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.
Sold for $875,000
$875,000
12157 Gay Rio Dr, Lakeside, CA 92040
4beds
--sqft
Multi Family
Built in 1974
-- sqft lot
$859,100 Zestimate®
$--/sqft
$3,625 Estimated rent
Home value
$859,100
$790,000 - $936,000
$3,625/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 13, 2025 at 04:42am
Listed by:
Dave Rice DRE #01296655 619-889-7003,
Valley View Properties
Bought with:
Laura Latronica, DRE #01862103
eXp Realty of California, Inc
Frances Mouser, DRE #01309623
eXp Realty of California, Inc
Source: SDMLS,MLS#: 240021655
Originating MLS: San Diego Association of REALTOR
Originating MLS: San Diego Association of REALTORFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other/Remarks
Cooling
- Other/Remarks
Features
- Number of fireplaces: 2
Interior area
- Total structure area: 2,400
Property
Features
- Levels: 2 Story
- Pool features: N/K
- Spa features: N/K
- Fencing: Partial
- Has view: Yes
- View description: Mountains/Hills
Lot
- Size: 0.35 sqft
Details
- Parcel number: 3972405300
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco, Wood, Wood/Stucco
- Roof: Composition
Condition
- Year built: 1974
Utilities & green energy
- Water: Meter on Property
- Utilities for property: Sewer Connected
Community & neighborhood
Security
- Security features: N/K
Community
- Community features: N/K
Location
- Region: Lakeside
- Subdivision: Lakeside (LK)
HOA & financial
HOA
- Services included: N/K
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA
Price history
| Date | Event | Price |
|---|---|---|
| 11/19/2024 | Sold | $875,000 |
Source:  SDMLS #240021655 Report a problem | ||
| 10/4/2024 | Pending sale | $875,000 |
Source: SDMLS #240021655 Report a problem | ||
| 9/12/2024 | Listed for sale | $875,000 |
Source: SDMLS #240021655 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 92040
Nearby schools
GreatSchools rating
- 3/10Lemon Crest Elementary SchoolGrades: K-5Distance: 1.2 mi
- 6/10Lakeside Middle SchoolGrades: 6-8Distance: 1.4 mi
- NALakeside Early Advantage PreschoolGrades: Distance: 1.9 mi
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Estimated market value
$859,100