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Residential Income for sale : 4 bedrooms : 12005-7 Lacie Ln in Lakeside

12005-7 Lacie Ln Lakeside

Main Photo: Residential Income for sale : 4 bedrooms : 12005-7 Lacie Ln in Lakesidebanner
$800,000
Prop. Type:
Residential Income
MLS® Num:
260006154
Status:
Active
Bedrooms:
4
Bathrooms:
2
Year Built:
1985
We are pleased to present 12005–12007 Lacie Lane — a 2-unit multifamily property offering investors a compelling value-add opportunity in a well-established residential neighborhood. The property consists of two units situated on a single parcel and presents an excellent opportunity for an investor or owner-occupant to renovate and reposition the asset to achieve higher market rents. Currently in value-add condition, the property allows a new owner to implement interior and exterior improvements that can significantly enhance both rental income and overall property value. With a functional layout and on-site parking, the property provides a strong foundation for upgrades such as modernized interiors, updated kitchens and bathrooms, and enhanced exterior appeal. Once improved, the asset has the potential to perform strongly within the surrounding rental market. Conveniently located near several local schools — including Winter Gardens Elementary School, Riverview Elementary School, and W.D. Hall Elementary School — the property benefits from a family-oriented neighborhood and consistent rental demand. With convenient access to nearby shopping, dining, and major transportation routes, 12005–12007 Lacie Lane presents investors with the opportunity to add value through renovations while benefiting from a stable and desirable rental location.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
1
County Or Parish:
San Diego
Market Area:
East County
Neighborhood Code:
Lakeside
Name of Complex/Subdivision:
Lakeside (LK)
Building Name:
Lakeside
Total Building Area:
Switch units of measure1,584 sq. ft.
Total Floor Area:
Switch units of measure0 sq. ft.
Total Bedrooms:
4
Bathrooms:
2
Full Bathrooms:
2
Half Bathrooms:
0
Stories:
1 Story
Total Stories:
1
Year Built:
1985
Age (in years):
Switch units of measure41 year(s)
Short Sale:
false
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Cash, Conventional, FHA, VA
Cap Rate.:
2.4
Gross scheduled income:
37800.0
Other income actual:
0
Operating expense:
17590.0
Number of Units:
2
Number of Units with Cooling:
0
Tenant pays:
Trash, Electricity, Gas/Propane
Unit Number for Unit 1:
12005
Unit Number for Unit 2:
12007
From I-8 take Los Coches Rd north, right on Lacie Ln; property at 12005–07 on the left.
Special Listing Conditions:
N/K
Age Restrictions:
N/K
Construction Material:
Stucco
Lot Size:
Switch units of measure9,583 sq. ft.
Parcel Number:
388-533-33-00
Cooling:
N/K
Roof:
Composition
Security:
Gated Community
Fencing:
Cross Fencing
Listed by Starker West, Inc.
Data was last updated March 28, 2026 at 07:10 AM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty

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