NOT LISTED FOR SALE

7560 North Ave Lemon Grove, CA 91945

3 Beds
2 Baths
5,478 Sq Ft
-- Built

Last Sold April 20, 2020

Last sale price $1,527,500 $279 Per Sq Ft

10 Days on Market

About This Home

As of April 2020

**Seller financing available with 50% down for up to 1 year with interest only payments** 7560 North Ave is a fantastic 11 units apartment building in the heart of Lemon Grove. The entire property is in need of remodeling/repairs and is currently vacant. Perfect for an investor looking for a fixer without the hassle of removing tenants in accordance with new rent control laws. The upside value is overwhelming with large units, possible development opportunities and obtaining market rents immediately. Per the tax record the subject property is 11 units, but one unit may or may not be permitted. Buyer to verify all permits and building is sold "AS-IS, WHERE-IS". Financing must be cash only or hard money loans per the condition of the property.

Last Agent to Sell the Property

Krista Losito

KB Investments License #01763777 Listed on: 03/23/2020

Last Buyer's Agent

Weston Card

Pacific Coast Commercial License #02013338

Property Details

Home Type

  • Multi-Family

Home Design

Additional Features

  • 3 Bedrooms
  • Number of ADU Units: 10

Community Details

  • 11 Units

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Com-Res Income
  • Co List Office Mls Id: 4185
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-02-25T14:57:59Z
  • FullAddress: 7560 North Ave
  • ShortSale: No
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 3

Exterior Features

  • Construction Type: Other/Remarks

Multi Family

  • Number Of Units Total: 11
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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
04/20/2020 04/20/20 Sold $1,527,500 -3.9% $279 / Sq Ft
04/03/2020 04/03/20 Pending -- -- --
03/30/2020 03/30/20 Price Changed $1,590,000 -90.1% $290 / Sq Ft
03/23/2020 03/23/20 For Sale $16,000,000 -- $2,921 / Sq Ft
Source: San Diego MLS

Tax History

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
2025 $26,327 $1,670,540 $656,733 $1,013,807
2024 $26,327 $1,637,785 $643,856 $993,929
2023 $25,764 $1,605,673 $631,232 $974,441
2022 $25,652 $1,574,190 $618,855 $955,335
2021 $25,364 $1,543,324 $606,721 $936,603
2020 $21,163 $1,209,777 $530,604 $679,173
2019 $20,700 $1,186,056 $520,200 $665,856
2018 $20,215 $1,162,800 $510,000 $652,800
2017 $17,222 $924,213 $301,029 $623,184
2016 $16,532 $906,092 $295,127 $610,965
2015 $16,457 $892,482 $290,694 $601,788
2014 $15,908 $875,000 $285,000 $590,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200014129

San Diego MLS

APN: 480-021-76-00

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