NOT LISTED FOR SALE

7142 Westview Place Lemon Grove, CA 91945

Lemon Grove Area
12 Beds
8 Baths
4,500 Sq Ft
1965 Built

Sale Details

Date Sold: July 19, 2024

Last sale price $1,325,000 $294 Per Sq Ft

9 Days on Market

Highlights

  • Forced Air Heating System
  • Property is Fully Fenced
  • Level Lot

About This Home

As of July 2024

Special opportunity to acquire a rare fourplex featuring ALL 3-bedroom, 2-bath units! The community offers seven off-street parking spots and potential additional income through garage rentals and on-site laundry hook-ups. Perfect for an owner-occupied or investor looking for a property with lots of upside. Key Features: • Most sought after unit mix: All units are 3-bedroom, 2-bath • Value-add opportunities: Increase rents, add laundry services, and rent out garages • Desirable location: Strong tenant employment area with nearby shopping centers, restaurants, and parks, close to downtown San Diego.

Last Agent to Sell the Property

Doug Taber

Keller Williams Realty License #01920184 Listed on: 06/14/2024

Keller Williams Realty

Last Buyer's Agent

Doug Taber

Keller Williams Realty License #01920184 Listed on: 06/14/2024

Keller Williams Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Lot Details

  • Property is Fully Fenced
  • Level Lot

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 479-110-04-00

Community Details

Overview

  • 4 Units
  • Broadway Gardens Community

Building Details

  • Net Operating Income $37,177

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Massachusetts Ave
  • Neighborhood: Broadway Gardens
  • LP / Sq Ft: 14.51
  • Stories: 2 Story
  • Sale Price List Price: 0.96
  • Total Stories: 2
  • Year Built: 1965
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Prkng Non Garage Spac U4: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: Broadway Gardens
  • Community: LEMON GROVE

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Topography: Level
  • Assessor Parcel Number: 479-110-04-00

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 37177
  • Gross Rent Multiplier Actual: 17.1
  • Gross Rent Multiplier Projected: 9.8
  • Number Of Buildings: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Projected: 6900.0

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
Jun 14, 2024
Closed on
Jul 9, 2024
Sold by
Bought by
Seller's Agent
Doug Taber
Keller Williams Realty
Buyer's Agent
Doug Taber
Keller Williams Realty
List Price
$1,375,000
Sold Price
$1,325,000
Premium/Discount to List
-$50,000
-3.64%
Views
31

Purchase Details

Closed on
May 29, 2018
Sold by
Bought by

Purchase Details

Closed on
Jul 26, 1997
Sold by
Bought by

Purchase Details

Closed on
Dec 10, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,325,000 First American Title
-- None Available
$250,000 Chicago 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
Previous Owner $167,600
Previous Owner $235,000
Previous Owner $237,000
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
07/19/2024 07/19/24 Sold $1,325,000 -3.6% $294 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $1,375,000 -- $306 / 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 $19,627 $1,351,500 $882,300 $469,200
2025 $7,385 $1,325,000 $865,000 $460,000
2024 $7,385 $391,339 $101,740 $289,599
2023 $7,249 $383,667 $99,746 $283,921
2022 $7,222 $376,145 $97,791 $278,354
2021 $7,153 $368,771 $95,874 $272,897
2020 $7,039 $364,990 $94,891 $270,099
2019 $6,925 $357,834 $93,031 $264,803
2018 $6,761 $350,818 $91,207 $259,611
2017 $6,638 $343,940 $89,419 $254,521
2016 $6,372 $337,197 $87,666 $249,531
2015 $6,344 $332,133 $86,350 $245,783
2014 $6,137 $325,628 $84,659 $240,969
Source: Public Records

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Map

Source: San Diego MLS

MLS Number: 240013605

San Diego MLS

APN: 479-110-04-00

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