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$799,000
Est. payment /mo
9,195 Sqft Lot
UPDATED:
02/08/2025 12:07 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2501238
HOA Y/N No
Lot Size 9,195 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Income-producing duplex in the heart of Lemon Grove, offering an excellent investment opportunity. The main house features 2 bedrooms and 1 bathroom, while the second unit is a 1-bedroom, 1-bathroom property currently tenant-occupied. 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.
Income-producing duplex in the heart of Lemon Grove, offering an excellent investment opportunity. The main house features 2 bedrooms and 1 bathroom, while the second unit is a 1-bedroom, 1-bathroom property currently tenant-occupied. 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.
Income-producing duplex in the heart of Lemon Grove, offering an excellent investment opportunity. The main house features 2 bedrooms and 1 bathroom, while the second unit is a 1-bedroom, 1-bathroom property currently tenant-occupied. 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.
Location
State CA
County San Diego
Area Lemon Grove (91945)
Zoning Assessor
Interior
Cooling Wall/Window
Building
Lot Description Sidewalks
Story 1
Lot Size Range 7500-10889 SF
Others
Monthly Total Fees $113
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
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Listed by Rene McGonigle • Real Broker
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