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$1,100,000
Est. payment /mo
5 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Lemon Grove
MLS Listing ID 260021117
Bedrooms 5
Full Baths 4
Year Built 1948
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash,Conventional
Property Type Res Income 2-4 Units
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 East County
Interior
Cooling Central Forced Air, Wall/Window
Fireplace No
Exterior
Fence Gate
View Y/N No
Roof Type Composition
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 480-202-04-00
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/snd/260021117
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Listed by Modesta A Gilpin, DRE#01394822 HomeSmart Realty West
Nearby School & Business
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