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$979,000
●
House -
For Sale
12172 Gay Rio Drive
Lakeside, CA 92040
4 Beds
1 Bath
1,645 Ft²
$4,808
Est. Monthly
About This Property
Welcome to a beautifully upgraded and versatile home where the
possibilities are as expansive as the property itself. Tucked in
the heart of Lakeside on a generous corner lot, this property
offers the freedom to create your own backyard oasis. Enjoy
the added value of solar for energy efficiency and a private well
in the back. There's plenty of room for lush landscaping,
outdoor entertaining, a pool, gardens, or all of the above
The pull-through driveway and oversized lot makes plenty of
space for your RV, trailers, work trucks, toys or equipment!
What truly sets this property apart is the separate upper
portion of the lot-a rare opportunity with incredible potential for
an ADU, guest house, workshop, or multigenerational living (buyer
to verify). Whether you're planning for extended family, rental
income, or simply want room to expand, this home gives you all the
options.. Properties that combine modern upgrades, usable
land, and future potential are few and far between. Don't miss your
chance to own one of Lakeside's most versatile properties!
Unit Size
1,645 Ft²
Days on Market
97 days
Land Size
0.72 acres
Price per sqft
$595
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1969
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 12 days ago (SDMLS #PTP2605447)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 18, 2026 | Listed by Coldwell Banker West | $979,000 | |
| Listed by Coldwell Banker West | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Open Parking Spaces: 8
Interior Details
Full Bathrooms: 1
Interior Features: AllBedroomsDown, Attic
Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator
Laundry Features: In Garage
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Square Footage: 1645
Square Footage Source: $0
Year Built: 1970
Levels: One
Pool Features: None
Lot Features: Back Yard, Corner Lot, Front Yard, Paved, Rectangular Lot, ZeroToOneUnitAcre
Lot Size Area: 0.72
Lot Size Units: Acres
Lot Size Acres: 0.72
Lot Size Square Feet: 31363.2
Water Source: Well
Utilities Details
Cooling Type: Central Air
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Winter Gardens
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Currently no similar homes aroundNearby Rentals
Listed by: Misti Taylor, Coldwell Banker West
Last Updated: 12 days ago
Data Source: CRMLS, MLS# PTP2605447
Last Updated: 12 days ago
Data Source: CRMLS, MLS# PTP2605447
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