619-990-4436
8929-31 Fair Ln, Lakeside 92040 1120 sqft
(1) 3 Bed / 1 Bath
(1) 2 Bed / 1 Bath
Case Study: 8929–31 Fair Ln, Lakeside 92040
Two-Unit Residential Income Property | Sold for $699,000
Property Overview
8929–31 Fair Lane is a well-located East County residential duplex positioned in a quiet Lakeside neighborhood with strong rental demand.
The property includes two detached units, each offering private layouts, individual utility structures, and long-term tenant appeal—making it a highly attractive income-producing asset for small investors.
Transaction Summary
Sale Price: $699,000
Asset Type: Residential Duplex (2 Units)
Unit Mix:
(1) 3 Bed / 1 Bath
(1) 2 Bed / 1 Bath
Square Footage: Approx. 1,120 SF total
Representation: Represented Seller
Submarket: Lakeside, East County San Diego
Advisory Strategy
1. Positioning the Duplex for Maximum Investor Interest
Duplexes in Lakeside and East County are in high demand due to:
Lower price points compared to coastal San Diego
Strong rent-to-price ratios
Limited supply of well-maintained two-unit assets
You positioned the property to highlight:
Functional layouts
Strong tenant retention
Stable cash flow potential
Low vacancy risk in the Lakeside rental market
This framing generated immediate investor interest and multiple inquiries.
2. High-Intent Buyer Targeting
Leveraged buyer network to focus on:
Local investors
First-time income buyers
1031 exchange participants
Owner-occupants exploring house-hacking
This precision targeting avoided low-quality inquiries and ensured a clean negotiation process.
3. Navigating Value Perceptions in East County
East County deals often hinge on:
Actual rents vs. market rents
Unit size and functionality
Deferred maintenance considerations
Cash-on-cash and cap rate benchmarks
Advisory framed the duplex as a strong entry-level investment with predictable performance, creating a compelling story for buyers seeking stable returns.
Thinking About Selling?
Whether you own a duplex, triplex, or mid-size apartment building in East County or anywhere in San Diego:
Request a confidential apartment valuation:
