
Lakeside, California 92040
This Multi-Unit Income Property represents a High-Potential Investment Opportunity, listed at $799,999—positioned well above the $735,513 Fair Market Value by -8%. Featuring a permitted ADU, studio ADU, and a private underground bomb shelter, the property offers significant versatility for rental income or multi-generational living. With a Condition Rating of 3, the home provides modern interior updates alongside a spacious half-acre lot. This unique asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, income-generating lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 13256 Lindo Lane Subject | $769,999* List Price | 3 | 1 | 1,158 | $631 | - |
A 13451 Lakeshore Drive Sold | $647,000 | 2 | 1 | 1,288 | $502 | 0.2 mi |
B 13147 Shenandoah Dr Sold | $785,000 | 4 | 2 | 1,564 | $502 | 0.2 mi |
C 9620 Los Coches Road Sold | $740,000 | 5 | 2 | 1,584 | $467 | 0.8 mi |
D 13525 Sunny Pending | $849,000 List Price | 3 | 2 | 1,421 | $597 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the original structure dates to 1949, the interior shows significant recent renovations including modern laminate flooring, recessed lighting, and a renovated bathroom. The property is move-in ready with updated systems like paid-off solar panels, though the age of the secondary structures and exterior prevents an 'excellent' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20908, living area = 1158.
The inclusion of a permitted ADU, an additional studio ADU, and a bonus room provides exceptional flexibility for multi-generational living or significant rental income opportunities.
The property comes with fully paid-off solar panels and a spacious half-acre lot, offering long-term energy savings and ample room for RV parking and agricultural use.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =20908, other record lot size in square feet = 21000.
With only one bathroom serving a three-bedroom main residence, the home may face functional challenges for larger families or guests.
Built in 1949, the property may require additional investment to update older systems and structural elements to meet modern efficiency and aesthetic standards.
PRICE ADJUSTED! Enjoy the charm of country-style living on this spacious half-acre property with endless possibilities. A rare highlight is the private underground bomb shelter or wine cellar, making this home perfect for preppers, secure storage, or added peace of mind. Designed for flexibility, the property includes a ADUs, Permits in Progress for additional units, and a bonus room, making it ideal for multi-generational living or rental income. Inside, you’ll find a beautifully renovated bathroom, while outside you’ll love the covered patio with misters and a BBQ entertainment area that’s perfect for family gatherings and weekend get-togethers. With paid-off solar panels and a fully fenced back yard with plenty of room for RV parking, gardening, animals, or future expansion, this one-of-a-kind property offers the space, privacy, and lifestyle you’ve been looking for. Potential for a pool. Fruit trees and vegetables garden includes: apple, plum, oranges, lemon, lime, tangerine, potatoes, tomatoes, habanero peppers, jalapenos, parsley, mint, strawberries, squash, zucchini and hops plants. Above ground pool is Ai generated.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 1.0 | 2.2 |
| Square foot | 1,158 | 1,654.545 |
| Lot Size | 20,908.801 | 16,258.809 |
| Price | $770.0K | $854.8K |
| Price per sq ft | $665 | $508 |
| Built year | 1949 | 1974 |
| HOA | $0 | $92 |
| Days on market | 33 | 51 |
Aug 12, 2026
$769,999
$799,999
-4% Price Drop
Initial Listing
Aug 7, 2026
$799,999
Initial Listing
Jul 8, 2022
$760,000
Public Record