
Lakeside, California 92040
This Value-Add Residential Asset is listed at $975,000, reflecting the premium land utility relative to its $920,618 Fair Market Value. Featuring a Condition Rating of 5, this 1950s fixer sits on a rare 2-Acre Lot across two parcels, offering Significant Development Potential and Panoramic Views. The property includes a Pool, fruit trees, and a layout ideal for Multi-Generational Living modifications. Located in the Grossmont Union District, it represents a high-upside project for Fix-and-Flip Investors and Contractors ready to capture forced appreciation.
Property is extensive renovation needed.
This property, built in 1950, is explicitly described as a 'fixer' that 'needs TLC' and requires 'extensive renovation.' The images confirm this assessment, showing severely outdated and worn conditions throughout. The kitchen features old, peeling cabinets, green tiled countertops and backsplash, and old flooring, demanding a full renovation. The bathroom has very dated pink and green tile work and a mix of old and slightly newer, but mismatched, fixtures. Other interior spaces show worn flooring, basic lighting, and some unfinished areas. The exterior and pool also exhibit significant deferred maintenance. The property requires substantial repairs and rehabilitation to be brought to modern living standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 87120, living area = 2584.
The property offers stunning panoramic and city lights views, significantly enhancing its appeal and potential market value.
Situated on 2 acres across two separate parcels, with the second acre offering potential for future development (buyer to verify), providing substantial long-term value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =87120, other record lot size in square feet = 43560.
Explicitly stated as a 'fixer' and 'needs TLC,' indicating that significant time and financial investment will be required for renovations and repairs.
Built in 1950, the property is likely to have outdated systems, finishes, and potentially structural issues common with homes of this age, requiring substantial upgrades.
Panoramic views and endless potential! This two-level fixer sits on 2 acres across two separate parcels. The main home is located on 1 acre, with the Panoramic views and endless potential! This two-level fixer sits on 2 acres across two separate parcels. The main home is located on 1 acre, with the second acre offering possible future development (buyer to verify). The lower level provides an opportunity for separate living quarters with modifications, ideal for extended family or rental potential. Property features fruit trees and expansive views. A rare opportunity for investors or buyers ready to add value. Needs TLC. opportunity for separate living quarters with modifications, ideal for extended family or rental potential. Property features fruit trees and expansive views. A rare opportunity for investors or buyers ready to add value. Needs TLC.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,584 | 1,540 | 95% |
| Lot Size | 87,120 | 11,173 | 95% |
| Price | $975.0K | $820.0K | 87% |
| Price per sq ft | $377 | $508 | 11% |
| Built year | 1950 | 1972 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 77 | 164 | 12% |
Apr 10, 2026
$975,000
$1,023,000
-5% Price Drop
Initial Listing
Feb 4, 2026
$1,023,000
Initial Listing