9659-69 Marilla Dr Lakeside, CA ^$ 5,150,000

9659-69 Marilla Dr

^$ 5,150,000

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Recently Listed

9659-69 Marilla Dr

Lakeside, CA, 92040

^$ 5,150,000

Bedrooms36 Baths32.0 Sq 12,206

Monthly Estimate*

^$ 31,709

9659-69 Marilla Dr, Lakeside, CA 92040 - Image 1

9659-69 Marilla Dr, Lakeside, CA 92040 - Image 2

9659-69 Marilla Dr, Lakeside, CA 92040 - Image 3

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9659-69 Marilla Dr, Lakeside, CA 92040 - Image 6

Multi-Family Home for sale in Lakeside, CA

for $5,150,000 with 36 bedrooms and 32 full baths. This home is 12,206 square feet.

Pleased to present Marilla Crest Apartments, an 18-unit multifamily investment opportunity located in the desirable Lakeside submarket of San Diego County. Built in 1989, the property features a highly attractive unit mix consisting of four (4) two-bedroom/one-bath units and fourteen (14) two-bedroom/two-bath units, catering to residents seeking larger floor plans in an established East County rental market. Situated on an expansive ±28,700-square-foot lot, the property also offers 27 parking spaces and seven on-site storage units. The asset has benefited from significant capital improvements that reduce deferred maintenance and support long-term operational stability. Recent upgrades include full roof replacements with long-term warranties, complete plumbing re-piping with PEX, upgraded seismic gas valves, new exterior paint, fascia board replacement, and asphalt improvements throughout the property. These improvements position the asset as a well-maintained investment with limited near-term capital expenditure requirements.

Multi-Family Active

Price

^$ 5,150,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Com-Res Income

Town/City

Lakeside

County/Region

San Diego

MLS | Web ID

260014851

Features

General

Year Built 0

Stories Count 2

Property Subtype Com-Res Income

County San Diego

Operating Expense 168.0

New Construction N

Property Type Residential Income

HOA N

Attached Garage N

Full Baths 32

Status ACTIVE

City Lakeside

Senior Community Y/N N

Number Of Units Total 18

MLS Area East County

Lot Size Units Acres

Property Attached Y/N N

Building Area Units Sqft

Living Area Units Sqft

Standard Status Active

Cap Rate 4.87

Freehold IDX

Exterior

Lot Size Area 0.0

Number of Buildings 2

Building Area Total 12206.0

Waterfront Y/N N

Interior

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Half Baths 0

Total Bedrooms 36

Total Baths 32

* Excluded Features

List By

Conor M Brennan

Listing Agent

Conor Brennan, Broker

Broker

(720) 841-8139

Phone

Affordability Calculator

$31,709

Per Month

Monthly Principal & Interest: $31,709
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Lakeside, CA

Average List Price ^$1,500,571

Percent of Sale Price 71%

About Lakeside, CA

22,325 Population

3% Since 2002

^$66,768 Median Income

38.44 Median Age

34% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

281193 Elementary School

281006 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/18/2026	$5,150,000		Listed Price

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9659-69 Marilla Dr, Lakeside, CA, 92040 is a Multi-Family Home for sale at $5,150,000 with 12,206 sqft. 9659-69 Marilla Dr has 36 bedrooms and 32.0 baths. The property's zip code is 92040 which is in Lakeside, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of The Internet Data Exchange Program of San Diego Multiple Listing Service, Inc.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.

Data is updated as of 6/19/2026.

CA BRE #019180026.

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9659-69 Marilla Dr

Multi-Family Home for sale in Lakeside, CA

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