9048 Gideon Cir. S, Lakeside, California 92040, Lakeside, 92040 - 3 bed, 2 bath
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Lakeside, California 92040
This Value-Add Fixer Asset is listed at $600,000, positioned near its $572,811 Fair Market Value. With a Condition Rating of 5, this 1971-built residence requires a total rehabilitation, offering significant upside for forced appreciation. The property’s strength lies in its expansive 9,900 sqft lot, providing ample space for an ADU or expansion. Located in the Lakeside Union district near the 8/10 rated Lakeview Elementary School and featuring mountain range views, the location supports a premium post-renovation valuation. This is a high-potential acquisition for Fix-and-Flip Investors or Contractors ready to execute a full-scale modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9048 Gideon Cir. S Subject | $600,000* List Price | 3 | 2 | 1,200 | $477 | - |
A 13218 Lakeview Granada Dr Sold | $769,900 | 4 | 2 | 1,337 | $576 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is a classic 'fixer' requiring a total rehabilitation. Interior photos show significant deferred maintenance, including exposed concrete subfloors, visible water pooling/damage in the living area, and peeling wall surfaces. The kitchen and bathrooms are original to the 1971 build or very aged, featuring worn cabinetry and outdated fixtures. The exterior and yard are overgrown with accumulated debris, and the overall condition suggests that major systems (electrical, plumbing, and flooring) need immediate replacement to meet modern living standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9900, living area = 1200.
Situated on a generous 9,900 sqft lot, this property provides ample space for outdoor living, potential home extensions, or the addition of an Accessory Dwelling Unit (ADU).
The home is located just 0.23 miles from Lakeview Elementary School, a highly-rated (8/10) institution, making it an attractive option for families with young children.
Marketed as a fixer opportunity, the property requires substantial capital investment and vision to address necessary repairs and modernization.
Built in 1971, the home likely features original systems and finishes that may not meet modern energy efficiency standards or contemporary aesthetic preferences.
Single-level fixer opportunity in desirable Lakeside! This home offers a functional floor plan with a cozy fireplace, 2-car garage, and tons of potential to make it your own. Ideal for investors or buyers looking to customize, the property sits on a spacious lot with room to expand or upgrade. Bring your vision and unlock the value in this great opportunity.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 1.3 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,200 | 1,538 | 12% |
| Lot Size | 9,900 | 11,017 | 43% |
| Price | $600.0K | $817.5K | 7% |
| Price per sq ft | $500 | $508 | 44% |
| Built year | 1971 | 1972 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 163 | 4% |
Mar 31, 2026
$600,000
Initial Listing