For more information on this property, contact Lawrence Dy at 8584491253 or

3270-72 New Jersey Ave
Lemon Grove, California CA 91945
Sold For: $785,000
Listing ID 210024604
Status SOLD
Year Built 1945

Property Description:

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!

Primary Features

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
Financing: FHA
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

Zoning Info

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 Monday, January 17th, 2022 07:41:58 PM.


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Lawrence Dy

11440 W. Bernardo Ct #300
San Diego, CA 92127
Phone: 8584491253
Phone Alt: 8584491253

Data services provided by IDX Broker