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SPECTACULAR LOWER PRICE... 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.

Highlights

  • Commercial Sale
  • Multi Family
  • Built in 1983
  • $0/ HOA
  • 103 days on Market

  • Year Built
    1983
  • Stories
    2.0

  • Lot Features
    Street Level

  • Area
    92040 - Lakeside
  • County
    San Diego
  • City
    Lakeside
  • Zip Code
    92040

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Frequently Asked Questions

How do I schedule a tour of 12651 Laurel Dr?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 12651 Laurel Dr.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 12651 Laurel Dr?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $2,350,000. We can talk through recent upgrades, potential seller motivation, how this multi family compares to others in Lakeside, and can even get you in to see the property quickly.

How do I get a virtual tour of 12651 Laurel Dr?

Yes! A virtual tour is available for 12651 Laurel Dr. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.

How much is the monthly mortgage payment for 12651 Laurel Dr?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 12651 Laurel Dr at around $13,373. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 12651 Laurel Dr?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in San Diego County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 12651 Laurel Dr?

In most cases, yes. Whether 12651 Laurel Dr is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Lakeside's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 12651 Laurel Dr?

We can handle that for you. Our preferred local agent specializes in commercial sales in Lakeside and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $2,350,000 with 6,528 sqft of space—that comes out to approximately $360 per square foot.

How long has this property been on the market?

12651 Laurel Dr was listed on July 30, 2026, which means it's been on the market for 103 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1983, making it approximately 43 years old.

Is there an HOA fee for this property, and what does it cover?

This home has an HOA fee of $0.

Is 12651 Laurel Dr still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information from California Regional Multiple Listing Service as of November 10, 2026 at 07:07AM All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. This information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last Updated: November 10, 2026 at 07:07AM | Source: California Regional Multiple Listing Service | MLS#: NDP2607179