
Lakeside, California 92040
This Multi-Unit Residential Asset is listed at $1,074,000, offering a rare opportunity to own three separate 2-bedroom units in the heart of Lakeside. While the list price exceeds the $902,046 Fair Market Value, the property’s unique configuration and Condition Rating of 3 support consistent rental income and long-term stability. Featuring Hardwood Flooring, Granite Counters, and Leased Solar, the units remain move-in ready and well-maintained. Situated near Lindo Park Elementary and El Capitan High School, this asset serves Buy-and-Hold Investors or Owner-Occupants looking to maximize their real estate portfolio.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12652 Julian Ave Subject | $1,074,000* List Price | 6 | 3 | 1,840 | $490 | - |
A 11977 Raceway Sold | $989,900 | 4 | 2 | 1,927 | $514 | 0.3 mi |
B 10025 Tamil Rd Active | $799,500 List Price | 4 | 3 | 1,657 | $482 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained with several updates. While originally built in 1947, the interiors feature newer vinyl plank flooring, granite countertops, and fresh carpeting in the bedrooms. The kitchen and bathrooms are functional and clean, though the white appliances and wall heaters are older styles. With a newer roof and solar panels, the major systems appear functional, meeting the criteria for a well-maintained property that does not require immediate renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10007, living area = 1840.
The property features three separate 2-bedroom, 1-bathroom units, offering a rare and versatile investment opportunity for high rental yield or multi-generational living.
Well-maintained interiors include hardwood flooring and granite countertops, supported by significant infrastructure upgrades such as a newer roof and solar panels.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 2.
With an original build date of 1947, the property may require more frequent maintenance or future updates to plumbing and electrical systems compared to newer constructions.
The solar panels are leased rather than owned, requiring the buyer to assume an existing contract which may influence financing terms and long-term equity considerations.
Rare opportunity to own property with 3 separate living units in the heart of Lakeside, close to all the major shopping and desirable place to live. Each unit is comfortable living 2bed/1bath units. Lot's of parking for tenants and storage space. All financials contact agent and status of tenants. Well maintained, hard wood flooring, granite counters, newer roof, and leased solar on property. Laundry income. Please see agent remarks for more info
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.3 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 98% |
| Baths | 3.0 | 2.0 | 71% |
| Square foot | 1,840 | 1,540 | 68% |
| Lot Size | 10,007 | 11,017 | 44% |
| Price | $1.07M | $820.0K | 95% |
| Price per sq ft | $584 | $511 | 78% |
| Built year | 1947 | 1972 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 164 | 4% |
Mar 26, 2026
$1,074,000
Initial Listing
Aug 30, 2018
$501,500
Public Record
Apr 15, 2013
$24,500
Public Record
May 28, 2004
$325,000
Public Record
Oct 2, 2003
$206,000
Public Record