12135 Los Amigos Way, Lakeside, California 92040, Lakeside, 92040 - 4 bed, 2 bath
12135 Los Amigos Way
Lakeside, California 92040
Property Price
SUMMARY
Analysis of 12135 Los Amigos Way, Lakeside, California 92040 reveals a Prime Investment Opportunity with a current list price of $992,000—significantly undercutting the $1,064,007 Fair Market Value by 6%. This valuation gap indicates a +$72,007 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Lakeside Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12135 Los Amigos Way Subject | $992,000* List Price | 4 | 2 | 2,528 | $421 | - |
A 12274 Gay Rio Dr Sold | $850,000 | 4 | 2 | 1,724 | $493 | 0.2 mi |
B 8735 Almond Road Sold | $770,000 | 3 | 2 | 1,536 | $501 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and well-maintained, featuring a freshly painted interior and updated outdoor amenities including a putting green and turf. While built in 1974, the kitchen is equipped with stainless steel appliances and the home shows minimal wear and tear. It meets the 'good' criteria as major systems appear functional and the property has undergone significant cosmetic and functional updates, though it lacks the full-scale modern renovation required for an 'excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 24393, living area = 2528.
- Panoramic Views & Prime Lot
Perched at the top of a hill on a 0.56-acre lot, the property offers exceptional sunset and valley views, providing a sense of privacy and a premium aesthetic rarely found at this price point.
- Versatile Living & Income Potential
The home features a highly flexible layout that 'lives like a one-story' with the primary suite on the main floor, plus a downstairs area suitable for multigenerational living or potential rental income.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Leased Solar System
The solar system is leased rather than owned, which requires the buyer to assume an existing contract and may impact debt-to-income ratios or complicate the escrow process.
- Hillside Topography
While the hillside location provides views, the terraced lot may require more intensive landscaping maintenance and offers limited flat, usable yard space compared to traditional level lots.
About 12135 Los Amigos Way
What if you could live on top of the hill in Lakeside with panoramic sunset views, half an acre of land, and room to create future rental income? Welcome to 12135 Los Amigos Way, a 4-bedroom, 3-bathroom single-family home offering 2,528 square feet of living space on a 0.56-acre hillside lot in Lakeside, CA. Positioned at the top of the hill, this property captures beautiful valley views and glowing Southern California sunsets while still being just minutes from everyday conveniences. Freshly painted interior spaces create a clean and move-in-ready feel. Lives like a one-story. The primary bedroom is located on the main floor, offering convenience and flexible living options. With generous square footage and multiple indoor and outdoor areas, the home offers space to relax, entertain, and grow. Step outside and experience peaceful countryside living with terraced landscaping, a pergola-covered patio, turf yard area, and a private putting green. Whether hosting weekend gatherings or enjoying quiet evenings overlooking the valley, this backyard was designed to enjoy the views. There is potential for future rental income, guest quarters, studio space, office, and multigenerational living downstairs. Buyer to verify all permitting requirements with the County of San Diego. Located just minutes from Lake Jennings, Lindo Lake Park, local dining, grocery shopping, and convenient access to Highway 67 for commuting into El Cajon, Santee, or greater San Diego County, this property offers the balance many buyers are searching for. Quiet hillside living without sacrificing convenience. No HOA. Leased solar system in place. If you’ve been looking for a half-acre hillside home in Lakeside with sunset views and income upside, this is the opportunity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1974
- Lot Size
- 24,393.6 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,528 | 1,571 | 95% |
| Lot Size | 24,393.6 | 12,585 | 82% |
| Price | $992.0K | $825.0K | 95% |
| Price per sq ft | $392 | $509 | 10% |
| Built year | 1974 | 1973 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 169 | 3% |
Pricing History
Listed for Sale
Mar 2, 2026
$992,000
Initial Listing