12005 Lacie Ln Lakeside, CA 92040
Highlights
- Gated Community
- 1-Story Property
- Cross Fenced
About This Home
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 Details
Home Type
- Multi-Family
Year Built
- Built in 1985
Lot Details
- 9,598 Sq Ft Lot
- Cross Fenced
Home Design
- Composition Roof
- Stucco
Interior Spaces
- 4 Bedrooms
- 1,584 Sq Ft Home
- 1-Story Property
Community Details
Overview
- 2 Units
- Lakeside Community
- Lakeside Subdivision
Additional Features
- Operating Expense $17,590
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,582 | $460,490 | $271,086 | $189,404 |
| 2024 | $6,582 | $451,462 | $265,771 | $185,691 |
| 2023 | $6,334 | $442,610 | $260,560 | $182,050 |
| 2022 | $6,199 | $433,932 | $255,451 | $178,481 |
| 2021 | $6,126 | $425,425 | $250,443 | $174,982 |
| 2020 | $6,003 | $421,064 | $247,876 | $173,188 |
| 2019 | $5,893 | $412,809 | $243,016 | $169,793 |
| 2018 | $5,752 | $404,715 | $238,251 | $166,464 |
| 2017 | $5,611 | $396,780 | $233,580 | $163,200 |
| 2016 | $5,424 | $389,000 | $229,000 | $160,000 |
| 2015 | $4,168 | $282,278 | $122,952 | $159,326 |
| 2014 | -- | $276,750 | $120,544 | $156,206 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/16/2026 03/16/26 | For Sale | $800,000 | +190.4% | $505 / Sq Ft | |
| 05/28/2013 05/28/13 | Sold | $275,501 | 0.0% | $174 / Sq Ft | View Prior Sale |
| 04/11/2013 04/11/13 | Pending | -- | -- | -- | |
| 02/04/2013 02/04/13 | For Sale | $275,501 | -- | $174 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $389,000 | Title 365 | |
| Grant Deed | $276,000 | Servicelink | |
| Corporate Deed | -- | None Available | |
| Trustee Deed | $328,858 | None Available | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $148,000 | California Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $169,067 | New Conventional | |
| Previous Owner | $310,700 | New Conventional | |
| Previous Owner | $118,400 | No Value Available |
Source: San Diego MLS
MLS Number: 260006154
APN: 388-533-33
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