Stunning Multi-Unit Property with Rental Income Potential in Lemon Grove! Welcome to this incredible investment opportunity or perfect generational home, nestled on a hill in beautiful Lemon Grove with breathtaking views! This turnkey, fully renovated property boasts three distinct units, offering endless possibilities for income or multi-family living, boasting a total square footage of 2,703 sq. ft. Unit 1: A 4-bedroom, 2.5-bathroom home spanning 1,527 sq. ft. Features include a cozy fireplace, dedicated laundry room, and stylish modern finishes throughout. Unit 2: A 2-bedroom, 2-bathroom unit with 845 sq. ft. This charming space comes equipped with a brand-new refrigerator, stove, microwave, dishwasher, fireplace, and its own laundry facilities. Unit 3: A 331 sq. ft. studio with a gas range, small refrigerator, and microwave, ideal for a tenant or guest suite. The property also features two RV spaces at the rear, each with sewer, water, and electric hookups, making them prime rental spaces at $1,500 per month each. Parking will never be an issue with ample parking for tenants or guests. The backyard offers a serene escape with a sparkling inground pool, fully fenced for privacy, and a convenient pool bath with toilet and vanity. Priced to sell at $1,650,000, this property is move-in ready with all renovations fully permitted and approved by the city. Whether you're looking for an income-generating investment or a home for a large family, this is an opportunity you won't want to miss! Variance granted 2-4 Units.
DAYS ON MARKET
|
51
|
LAST UPDATED
|
8/27/2024
|
TRACT
|
Lemon Grove
|
YEAR BUILT
|
1966
|
COUNTY
|
San Diego
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
Prior to Aug 1, '24
|
$1,799,900
|
Aug 1, '24 - Aug 27, '24 |
$1,749,900
|
Aug 27, '24 - Today |
$1,650,000 |
AIR |
Central Air |
AIR CONDITIONING |
Yes |
APPLIANCES |
Gas Water Heater |
CONSTRUCTION |
Stucco |
HEAT |
Active Solar, Electric, Forced Air, Natural Gas |
LOT |
0 |
LOT DIMENSIONS |
.25 to .5 AC |
POOL DESCRIPTION |
In Ground |
STORIES |
2 |
SUBDIVISION |
Lemon Grove |
Listed with Vylla Home, Inc.
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