12651 Laurel Dr , Lakeside, CA 92040
$2,350,000
Est. Payment: $12,818.54/mo
6528 Sqft
Status: Active | Days on site: 61
Get Pre-Qualified
12608 - 114850,114496
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Chris Heller, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

House Description

SPECTACULAR LOWER PRICE... The Silva Group Proudly present Laurel Landing, a well-maintained and high-performing multifamily investment opportunity in the heart of Lakeside. This attractive property consists of eight spacious two-bedroom, one-bath apartment homes situated on approximately 13,719 square feet of land. Built in 1983, the property encompasses approximately 6,528 square feet of rentable building area and has been thoughtfully maintained to provide stable, low-maintenance ownership. Designed with tenant comfort in mind, each residence features air conditioning, an in-unit stacked washer and dryer combination, and individually metered gas and electric service, allowing residents to control their own utility costs while reducing owner expenses. The ground-floor units enjoy the added benefit of private fenced yards, a highly desirable amenity that enhances tenant appeal and retention. The property offers 13 on-site parking spaces, providing ample parking for residents and guests. With its efficient layout, modern conveniences, and durable construction, Laurel Landing presents investors with an exceptional opportunity to acquire a stable, income-producing asset with low ongoing maintenance requirements and strong long-term investment potential. Ideally located just blocks from Downtown Lakeside, residents enjoy convenient access to local restaurants, shopping, entertainment, and community amenities. The property also offers easy access to major freeways, making commuting throughout San Diego County convenient and enhancing its appeal to a broad tenant base. Whether you’re looking to expand your multifamily portfolio or complete a 1031 exchange, Laurel Landing represents a quality investment opportunity in one of East County’s consistently strong rental markets.

Highlights

Listed by Tony Silva , 760-458-2575 and Lynnell Honda , 760-522-4167 Berkshire Hathaway HomeService , 760-431-3330. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Year Built

1983

County

San Diego

Area

92040 - Lakeside

Listing ID

NDP2607179

Questions about this listing?

Contact Agent

Interior Features

Exterior Features

Lot:Street Level,No Land Lease
Garage Capacity:13
Zoning:R-3 Restricted Multiple
Others:
  • ▪ Additional:2+ Total Units
Principal Interest
$12,819
Taxes
$1,498

Home Price

$2,350,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$470,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,818.54

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,818.54 $1,498.13 $0.00 $14,316.66
Yearly $153,822.47 $17,977.50 $0.00 $171,799.97
Total $4,614,674.01 $539,325.00 $0.00 $5,153,999.01

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Oct 2026

Average Price

All Price Ranges
N/A
Oct 2026

Average Days on Market

All Price Ranges
N/A
Oct 2026
Market insight data is pulled from the same city as the listing being viewed (Lakeside, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-05T01:13:22.000Z

© 2026 CRMLS/Multi-Regional MLS

MLS Logo - CRMLS/Multi-Regional MLS