Sold
Last Sold Price
4 beds2,400 sqft$365/sqft
12157 Gay Rio Dr, Lakeside, CA 92040
Multi FamilyProperty Type
0.35 acresLot Size
1974Year Built
$365/sq ftPrice per sq ft

Description

Rarely available investment opportunity or live in one, rent the other! Two spacious 2br/1ba units, each with its own attached two-car garage with laundry and extra storage below the upper levels. New $50K roof with 5" insulating underlayment and new gutters, termite clearance done. One unit updated with new dual-pane vinyl windows, two mini-split AC/heat pumps, fresh paint, vinyl plank flooring, butcher block counters, electric fireplace and more. Lots of driveway parking with potential room for...Rarely available investment opportunity or live in one, rent the other! Two spacious 2br/1ba units, each with its own attached two-car garage with laundry and extra storage below the upper levels. New $50K roof with 5" insulating underlayment and new gutters, termite clearance done. One unit updated with new dual-pane vinyl windows, two mini-split AC/heat pumps, fresh paint, vinyl plank flooring, butcher block counters, electric fireplace and more. Lots of driveway parking with potential room for boat/RV plus a second driveway below the units. Private hillside location surrounded by single-family homes offers seclusion and views across the valley.
  • Listed by: Dave Rice DRE #01296655 • Valley View Properties 619-889-7003
Listing closed: 11/19/2024 12:00 AM • Source: SDMLS, MLS#: 240021655

Location

Listing Courtesy of Valley View Properties, Dave Rice, DRE #01296655

Sold By eXp Realty of California, Inc, Laura Latronica, DRE #01862103; eXp Realty of California, Inc, Frances Mouser, DRE #01309623

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Payment Calculator

$4,754 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,448

Property Taxes

$306

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 12157 Gay Rio Drive

Property Details
  • MLS Type: Residential Income
  • Community: Lakeside (LK)
  • View: Mountains/Hills
  • Area Zip: LAKESIDE (92040)
  • Standard Status: Closed
Building Information
  • Stories: 2
  • Residences: 2
  • Year Built: 1974
  • Lot Size: 0.35 AC / 15,121 SF
Summary
Location and General Information
  • Coordinates: -116.929343, 32.836265
  • Latitude: 32.836265
  • Longitude: -116.929343
  • Directions: CrossStreet: Winter Gardens
  • MLS Area Major: East County
  • Water Source: Meter on Property
  • Building Name: N/A
Taxes and HOA
  • Association Fee: $0
  • Association Fee Includes: N/K
  • Other Fees: $0
  • CFD Mello Roos Fee: $0
  • Monthly Total Fees: $0
Property
Lot Information
  • Building Area Total: 2400.0
  • Building Area Units: Sqft
  • Living Area: 0
  • Living Area Units: Sqft
  • Lot Size Area: 0.35
  • Lot Size Square Feet: 15121.0
  • Lot Size Units: Sqft
  • Lot Size:
Property and Assessments
  • Property Type: Residential Income
  • Age Restrictions: N/K
  • Site: Private Street
  • Telecommunications: N/K
  • Year Built: 1974
Farm Information
  • Irrigation Source: N/K
Utilities
  • Sewer: Sewer Connected
  • Utilities: Sewer Connected
  • Heat Source: Electric, Propane
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco, Wood, Wood/Stucco
  • Fencing: Partial
  • Pool Features: N/K
  • Pool Heat: N/K
  • Roof: Composition
  • Community Features: N/K
  • Other Structures: N/K
  • Security Features: N/K
  • Number Of Buildings: 1
  • Structures: N/K
Interior Features
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Fireplaces Total: 2
  • Stories Total: 2
  • Cooling: Other/Remarks
  • Heating: Other/Remarks
  • Levels: 2 Story
  • Spa Features: N/K
  • Bedrooms Count: 4
  • Baths Total: 2.0
Multi Family
Income & Expenses
  • Operating Expense: $3,250
  • Proj Gross Sched Income: 57600
  • Other Income Actual: $0
  • Gross Scheduled Income: $21,000
Multi Family Information
  • Unit Numfor Unit1: A
  • Unit Numfor Unit2: B
  • Unit 1 Projected Rent: $2,200
  • Unit 2 Projected Rent: $2,600
  • Num Units w Cooling: 1
  • Number Of Units Total: 2
Rental
Rent Information
  • Tenant Pays: Electricity, Gas/Propane, Hot Water, Trash

Property History for 12157 Gay Rio Drive

DateEvent & SourcePriceAppreciation
Nov 19, 2024

Sold

CRMLS #240021655SD

$875,000
Nov 19, 2024

Sold

SDMLS #240021655

$875,000
Nov 18, 2024

Sold

CLAW #240021655SD

$875,000
DateEvent & SourcePrice
11/19/2024

Sold

CRMLS #240021655SD

$875,000
11/19/2024

Sold

SDMLS #240021655

$875,000
11/18/2024

Sold

CLAW #240021655SD

$875,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 12157 Gay Rio Drive

Taxable ValueLand$72,344Additions$154,207Total$226,551
Tax Record2020$3,675 ($306 / month)
Home Facts
Total Finished SqFt2,378 SqFtAbove Grade Finished SqFt2,378 SqFtLot Size199,505 SqFtStyleDuplexYear Built1974Year Renovated1974ZoningR1CountySAN DIEGOAPN3972405300

Schools near 12157 Gay Rio Drive

This home is within Grossmont Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 1
Rating
School
Distance
Lemon Crest Elementary School
PublicK to 5

Lakeside Middle School
Public6 to 8

El Capitan High School
Public9 to 12

Winter Gardens Elementary School
PublicK to 1

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 12157 Gay Rio Drive, Lakeside, CA 92040
$875,000
4
2,400
15,121
$875,000
2
2,378
15,121
$700,000
4
1,843
$330,000
3
2,136
17,859
$333,000
3
1,356
18,295
$341,000
3
2
1,864
11,642

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Valley View Properties, Dave Rice, DRE #01296655

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by SDMLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 SDMLS®, Inc.