NOT LISTED FOR SALE

2365-67 Washington St Lemon Grove, CA 91945

5 Beds
2 Baths
2,000 Sq Ft
1958 Built

Last Sold January 12, 2021

Last sale price $570,000 $285 Per Sq Ft

9 Days on Market

Highlights

  • Attic Fan
  • 1-Story Property
  • 2-minute walk to Lemon Grove Park
  • Property is Fully Fenced

About This Home

As of January 2021

Lovely 2 units each with amazing tenants. Back unit has converted garage into 3rd bedroom. Permits unknown. Back unit also has built in storage room. Each unit has private yard. Tenants are month to month and have been there for many years which is why rents are low. Listing agent is owner of selling LLC. Do not disturb tenants. Will show units with offer. Buyer to co-operate with seller 1031 exchange at no cost or delay to buyer.

Last Agent to Sell the Property

Cheryl Horn

Cheryl Horn, Broker License #01900723 Listed on: 11/13/2020

Last Buyer's Agent

Cheryl Horn

Cheryl Horn, Broker License #01900723 Listed on: 11/13/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Attic Fan

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $27,000

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gardener, gas/propane, hot water
  • Assessor Parcel Number 303-330-21-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Mt Vernon
  • Neighborhood: lemon grove addition 1
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1958
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Utilities

  • Cooling: Attic Fan, Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: LEMON GROVE

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Assessor Parcel Number: 303-330-21-00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gardener, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 27000
  • Annual Expense Actual: 9200
  • Annual Expense Projected: 9200
  • Gross Rent Multiplier Actual: 13.75
  • Gross Sched Income Actual: 36000
  • Gross Sched Income Projected: 40000
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2021 01/12/21 Sold $570,000 0.0% $285 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $570,000 -- $285 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Cheryl Horn

    Seller's Agent in 2021

    Cheryl Horn

    Cheryl Horn, Broker

    (858) 692-4249

    2 in this area

    10 Total Sales

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Map

Source: San Diego MLS

MLS Number: 200051622

San Diego MLS

California San Diego County Lemon Grove 91945

2365-67 Washington St, Lemon Grove, CA

This home is located at 2365-67 Washington St, Lemon Grove, CA 91945 since 13 November 2020. This property was built in 1958. 2365-67 Washington St is a home located in San Diego County with nearby schools including Mount Miguel High School, Saint John Of The Cross Catholic School, and Lighthouse Christian Academy.

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