NOT LISTED FOR SALE

7080 Central Ave Lemon Grove, CA 91945

5 Beds
2 Baths
1,471 Sq Ft
1940 Built

Last Sold June 22, 2020

Last sale price $595,000 $404 Per Sq Ft

7 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • 1-Story Property

About This Home

As of June 2020

Two on 1!! Here is your chance to live in one and rent the other or as an investment! Front house remodeled with new kitchen cabinets, new flooring, paint, ... you will love this! Let the tenant help with your mortgage and enjoy single home living! One car garage (with washer and dryer hookups) and yard is yours to enjoy! Investors put a tenant in the front house and let the money roll in! Front house may rent for between $2350. Back house has a very large fenced yard. Rent in back $1860 as of 7/1/2020. Listing agent is part owner. Buyer to Verify information contained in listing prior to close of escrow. Seller may choose to do a 1031 Exchange at no cost to buyer. Not planning to do so at this point but leaving the option open. Please do not go into the back yard at any time without agt approval. Back house shown with accepted offer only. Do not disturb tenants. They are not aware of sale. Neighborhoods: Lemon Grove Other Fees: 0 Unit # for Unit 1: 7080 Unit # for Unit 2: 7082 Number of Furnished Units: 0

Last Agent to Sell the Property

LINDA MACKEY

Keller Williams Realty License #01371041 Listed on: 05/11/2020

Keller Williams Realty

Last Buyer's Agent

Ines Polanco-Silva

ROA California Inc License #01361399

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Combination Of Heating Systems

Listing and Financial Details

  • Tenant pays for trash collection, cable TV, electricity
  • Assessor Parcel Number 4791301600

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • unk

Building Details

  • Net Operating Income $31,185

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Park Name: unk
  • Subdivision Name Other: Lemon Grove
  • Property Type: Residential Income
  • Parcel Number: 4791301600
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Levels: One

Utilities

  • Heating: Yes
  • Heating Type: Combination, Floor Furnace
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Rental Info

  • Tenant Pays: Trash Collection, Cable TV, Electricity

Multi Family

  • Gross Scheduled Income: 38301.00
  • Net Operating Income: 31185.00
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
06/22/2020 06/22/20 Sold $595,000 -0.7% $404 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $599,000 +113.9% $407 / Sq Ft
09/04/2014 09/04/14 Sold $280,000 -1.8% $187 / Sq Ft
08/06/2014 08/06/14 Pending -- -- --
07/31/2014 07/31/14 For Sale $285,000 -- $190 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200021155

California Regional Multiple Listing Service (CRMLS)

APN: 479-130-16-00