Income-producing duplex in the heart of Lemon Grove, offering an excellent investment opportunity. The main house features 2 bedrooms and 1 bathroom currently tenant-occupied, while the second unit is a 1-bedroom, 1-bathroom property. Lease agreement details will be provided with an accepted offer. The City of Lemon Grove's planning department confirms the potential to add at least one ADU per duplex under California's new density bonus law, further enhancing this property's value. Both units include washer/dryer hookups and benefit from modern updates, such as new windows, solar (leased), stucco siding, and crawl space encapsulation. Plumbing was also replaced, and two new water heaters were installed in 2020. Set back from the street in a quiet neighborhood, the property boasts a fire pit, a charming picture window, and is situated on a large lot with no HOA. Conveniently located near schools and major freeways, this is a rare opportunity to own a versatile, income-generating property in Lemon Grove.
|
DAYS ON MARKET
|
54
|
LAST UPDATED
|
3/14/2025
|
|
TRACT
|
Lemon Grove
|
YEAR BUILT
|
0
|
|
COUNTY
|
San Diego
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
|
Prior to Mar 14, '25
|
$799,000
|
| Mar 14, '25 - Today |
$750,000 |
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| LOT |
9196 sq ft |
| LOT DIMENSIONS |
7,500-10,889 SF |
| STORIES |
1 |
| SUBDIVISION |
Lemon Grove |
| ZONING |
Assessor |
Listed with Real Broker
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