12005 Lacie Ln - 2 on Lacie Ln 2 Unit Apartment Building Offered at $800,000 at a 2.38% Cap Rate Lakeside, CA 92040

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.