$900,000
$920,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
7,135 Sqft Lot
SOLD DATE : 03/12/2024
Key Details
Sold Price $900,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Lemon Grove
MLS Listing ID 230017948SD
Sold Date 03/12/24
HOA Y/N No
Year Built 1958
Lot Size 7,135 Sqft
Acres 0.1638
Property Description
Great opportunity for you to assume an FHA loan at 2.466%. Positive cash flowing 3 units with long term tenants. (1 unit unpermitted) 48K spent in recent upgrades to the property. There is a large utility area that could function as a workshop or could be converted into a 4th unit. Walking distance to the trolley station and the bus stop. Close to the freeway, shopping, and schools. The two 2 bedroom units have full size washer and dryer hookups. The studio has a full bathroom. The driveway is very long- you could park an RV or a boat. $5200 in current income with a lot of room to grow.
Location
State CA
County San Diego
Area 91945 - Lemon Grove
Zoning R-2:MINOR
Interior
Heating Natural Gas
Cooling None
Fireplace No
Appliance Gas Water Heater
Exterior
Pool None
View Y/N Yes
View None
Roof Type Composition
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 4802231300
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Assumed
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Bought with Jason Oakes • Big Block Realty, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner