NOT LISTED FOR SALE

7101 Westview Place Lemon Grove, CA 91945

Lemon Grove Area
14 Beds
10 Baths
4,510 Sq Ft
0.29 Acre Lot

Sale Details

Date Sold: April 18, 2024

Last sale price $1,850,000 $410 Per Sq Ft

45 Days on Market

About This Home

As of April 2024

Fully Remodeled 6% CAP Day One!! Seller Open To an AITD at 4% Interest! 7101 Westview Place offers an investment opportunity for any investor! Originally built in 1965, the 6-unit apartment complex is located in Lemon Grove, a suburb city in San Diego County. The Westview Apartment complex consists of four 3 Bed/2 Bath units, and two 1 Bed/ 1 Bath units. The units are between 500- 1,300 SF and sits on a 12526 SF lot. There is parking available for tenants on site and the property has been well maintained. There is a large common yard area that has potential to upgrade to bring additional value to tenant living.

Last Agent to Sell the Property

Jason Lee

Nara Advisors, Inc. License #02068011 Listed on: 12/07/2023

Last Buyer's Agent

Kyle Connor

Compass License #02192324

Compass
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Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.29

Parking

  • Parking Available

Home Design

  • Stucco

Interior Spaces

  • 14 Bedrooms
  • 2-Story Property

Additional Features

  • 12,526 Sq Ft Lot
  • Number of ADU Units: 1
  • No Cooling

Listing and Financial Details

  • Total Actual Rent $14,250

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • Operating Expense $54,202

Property Details

Home Type

Multi-Family

Lot Details

0.29 Acres

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Property Sub Type: Com-Res Income
  • CapRate: 6.0
  • Co List Office Mls Id: 991580
  • FeedTypes: VOW
  • RFModificationTimestamp: 2025-07-18T09:01:02Z
  • FullAddress: 7101 Westview Pl
  • ShortSale: No
  • SDMLS_NumofADUUnits: 1.0
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 14

Exterior Features

  • Construction Type: Stucco

Garage/Parking

  • Parking Features: Spaces

Utilities

  • Cooling: None

Lot Info

  • Zoning: R-3
  • Lot Size Sq Ft: 12526.0

Multi Family

  • Number Of Buildings: 2
  • Number Of Units Total: 6
  • Annual Operating Expense: 54202.0
  • Total Actual Rent: 14250.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2023
Closed on
Mar 22, 2024
Sold by
Bought by
Seller's Agent
Jason Lee
Nara Advisors, Inc.
Buyer's Agent
Kyle Connor
Compass
List Price
$1,900,000
Sold Price
$1,850,000
Premium/Discount to List
-$50,000
-2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,175,000
Outstanding Balance
$1,146,237
Interest Rate
6.87%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 13, 2022
Sold by
Bought by

Purchase Details

Closed on
Dec 11, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$796,875
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$639,000
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 12, 2014
Sold by
Bought by

Purchase Details

Closed on
Jun 15, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,150
Interest Rate
4.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 2, 2006
Sold by
Bought by

Purchase Details

Closed on
Apr 15, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 2, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,750
Interest Rate
5.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 10, 1999
Sold by
Bought by

Purchase Details

Closed on
Aug 20, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lemon Grove, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,850,000 Chicago Title
-- --
$1,062,500 Ticor Title San Diego Branch
$852,000 Chicago Title Company
-- None Available
$484,500 Lawyers Title Company
$723,606 Landsafe Title
-- Commonwealth Land Title Co
-- Fidelity National Title
$715,000 Commonwealth Land Title Co
-- --
$252,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,175,000
Previous Owner $500,000
Previous Owner $796,875
Previous Owner $639,000
Previous Owner $339,500
Previous Owner $339,150
Previous Owner $50,000
Previous Owner $628,000
Previous Owner $675,000
Previous Owner $607,750
Previous Owner $21,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/18/2024 04/18/24 Sold $1,850,000 -2.6% $410 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
12/07/2023 12/07/23 For Sale $1,900,000 -- $421 / Sq Ft
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $28,127 $1,924,740 $1,154,844 $769,896
2025 $20,558 $1,887,000 $1,132,200 $754,800
2024 $20,558 $1,380,330 $813,447 $566,883
2023 $18,619 $1,229,925 $676,260 $553,665
2022 $15,744 $1,083,750 $663,000 $420,750
2021 $15,546 $1,062,500 $650,000 $412,500
2020 $13,570 $904,147 $373,228 $530,919
2019 $13,364 $886,419 $365,910 $520,509
2018 $13,062 $869,039 $358,736 $510,303
2017 $9,025 $538,862 $222,440 $316,422
2016 $8,682 $528,297 $218,079 $310,218
2015 $8,639 $520,363 $214,804 $305,559
2014 $8,335 $510,171 $210,597 $299,574
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230023645

San Diego MLS

APN: 479-110-14-00

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