NOT LISTED FOR SALE
5 Beds
3 Baths
1,917 Sq Ft
8,551 Sq Ft Lot

Last Sold July 27, 2023

Last sale price $1,000,000 $522 Per Sq Ft

17 Days on Market

About This Home

As of July 2023

Welcome to this meticulously taken care of duplex in the in the heart of Lemon Grove. The property has recently been upgraded with some newer stucco, paint and flooring. The perfect opportunity for an owner user who wishes to live in one and rent the other OR an investor looking for a property that is very close to market rents! Don't miss this rare opportunity to pick up a beautiful duplex that doesn't need much maintenance and is almost at market rents!

Last Agent to Sell the Property

Voltaire Lepe

eXp Realty of California, Inc. License #01422464 Listed on: 06/08/2023

eXp Realty of California, Inc.

Last Buyer's Agent

Yaneth Villavicencio

Keller Williams San Diego Metro License #02107174

Keller Williams San Diego Metro

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 8,551 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Schools

  • Lemon Grove School Distict Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 479-312-08-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $35,574

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Jaynia Pl x San Miguel
  • Neighborhood: Lemon Grove
  • LP / Sq Ft: 16.19
  • Miscellaneous: Value in Land
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1955
  • 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: Partial
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: LEMON GROVE

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: Lemon Grove School Distict
  • Elementary School Website: http://www.lgsd.k12.ca.us/lgsd/default.htm
  • High School: San Diego Unified School District
  • Middle School Url: http://www.lgsd.k12.ca.us/lgsd/default.htm
  • Middle School: Lemon Grove School Distict

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Public Street, Street Paved
  • Water District: HELIX WATER DISTRICT
  • Assessor Parcel Number: 479-312-08-00
  • Estimated Lot Sq Ft: 8551
  • Water District URL: http://www.hwd.com
  • Estimated Number of Acres: 0.2

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 35574
  • Annual Expense Actual: 23522
  • Annual Expense Projected: 23971
  • Gross Rent Multiplier Actual: 14.77
  • Gross Rent Multiplier Projected: 9.74
  • Gross Sched Income Actual: 60924
  • Gross Sched Income Projected: 92400
  • Number Of Buildings: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Range of Values:

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List 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
07/27/2023 07/27/23 Sold $1,000,000 +0.1% $522 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $999,000 -- $521 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230010821

San Diego MLS