12828 Mapleview St, Lakeside, California 92040, Lakeside, 92040 - 3 bed, 1 bath
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Lakeside, California 92040
This Development-Ready Asset is listed at $649,999, representing a strategic acquisition within a larger $1.3M development package. While the $554,336 Fair Market Value reflects the existing structure's Condition Rating of 5, the primary value-add lies in the Approved Plans for 12 Townhomes and Upgraded Sewer Infrastructure. Located in the Lakeside Union district, the property includes a Large Patio and two homes providing immediate cash flow during the entitlement phase. This High-Potential Investment Opportunity is perfectly suited for Fix-and-Flip Investors and Contractors looking to maximize ROI.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12828 Mapleview St Subject | $649,900* List Price | 3 | 1 | 1,044 | $582 | - |
A 13107 Pam Lane Sold | $755,000 | 3 | 2 | 1,266 | $596 | 0.2 mi |
B 12731 Julian Avenue Sold | $550,000 | 2 | 1 | 1,034 | $532 | 0.6 mi |
C 13135 Pam Ln Sold | $750,000 | 3 | 2 | 1,441 | $520 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960, the property is over 60 years old with a kitchen and bathroom that appear to be 30-50 years old, requiring a full rehab to meet modern standards. The listing explicitly targets investors for a 12-unit townhome development, indicating the existing structures are nearing the end of their economic life despite current occupancy.
The property includes approved plans for 12 townhomes with 2-car garages, offering a high-value opportunity for builders to capitalize on the growing Lakeside community.
With two existing homes on the combined lots, including one turnkey unit with new flooring and paint, the property provides a reliable income stream during the development hold period.
The site features an upgraded sewer system and practical improvements like a large patio and carport, reducing the initial site preparation burden for the next owner.
The primary 3-bedroom residence contains only one bathroom, which may limit its appeal to larger families and modern rental standards.
The property is part of a larger $1.3M two-lot development package, which may exclude traditional single-family buyers and require more complex commercial or investment financing.
A great opportunity for the savvy investor-builder in the growing Lakeside community! Two homes on two lots totaling 22,184 sq. ft.; price for both is $ 1.3M. approved tenants plan to build 12 townhomes with 2-car garages. available for review. 12828 Mapleview is a spacious 3+1 single-story home offering 1,044 sq. ft. of comfortable living space. The living room features tile flooring, a textured ceiling, and a ceiling fan. The kitchen is well-appointed with warm wood cabinetry, a gas range, a double sink, tile flooring, and a handy built-in bar-height dining counter. The primary bedroom measures 160 sq. ft. and includes a ceiling fan and wall-mounted wardrobe storage, while the additional bedrooms offer good natural light. The shared bathroom features a tub-shower combination with tile surround, wood vanity, and wood-look flooring. The garage includes a wood-paneled ceiling, ceiling fan, and built-in shelving — great for extra storage. An upgraded sewer, large patio, and carport parking round out this solid, practical property. 12830 Mapleview is a charming 2+1 home with a fenced yard and carport parking, featuring brand new flooring, paint, and light fixtures throughout. — a turnkey income-generating hold while your development vision comes together.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,044 | 1,571.5 |
| Lot Size | 6,701 | 13,249 |
| Price | $649.9K | $819.1K |
| Price per sq ft | $623 | $523 |
| Built year | 1960 | 1971 |
| HOA | $0 | $81 |
| Days on market | 96 | 51 |
Jul 14, 2026
$649,900
$649,999
+0% Price Increase
Initial Listing
Apr 17, 2026
$649,999
Initial Listing
Aug 19, 2021
$625,000
Public Record
Jun 16, 2004
$270,000
Public Record