Parcels Description: 652-020-11-00
  • Lot Features: 11-15 Units/Acre
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Shared Well
  • Sewer: Shared Septic
  • Water Source: Shared Well
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: Yes
  • Number Of Buildings: 6
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 1020 Barrett Lake Road

DateEvent & SourcePriceAppreciation
Mar 17, 2021

Temporarily Off Market

SDMLS #PTP2001740

Mar 5, 2021

Sold

SDMLS #PTP2001740

$970,000
Mar 5, 2021

Sold

CRMLS #PTP2001740

$970,000
Mar 5, 2021

Sold

CLAW #PTP2001740MR

$970,000
Feb 25, 2021

Pending

CRMLS #PTP2001740

Feb 25, 2021

Pending

CLAW #PTP2001740MR

Feb 25, 2021

Pending

SDMLS #PTP2001740

Feb 3, 2021

Sold (Public Record)

Public Record #1452195954

$970,000
Nov 28, 2020

Listed (Active)

SDMLS #PTP2001740

$1,299,000
Nov 28, 2020

Listed (Active)

CRMLS #PTP2001740

$1,299,000
Nov 28, 2020

Listed (Active)

CLAW #PTP2001740MR

$1,299,000
DateEvent & SourcePrice
03/17/2021

Temporarily Off Market

SDMLS #PTP2001740

03/05/2021

Sold

SDMLS #PTP2001740

$970,000
03/05/2021

Sold

CRMLS #PTP2001740

$970,000
03/05/2021

Sold

CLAW #PTP2001740MR

$970,000
02/25/2021

Pending

CRMLS #PTP2001740

02/25/2021

Pending

CLAW #PTP2001740MR

02/25/2021

Pending

SDMLS #PTP2001740

02/03/2021

Sold (Public Record)

Public Record #1452195954

$970,000
11/28/2020

Listed (Active)

SDMLS #PTP2001740

$1,299,000
11/28/2020

Listed (Active)

CRMLS #PTP2001740

$1,299,000
11/28/2020

Listed (Active)

CLAW #PTP2001740MR

$1,299,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1020 Barrett Lake Road

Taxable ValueLand$530,390Additions$324,729Total$855,119
Tax Record2025$10,321 ($860 / month)
Home Facts
Lot Size172,497 SqFtStyleRestaurantZoningCOMMERCIALCountySAN DIEGOAPN652-020-10-00

Schools near 1020 Barrett Lake Road

This home is within Jamul-Dulzura Union Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
Jamul Elementary
PublicK to 5

Oak Grove Middle School
Public6 to 8

Valhalla High School
Public9 to 12

Greater San Diego Academy
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Coldwell Banker West, Lilly Chavez, DRE #01088116; Coldwell Banker West, Bertha Llamas, DRE #00869061

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