Listing ID210024604
Price$805,000
StatusPENDING
CountySan Diego
Year Built1945
Property Type2-4 Units
Finally! A 2-unit is now available in Lemon Grove! Both units feature recently remodeled kitchens, baths, newer paint, garage doors, appliances, windows (all approx. 5 yrs), and storage shed. Some hardwood floors. Large separate garages with individual laundry. This is your opportunity to own a solid investment. Other opportunities may include, using the huge space for RV storage, rental, or unit addition/expansion. R-3 zoning with verbal approval from city to expand. Very steady rents/tenants. Rents are low for the area and have the flexibility for an increase. (Month to Month tenancy). For a primary residence, consider a purchase together with family and live right next door! Units are 2 bd/1 ba and 2 bd/2 ba. Large private yards make this property ideal. Easy access to shopping and highways make this an easy to rent or live in property! *Both units are tenant occupied. Please do not attempt to access the property. Please contact listing agent for any questions!
County
San Diego
City
Lemon Grove
Property Type
2-4 Units
Year Built
1945
Cooling
Wall/Window, N/K
Heat Equipment
Forced Air Unit
Heat Source
Natural Gas
Levels
1 Story
Total Stories
1
Unit 1 Estimated SqFt
704
Unit 1 Laundry Hook Ups
Yes
Unit 1 Number of Bedrooms
2
Unit 1 Number of Full Baths
1
Unit 1 Number Total Baths
1
Unit 2 Estimated SqFt
780
Unit 2 Laundry Hook Ups
Yes
Unit 2 Number of Bedrooms
2
Unit 2 Number of Full Baths
2
Unit 2 Number Total Baths
2
Unit Number for Unit 1
3270
Unit Number for Unit 2
3272
Complex Features
RV/Boat Parking
Entry Only
no
Exterior
Stucco
Fencing
Full
Irrigation
N/K
Lot Size
7,500-10,889 SF
Neighborhood
Lemon Grove
Number of Buildings
2
Number of Units
2
Number of Units w/Dryers
2
Number of Units w/Garage
2
Number of Units w/Patios
2
Number of Units w/Range/Oven
2
Number of Units w/Refrigerator
2
Number of Units w/Washers
2
Number Units w/Dishwashers
2
Parking for RV
Potential Space
Parking Garage Unit 1
Attached
Parking Garage Unit 2
Attached
Roof
Composition
Sewer/Septic
Sewer Connected
Site
Public Street
Spa
N/K
Spa Heat
None Known
Unit 1 Parking Garage Space
1
Unit 2 Parking Garage Space
1
Water
Meter on Property
Water Heater Type
Gas
Community
LEMON GROVE
Complex/Park
n/a
Country
United States
Market Area
East County
Topography
Level
View
N/K
Zip/Area
LEMON GROVE (91945)
Additional Property Use
N/K
Miscellaneous
Outbuilding
Property Type
2-4 UNITS
Age Restrictions
N/K
Annual Expense Actual
10000
Cap Rate Actual
5.5
Gross Rent Multiplier Act
17.44
Gross Scheduled Income Actual
45000
Home Owners Fee Includes
N/K
Possession
Other/Remarks, Call Listing Agent
Sale/Rent
For Sale
Sales Restrictions
N/K
Short Sale
no
Tenant Pays
Sewer, Trash, Water, Cable TV, Electricity
Terms
Cal Vet, Cash, Conventional, FHA, VA
Unit 1 Deposit
1500
Unit 1 Projected Rent
1950
Unit 1 Rent Actual
1840
Unit 2 Deposit
1500
Unit 2 Projected Rent
2100
Unit 2 Rent Actual
1910
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS. Data updated on Tuesday, November 30th, 2021 07:28:13 PM.
Contact - Listing ID 210024604
Lawrence Dy
11440 W. Bernardo Ct #300
San Diego, CA 92127
Phone: 8584491253
Phone Alt: 8584491253
Data services provided by IDX Broker
