12651 Laurel Drive Lakeside, CA $ 2,525,000
12651 Laurel Drive
$ 2,525,000
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12651 Laurel Drive

Lakeside, CA, 92040
$ 2,525,000
Bedrooms-- Baths-- Sq 6,528

Monthly Estimate*

$ 15,943

Listed by Berkshire Hathaway HomeService
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Commercial Property for sale in Lakeside, CA

for $2,525,000. This 6,528 square foot building was built in 1983.

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.

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Commercial Active

Price

$ 2,525,000

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1983

Town/City

Lakeside

County/Region

San Diego

MLS | Web ID

NDP2607179

Days on Market

18

Features
General
Zoning R-3 Restricted Multiple
HOA Fee 0
Year Built 1983
Property Subtype Multi Family
Tax Year 2025
County San Diego
Net Operating Income 121098
Operating Expense 48488
Insurance Expense 5000
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions Maple view St. East Right on Main Ave Left onto Laurel building on the right.
City Lakeside
Open Parking Spaces 13
Number Of Units Total 8
MLS Area 92040 - Lakeside
Listing Terms Cash Conventional
Trash Expense 3500
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2607179 https://tours.previewfirst.com/ml/161539
Standard Status Active
Year Built Source Assessor
Property Sub Type Additional Multi Family
Cap Rate 4.8
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Interior
Total Stories 2
Air Conditioning Y/N false
Heating Y/N false
Entry Level 1
Total Baths 0
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Exterior
Lot Features Street Level
Total Parking 13
Lot Size Area 13719
Number of Buildings 1
Building Area Total 6528
Lot Size Source Assessor
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* Excluded Features
List By
Berkshire Hathaway Homeservice

Broker

tonysilva@bhhscal.com

Email

Affordability Calculator

$15,943
Per Month
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Monthly Principal & Interest
$15,943
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/30/2026$2,525,000 Listed Price

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12651 Laurel Drive, Lakeside, CA, 92040 is a Commercial Property for sale at $2,525,000 with 6,528 sqft. 12651 Laurel Drive was built in 1983. The property's zip code is 92040 which is in Lakeside, CA