$5,150,000

Estimated payment $33,429/month

Total Views 4,922
36 Beds
32 Baths
12,206 Sq Ft
$422 Price per Sq Ft

About This Home

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.

Listing Agent

Conor Brennan

Conor Brennan, Broker License #01918598 Listed on: 06/18/2026

Co-Listing Agent

Nate Pepper

CBRE License #01993739

Property Details

Home Type

  • Multi-Family

Home Design

Interior Spaces

  • 36 Bedrooms
  • 12,206 Sq Ft Home
  • 2-Story Property

Community Details

Overview

  • 2 Buildings
  • 18 Units

Building Details

  • Operating Expense $168

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Property Sub Type: Com-Res Income
  • CapRate: 4.87
  • Co List Office Mls Id: 4473
  • Co List Office Mls Id: 993674
  • Living Area: 12206.0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2026-06-18T23:09:04Z
  • FullAddress: 9659-69 Marilla Dr
  • Special Features: None

Interior Features

  • Total Bedrooms: 36

Multi Family

  • Number Of Buildings: 2
  • Number Of Units Total: 18
  • Annual Operating Expense: 168.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/18/2026 06/18/26 For Sale $5,150,000 -- $422 / Sq Ft
Source: San Diego MLS

Source: San Diego MLS

MLS Number: 260014851

San Diego MLS
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