$1,050,000
$1,050,000
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6 Beds
2 Baths
1,300 SqFt
SOLD DATE : 03/06/2024
Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 1,300 sqft
Price per Sqft $807
Subdivision Lemon Grove
MLS Listing ID 230024241
Sold Date 03/06/24
Bedrooms 6
Full Baths 2
HOA Y/N No
Year Built 1959
Property Description
PRICE CORRECTION! Fresh remodel of two 3BR units located on a 10,000sqft lot! Separate top + bottom layout provides privacy, separate parking + yard + outdoor living space for each home. Located on a quiet residential street with stunning views of the Coronado Bridge + Quick access to the 94 freeway! Ample parking + Individual W/D hookups for each unit. Top unit has a laundry room. Cash in on $7-$8K monthly income while pulling permits to build ADUs! 5.9% - 6.98% existing Cap Rate!
Location
State CA
County San Diego
Community Lemon Grove
Area Lemon Grove (91945)
Building/Complex Name None
Exterior
Exterior Feature Stucco
Fence Other/Remarks
Community Features RV/Boat Parking
Complex Features RV/Boat Parking
Roof Type Composition
Building
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Space Rent $3,500
Listing Terms Cash, Conventional, Exchange, FHA, VA
Financing Conventional
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Bought with Keegan Wetzel • Real Broker
1420 Kettner Blvd, Suite 100, Diego, CA, 92101, United States