This paper presents the results of the laboratory evaluation of the characteristics of lateritic soil stabilized reclaimed asphalt pavements (RAP), using 0 – 2% cement, subjected to British Standard Light (BSL) compactive effort to determine their index, compaction and california bearing ratio (CBR) results. The result of the laboratory tests show that the properties of RAP improved when stabilized with lateritic soil, using up to 2% cement. The particle size distribution improved from poorly graded sandy GRAVELLY material for 100% lateritic soil and very sandy GRAVELLY material, to the gradation described as well graded very sandy GRAVELLY material for lateritic soil stabilized RAP, using up to 2% cement. The CBR results obtained from the study show that using the Nigerian General Specifications, 180% CBR value criterion, the maximum CBR of 55% (soaked) for the mix proportion; 40% Laterite + 58% RAP + 2% Cement for A-2-7(2) soil prescribed by the latter is not adequate for stabilization of base coarse. However, judging by the 24-hour strength gain from 17.9 (unsoaked) to 55% (soaked) CBR values, the material can be used as subgrade and subbase materials.