7163-69 Central Avenue, Lemon Grove, CA 91945
7163-69 Central Avenue, Lemon Grove, CA 91945
7163-69 Central Avenue, Lemon Grove, CA 91945
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Glen Henderson

Glen Henderson

+1(619) 889-7646
$1,750,000
Est. payment /mo
0.46 Acres Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID NDP2608624

Lot Size 0.459 Acres

Property Sub-Type Res Income 2-4 Units

Type of Financing Cash,Exchange

Property Type Res Income 2-4 Units

Property Description

Well-maintained 7-unit apartment property in Lemon Grove offered at $1,750,000. Built in approximately 1988 on a large 19,979 SF lot, the property features one 3-bedroom, 2.5-bath front house and six 2-bedroom units, including two townhomes. Two 2-bedroom units offer direct access to garages with washer/dryer hookups. The property includes 14 parking spaces, select private yards and balconies, separate SDG&E meters, and more than $90,000 in completed capital improvements, including plumbing, roofing, decking, stairways, and HVAC work. Current scheduled income is approximately $146,064, with estimated market income of approximately $199,200 and approximately $53,136 in potential annual gross-income upside. Conveniently located near State Routes 94 and 125, shopping, restaurants, La Mesa, Spring Valley, and Downtown San Diego. Buyer to verify all information and independently confirm income, expenses, rents, square footage, parking, and property characteristics. Please do not enter or walk the property, or contact any tenants or property management, without the prior approval of the Listing Agent.

Location

State CA

County San Diego

Direction Contact Listing Agent.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 4792103300

Acceptable Financing Cash, Exchange

Listing Terms Cash, Exchange

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MLS Router / San Diego MLS
Listed by Eric von Bluecher, DRE#01926201 Lee & Associates 

Nearby School & Business

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Glen Henderson

Glen Henderson

+1(619) 889-7646

Broker Associate CA BRE #01384181

Broker Associate CA BRE #01384181

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