12650 Lakeshore Dr 160, Lakeside, California 92040, Lakeside, 92040 - 2 bed, 2 bath
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Lakeside, California 92040
This Condominium represents a Strong Value Opportunity, listed at $375,000—positioned well below the $408,574 Fair Market Value by 8%. This valuation gap offers $33,574 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes a Granite Kitchen and serene Park/Greenbelt Views. With proximity to top-rated schools like El Capitan High, this property balances lifestyle with financial stability. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an accessible entry into the market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12650 Lakeshore Dr 160 Subject | $375,000* List Price | 2 | 2 | 884 | $462 | - |
A 12650 Lakeshore Dr 113 Sold | $400,000 | 2 | 2 | 1,001 | $400 | 0.0 mi |
B 12616 Lakeshore Drive 3 Sold | $415,000 | 2 | 2 | 881 | $471 | 0.1 mi |
C 12403 Julian Ave 206 Sold | $355,000 | 2 | 1 | 806 | $440 | 0.6 mi |
D 12167 Wintercrest Dr 1 Sold | $380,000 | 2 | 1 | 780 | $487 | 0.9 mi |
E 12158 Orange Crest Court 1 Sold | $400,000 | 2 | 1 | 780 | $513 | 1.0 mi |
F 12616 Lakeshore Drive 1 Active | $475,000 List Price | 2 | 2 | 881 | $539 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1982, the property appears well-maintained and move-in ready. The interior features updated laminate flooring and granite countertops in the kitchen, suggesting a renovation within the 5-15 year range. While the white appliances and fluorescent light box are dated, the overall condition is functional and does not show immediate signs of neglect or required repairs.
Priced at $375,000, this property represents a highly accessible entry point into the San Diego County real estate market, making it an attractive option for first-time homebuyers or budget-conscious investors.
The property is ideally situated within walking distance of multiple schools, including Lindo Park Elementary and El Capitan High School, both located approximately half a mile away.
The unit features a park and greenbelt view, providing a serene and open atmosphere that enhances the living experience compared to standard high-density condominium views.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =95832, other record lot size in square feet = 96633.
The $395 monthly association fee adds a substantial recurring expense to the carrying costs, which may impact the overall affordability and debt-to-income ratio for some buyers.
Built in 1982, the property and complex may require modernization or face upcoming maintenance requirements typical of a 40-plus-year-old development.
Exceptional opportunity in Lakeside. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.7 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.0 | 57% |
| Square foot | 884 | 819 | 62% |
| Lot Size | 95,832 | 1 | 76% |
| Price | $375.0K | $390.0K | 43% |
| Price per sq ft | $424 | $459 | 33% |
| Built year | 1982 | 1981 | 57% |
| HOA | $395.0 | $385 | 52% |
| Days on market | 15 | 110 | 19% |
May 22, 2026
$375,000
Initial Listing
Oct 13, 2017
$232,000
Public Record
Oct 13, 2015
$185,000
Public Record
Aug 17, 2005
$269,000
Public Record