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Incredible Multi-Unit Property with Rental Income Potential in Lemon Grove! This beautifully renovated, turnkey property on a hill with stunning views offers an excellent opportunity for investors or large families seeking multi-generational living. Boasting a total of 2,703 sq. ft., it features three fully separate units and is equipped with solar power, providing significant energy savings. Unit 1 is the largest at 1,527 sq. ft., offering 4 spacious bedrooms, 2.5 bathrooms, a cozy fireplace, and a dedicated laundry room. This unit is perfect for an owner-occupant or as a rental. Unit 2 is an 845 sq. ft. 2-bedroom, 2-bathroom home featuring a fireplace, laundry, and brand-new kitchen appliances (refrigerator, stove, microwave, and dishwasher). The fresh upgrades make this unit highly attractive to potential tenants. Unit 3 is a 331 sq. ft. studio with a gas range, microwave, and small refrigerator, ideal as a rental unit or guest space. The property also includes two RV spaces in the back, each equipped with sewer, water, and electric hookups, providing a potential rental income of $1,500 per month per space. Outside, you'll find ample parking and a beautifully landscaped backyard featuring a fenced-in inground pool for private relaxation, complete with a pool bath that includes a toilet and vanity. Located in a peaceful neighborhood, this property is aggressively priced at $1,650,000. Renovation has been fully permitted with a certificate of occupancy from the city. Whether you're looking for rental income or a spacious generational home, this property's got you!
Last Updated | 8/27/2024 | Tract | Lemon Grove |
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Year Built | 1966 | Community | Lemon Grove |
County | San Diego |
Price History
Prior to Aug 1, '24 | $1,799,900 |
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Aug 1, '24 - Aug 27, '24 | $1,749,900 |
Aug 27, '24 - Today | $1,650,000 |
Additional Details
AIR | Central Air |
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AIR CONDITIONING | Yes |
APPLIANCES | Built-In Range, Counter Top, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Gas Water Heater, Microwave |
AREA | Lemon Grove |
BASEMENT | Yes |
CONSTRUCTION | Stucco |
FIREPLACE | Yes |
GARAGE | Assigned, Driveway |
HEAT | Electric, Forced Air |
INTERIOR | Bedroom on Main Level, Main Level Primary, Utility Room |
LOT | 0.31 acre(s) |
PARKING | Assigned,Driveway |
POOL | Yes |
POOL DESCRIPTION | In Ground |
STORIES | 2 |
SUBDIVISION | Lemon Grove |
UTILITIES | Sewer Connected,Water Connected |
VIEW | Yes |
VIEW DESCRIPTION | Mountain(s) |
Location
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