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18-Unit Apartment Investment

9659 Marilla Dr Lakeside, CA 92040

9659 Marilla Dr, Lakeside, CA, 92040
$5,150,000
For Sale
$5,150,000

Built in 1989, this 18-unit apartment property offers a mix of two-bedroom units with 27 parking spaces.

Lot Size28,700.00 Acres
Days on Market39

Property Features for 9659 Marilla Dr

General Information

Standard status
Active
Lot size
28,700.00 Acres
Property subtype
Mixed Use
Listing agency Conor Brennan, Broker
Listed by Conor Brennan · License #01918598
Source Xome
Added: Jun 13 Updated: Jul 21 at 4:42AM Checked: Jul 21 at 4:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Conor Brennan, Broker


Investment Insights

Based on property information with market context.

Marilla Crest Apartments is an 18-unit multifamily property built in 1989. The unit mix consists of four two-bedroom, one-bath units and fourteen two-bedroom, two-bath units. The property includes 27 parking spaces and seven on-site storage units.

Recent capital improvements are highlighted throughout the asset, including 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 across the property.

Set on an expansive lot, this well-maintained apartment investment is positioned with reduced near-term capital expenditure requirements based on the recent upgrade history described.

Key Highlights

  • Marilla Crest Apartments is an 18‑unit multifamily property built in 1989.
  • Unit mix includes four 2‑bed/1‑bath units and fourteen 2‑bed/2‑bath units.
  • Set on an 18,700 SF lot with 27 parking spaces and seven on‑site storage units.

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Hair Salon Nail Salon Skin Care Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Built in 1989, this 18-unit apartment property offers a mix of two-bedroom units with 27 parking spaces.
Where is this apartment building located?
The property is located at 9659 Marilla Dr Lakeside, CA.
What is the asking price?
The asking price for this property is $5,150,000.
What are key features of this property?
This property features: Marilla Crest Apartments is an 18‑unit multifamily property built in 1989.; Unit mix includes four 2‑bed/1‑bath units and fourteen 2‑bed/2‑bath units.; Set on an 18,700 SF lot with 27 parking spaces and seven on‑site storage units.
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