3255 Massachusetts Ave Unit 57 Lemon Grove, CA 91945
Estimated payment $6,675/month
Highlights
- No HOA
- Central Heating and Cooling System
- Back and Front Yard
- Laundry Room
About This Home
Investment Opportunity: Income-Producing Duplex with Modern Upgrades: Discover an exceptional investment opportunity with this meticulously maintained duplex, perfectly poised for both seasoned investors and owner-occupants seeking a lucrative income stream. Each unit offers a spacious and comfortable living environment, featuring 3 bedrooms and 2 bathrooms, providing ample space for families or tenants. A key highlight for residents is the private 2-car garage and dedicated backyard space for each unit, ensuring convenience and privacy. One unit boasts recent upgrades, including stylish wood-like laminate flooring. Both units are equipped with central heat and air conditioning, guaranteeing year-round comfort. The master bedrooms in both units are generously sized and feature wall-to-wall mirrored wardrobe doors, adding a touch of elegance and practicality. The entire property is secured with a complete perimeter fence and a rolling gate across the driveway, offering peace of mind and enhanced security. Furthermore, automatic sprinklers simplify landscape maintenance, making this a truly low-maintenance investment. This duplex presents a rare chance to live in one unit and rent out the other, effectively offsetting your mortgage, or to maximize your returns by renting out both units.
Listing Agent
Signature Realty & Loans Brokerage Phone: 619-672-8253 License #01884430 Listed on: 07/25/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,770
Year Built
- Built in 1991
Lot Details
- 7,405 Sq Ft Lot
- 1 Common Wall
- Back and Front Yard
Parking
- 4 Open Parking Spaces
- 4 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 2,573 Sq Ft Home
- 2-Story Property
- Laminate Flooring
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot B
- Tax Tract Number 1094
- Assessor Parcel Number 4790840600
- $1,370 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
- Lemon Grove Subdivision
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,200
- Water Sewer Expense $1,440
- Operating Expense $3,640
- Gross Income $65,400
- Net Operating Income $61,760
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,770 | $715,091 | $300,457 | $414,634 |
| 2024 | $9,770 | $701,070 | $294,566 | $406,504 |
| 2023 | $9,531 | $687,325 | $288,791 | $398,534 |
| 2022 | $9,483 | $673,849 | $283,129 | $390,720 |
| 2021 | $9,360 | $660,637 | $277,578 | $383,059 |
| 2020 | $9,251 | $653,864 | $274,732 | $379,132 |
| 2019 | $9,104 | $641,045 | $269,346 | $371,699 |
| 2018 | $8,901 | $628,476 | $264,065 | $364,411 |
| 2017 | $150 | $616,154 | $258,888 | $357,266 |
| 2016 | $8,462 | $604,073 | $253,812 | $350,261 |
| 2015 | $4,928 | $309,145 | $84,036 | $225,109 |
| 2014 | -- | $303,090 | $82,390 | $220,700 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | For Sale | $1,100,000 | -- | $428 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $595,000 | Ticor Title San Diego Branch | |
| Interfamily Deed Transfer | -- | Ncs Title | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Stewart Title | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $50,000 | -- | |
| Deed | $78,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $418,500 | New Conventional | |
| Closed | $446,250 | New Conventional | |
| Previous Owner | $266,700 | New Conventional | |
| Previous Owner | $269,500 | New Conventional | |
| Previous Owner | $200,000 | Unknown | |
| Previous Owner | $75,000 | Unknown | |
| Previous Owner | $26,700 | Credit Line Revolving | |
| Previous Owner | $167,000 | Unknown |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW25167853
APN: 479-084-06
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Based on information from California Regional Multiple Listing Service, Inc. 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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