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:… Read More • 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. Read Less
Listing Snapshot
Days Online
41
Last Updated
Year Built
1948
MLS Number
260021117SD
Additional Details
Building
Built in 1948, 2 buildings, 1 storey, Levels: One
Community
Park Name: Lemon Grove
Cooling
CentralAir, WallWindowUnits
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $8,400, Net Operating Income: $84,817
Roof
Composition
Taxes
Parcel Number: 4802020400
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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