9659 Marilla Dr Lakeside, CA $ 5,150,000
9659 Marilla Dr
$ 5,150,000
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9659 Marilla Dr

Lakeside, CA, 92040
$ 5,150,000
Bedrooms-- Baths--

Monthly Estimate*

$ 32,518

Listed by Conor Brennan, Broker
9659 Marilla Dr, Lakeside, CA 92040 - Image 1
9659 Marilla Dr, Lakeside, CA 92040 - Image 2
9659 Marilla Dr, Lakeside, CA 92040 - Image 3
9659 Marilla Dr, Lakeside, CA 92040 - Image 4
9659 Marilla Dr, Lakeside, CA 92040 - Image 5
9659 Marilla Dr, Lakeside, CA 92040 - Image 6

Commercial Property for sale in Lakeside, CA

for $5,150,000.

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.

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Commercial Active

Price

$ 5,150,000

Property Type

Commercial

Taxes

$ 0

Style

Town/City

Lakeside

County/Region

San Diego

MLS | Web ID

260014851SD

Days on Market

11

Features
General
HOA Fee 0
Property Subtype Mixed Use
County San Diego
Net Operating Income 250738
Operating Expense 168853
Property Type Commercial Sale
Status Active
City Lakeside
Number Of Units Total 18
MLS Area 92040 - Lakeside
Standard Status Active
Property Sub Type Additional Mixed Use
Cap Rate 4.87
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Interior
Air Conditioning Y/N true
Heating Y/N false
Total Baths 0
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Exterior
Total Parking 0
Number of Buildings 2
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* Excluded Features
List By
Conor Brennan, Broker

Broker

Conor.Brennan@cbre.com

Email

Affordability Calculator

$32,518
Per Month
100%
0%
0%
Monthly Principal & Interest
$32,518
Monthly Property Taxes
--
Monthly Home Insurance
--
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
6/18/2026$5,150,000 Listed Price

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9659 Marilla Dr, Lakeside, CA, 92040 is a Commercial Property for sale at $5,150,000. The property's zip code is 92040 which is in Lakeside, CA