12651 Laurel Drive, Lakeside

$2,350,000

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About 12651 Laurel Drive

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.

Features of 12651 Laurel Drive

MLS® # NDP2607179
Price $2,350,000
Bathrooms 0.00
Acres 0.00
Year Built 1983
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 12651 Laurel Drive
Area 92040 - Lakeside
City Lakeside
County San Diego
Zip Code 92040

Amenities

Parking Spaces 13
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No
# of Stories 2

Exterior

Lot Description Street Level

Additional Information

Date Listed July 15th, 2026
Days on Market 46
Zoning R-3 Restricted Multiple
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentTony Silva
OfficeBerkshire Hathaway HomeService

Listing Map

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