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$ 1,285,000
Est. payment | /mo
$ 1,285,000
Est. payment | /mo
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Lemon Grove
MLS Listing ID 260021117SD
HOA Y/N No
Year Built 1948
Property Description
Investment Opportunity in the Heart of Lemon Grove! Rare opportunity to own a versatile, income-producing property offering four separate living units and approximately $8,400 per month in rental income (over $100,000 annually). The property features a spacious 3-bedroom, 1-bath main residence, along with three additional ADUs, including: • Attached 2-bedroom, 1-bath J-ADU • Attached studio J-ADU with private bath • Detached studio ADU Whether you're an investor seeking immediate cash flow, completing a 1031 Exchange, or an owner-occupant looking to offset your mortgage with rental income, this property offers exceptional flexibility and earning potential. Situated on a generously sized lot in the desirable community of Lemon Grove, the property provides convenient access to Highways 94, 125, Interstate 8, and Interstate 805, making commuting throughout San Diego County simple. Downtown San Diego, Naval Base San Diego, SDSU, shopping centers, restaurants, parks, and public transportation are all just minutes away.
Location
State CA
County San Diego
Area 91945 - Lemon Grove
Building/Complex Name Lemon Grove
Interior
Cooling Central Air, Wall/Window Unit(s)
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 4802020400
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Modesta Gilpin HomeSmart Realty West #01394822
NEARBY SCHOOLS & PROPERTIES
5631 Palmer Way Suite K, Carlsbad, CA 92010, United States