NOT LISTED FOR SALE

8030 Lemon Grove Way Lemon Grove, CA 91945

8 Beds
4 Baths
3,000 Sq Ft
9,491 Sq Ft Lot

Last Sold November 16, 2020

Last sale price $850,000 $283 Per Sq Ft

10 Days on Market

About This Home

As of November 2020

Lemon Grove 4-plex with great walkability to downtown Lemon Grove and amenities. Quick freeway and trolley access. Well-maintained with 0% vacancy within the last two years. Great investment opportunity with long-terms tenants. Roof is less than 1-year old and many interior upgrades completed within the last 5 years. On-site community laundry hook-ups, individually metered, separate water heaters, storage, and two off street parking spaces per unit.

Last Agent to Sell the Property

Jeffrey Whittington

Keller Williams Realty License #01893647 Listed on: 09/24/2020

Keller Williams Realty

Last Buyer's Agent

John Rinaldi

Apropos License #01861566

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 9,491 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 475-450-13-00

Community Details

Overview

  • 4 Units
  • 8030 32 Lemon Grove Way Community

Pet Policy

  • Pet Restriction

Building Details

  • Net Operating Income $40,096

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Grove
  • Neighborhood: Lemon Grove
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1963
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Prkng Non Garage Spac U3: 2
  • Prkng Non Garage Spac U4: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: 8030-32 Lemon Grove Way
  • Pets Allowed: Allowed w/Restrictions
  • Community: LEMON GROVE

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Topography: Level
  • Zoning: R-3:RESTRI
  • Assessor Parcel Number: 475-450-13-00
  • Estimated Lot Sq Ft: 9491
  • Estimated Number of Acres: 0.22
  • Map Code Column: H
  • Map Code Page: 1270
  • Map Code Row: 5

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 40096
  • Annual Expense Actual: 23864
  • Gross Rent Multiplier Actual: 13.29
  • Gross Sched Income Actual: 63960
  • Number Of Buildings: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Range of Values:

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Average Value
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List Price
Sold 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
11/16/2020 11/16/20 Sold $850,000 0.0% $283 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $850,000 -- $283 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jeffrey Whittington

    Keller Williams Realty

    Section Image

  • J

    Buyer's Agent in 2020

    John Rinaldi

    Apropos

    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 200046298

San Diego MLS
California San Diego County Lemon Grove 91945

8030 Lemon Grove Way, Lemon Grove, CA

This home is located at 8030 Lemon Grove Way, Lemon Grove, CA 91945 since 24 September 2020. This property was built in 1963. 8030 Lemon Grove Way is a home located in San Diego County with nearby schools including Lemon Grove Academy Middle, Mount Miguel High School, and Sparrow Academy.

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