NOT LISTED FOR SALE

3270 New Jersey Ave Lemon Grove, CA 91945

4 Beds
3 Baths
1,470 Sq Ft
8,097 Sq Ft Lot

Last Sold June 28, 2018

Last sale price $590,000 $401 Per Sq Ft

47 Days on Market

About This Home

As of June 2018

Wonderful 2 unit Remodeled Lemon Grove Duplex! 2/1 and a 2/2 - each have 1 car garages and private fenced yards. Lots of extra parking space. Units have in last 3 years - new kitchens, baths, paint, garage doors, appliances, windows. Newer roof.Some Hardwood flooring. Charming! The rear 2/2 has a vaulted ceiling and open kitchen. Owner got a verbal ok from the City that one could possibly build 2 more units as long as the 4th is a low income unit, check with city for options. Live in one & rent the other! Great rebuilt shed in rear lot for storage! Used by owner. Laundry hook-ups for each unit in garages with sinks! Lots of parking and large private yards... what a great property to live in one and rent the other - or a great investment! There is room to move those rents up!! - even with Section 8. Neighborhoods: Lemon Grove Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 3270 Unit # for Unit 2: 3272 Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Maryann Augustine

Frontline Realty Group License #01224089 Listed on: 03/24/2018

Last Buyer's Agent

Keith Padalecki

People's Choice Brokers License #01959250

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 8,097

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • 1-Story Property
  • 8,097 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 4800831100

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Lemon Grove

Building Details

  • Net Operating Income $29,385

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Listing Details

  • CapRate: 4.90
  • Park Name: Lemon Grove
  • Subdivision Name Other: Lemon Grove
  • Property Type: Residential Income
  • Parcel Number: 4800831100
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Appliances: Yes
  • Levels: One

Exterior Features

  • Pool Private: No
  • Roof: Composition

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas

Lot Info

  • Lot Size Sq Ft: 8097.00
  • Lot Size Acres: 0.1900

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 37200.00
  • Lot Size Area: 8097.0000 Square Feet
  • Net Operating Income: 29385.00
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Range of Values:

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Average Value
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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 List to Sale Price per Sq Ft Prior Sale
06/28/2018 06/28/18 Sold $590,000 0.0% $401 / Sq Ft
05/10/2018 05/10/18 Pending -- -- --
03/24/2018 03/24/18 For Sale $590,000 +68.1% $401 / Sq Ft
08/30/2013 08/30/13 Sold $351,000 0.0% $239 / Sq Ft View Prior Sale
07/30/2013 07/30/13 Pending -- -- --
07/25/2013 07/25/13 For Sale $351,000 -- $239 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 180015315

California Regional Multiple Listing Service (CRMLS)

APN: 480-083-11-00