9659 Marilla Dr, Lakeside, CA 92040 | For Sale

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For Sale $5,150,000

$5,150,000
  • (0)
  • 18 Units
  • Unknown Sq Ft
  • Unknown Sq Ft
  • Unknown Cap Rate

Description

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $5,150,000
Property Type Flex Space
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 0
Last Sold Unknown
Sold Price Unknown
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 38222007
MLS # 260014851SD
Property ID 322947239
Lot Sqft Unknown
Zoning Unknown
Total Units 18
Days on Market 22
Original List Price $5,150,000
Date Updated June 18, 2026
Date Created June 18, 2026

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

Conor Brennan an agent of CBRE. Lic #01918598


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of June 18, 2026 The information being provided 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.



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