12740 Laurel 408, Lakeside, California 92040, Lakeside, 92040 - 2 bed, 1 bath
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Lakeside, California 92040
This Renovated Corner Unit Condo is a Prime Investment Opportunity, listed at $399,999—positioned well below the $413,236 Fair Market Value by 3%. This valuation gap provides $13,237 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the interior features a fully renovated bathroom, modern kitchen tile, and a high-end custom master closet. Residents benefit from a gated community with a pool and immediate proximity to Lindo Lake Park and El Capitan High School. This turnkey residence is an ideal match for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12740 Laurel 408 Subject | $399,999* List Price | 2 | 1 | 921 | $449 | - |
A 12650 Lakeshore Dr 113 Sold | $400,000 | 2 | 2 | 1,001 | $400 | 0.1 mi |
B 12616 Lakeshore Drive 3 Sold | $415,000 | 2 | 2 | 881 | $471 | 0.2 mi |
C 12741 Laurel St Unit 58 Sold | $420,000 | 3 | 2 | 1,132 | $371 | 0.1 mi |
D 9725 Winter Gardens Blvd 110 Sold | $300,000 | 1 | 1 | 654 | $459 | 1.0 mi |
E 12722 Drive B Sold | $375,000 | 2 | 1 | 735 | $510 | 0.5 mi |
F 12710 Laurel St 113 Active | $435,000 List Price | 2 | 1 | 921 | $472 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1990 (34+ years old), it has undergone significant recent renovations that elevate it from the 'Fair' category. The bathroom is fully renovated with modern tile work, and the kitchen features updated countertops, sleek appliances, and new tile. The interior shows well-maintained flooring and custom closet upgrades, making it move-in ready and functional.
The property features significant renovations, including a fully updated bathroom, a contemporary kitchen with new tile and sleek appliances, and a high-end custom master closet.
As a rarely available lower-level corner unit, this home benefits from increased natural light and a greater sense of privacy and openness compared to standard units.
Situated in a secure gated community with a pool, the home is steps from Lindo Lake Park, offering immediate access to scenic trails and outdoor recreation.
The monthly HOA fee of $435 is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for potential buyers.
With only one bathroom for a two-bedroom residence, the layout may be less convenient for families or roommates, potentially limiting the buyer pool.
Welcome to this desirable and rarely available lower-level corner unit in the heart of Lakeside! This beautifully maintained 2-bedroom, 1-bathroom home offers the perfect blend of comfort, convenience, and modern upgrades. Step inside to this spacious condo creating a warm and inviting atmosphere ideal for relaxing or entertaining. The kitchen shines with beautiful countertops, sleek appliances, and new tile work that gives the space a fresh, contemporary feel. The bathroom has been fully renovated, offering a clean, updated look you’ll love coming home to. The master closet has also received a high end custom upgrade, adding both style and functionality to your private retreat. As a corner unit, you’ll enjoy abundant natural light and a sense of openness that truly sets this home apart from the rest. Located within a secure gated community, you’re just steps from the pool perfect for soaking up those sunny Southern California days. And with Lindo Lake Park right at your doorstep, scenic trails, picnic areas, and outdoor recreation are always within reach. Whether you’re a first-time buyer or savvy investor, this thoughtfully upgraded home checks every box. Come take a look!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 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 | 1.0 | 1.0 | 50% |
| Square foot | 921 | 780 | 63% |
| Lot Size | 132,686 | 0.15 | 74% |
| Price | $400.0K | $395.0K | 53% |
| Price per sq ft | $434 | $459 | 37% |
| Built year | 1990 | 1981 | 79% |
| HOA | $435.0 | $385 | 68% |
| Days on market | 6 | 146 | 11% |
Apr 16, 2026
$399,999
Initial Listing
Apr 27, 2011
$85,500
Public Record
Apr 29, 2005
$289,000
Public Record