8075 Palm St Lemon Grove, CA 91945
4
Beds
2
Baths
1,800
Sq Ft
5,924
Sq Ft Lot
Highlights
- Attic Fan
- Partially Fenced Property
- 1-Story Property
About This Home
As of December 2024Discover an exceptional investment opportunity in Lemon Grove, listed at $849,000. This delightful duplex consists of two separate units, each featuring two bedrooms and one bathroom, making it ideal for both investors and homeowners looking for supplementary income. Each unit boasts a spacious living room, a distinct kitchen, and a cozy dining area, ensuring comfort for residents. The two generously sized bedrooms provide ample space, while the full bathroom caters to all needs. Additionally, each unit comes with its own small patio and side yard, perfect for enjoying the outdoors or hosting gatherings. The property also includes four off-street parking spaces for convenience. This is a fantastic chance to acquire a property with income-generating potential. Whether you're an investor in search of a dependable rental or a homeowner wanting to supplement your income, this duplex offers both privacy and comfort. Don't let this opportunity pass you by—reach out to us via call or text for more information about this charming duplex today! Do not disturb the tenants. Please be mindful of others. Thanks
Last Buyer's Agent
Shannen Gillick
Leal Real Estate Group, Inc License #02130956
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,536
Year Built
- Built in 1958
Lot Details
- Partially Fenced Property
Home Design
- Composition Roof
- Stucco Exterior
Interior Spaces
- 1-Story Property
- Attic Fan
Listing and Financial Details
- Tenant pays for cable TV, electricity
- Assessor Parcel Number 480-591-11-00
Community Details
Overview
- 2 Units
- Lemon Grove Park Community
Building Details
- Net Operating Income $2,400
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/18/2024 12/18/24 | Sold | $850,000 | +0.1% | $472 / Sq Ft |
| 11/12/2024 11/12/24 | Pending | -- | -- | -- |
| 10/15/2024 10/15/24 | Price Changed | $849,000 | -4.1% | $472 / Sq Ft |
| 10/02/2024 10/02/24 | Price Changed | $884,999 | -0.6% | $492 / Sq Ft |
| 08/28/2024 08/28/24 | For Sale | $890,000 | 0.0% | $494 / Sq Ft |
| 07/15/2024 07/15/24 | Rented | $2,900 | -10.8% | -- |
| 07/02/2024 07/02/24 | For Rent | $3,250 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $10,536 | $765,000 | $500,000 | $265,000 |
| 2023 | $4,141 | $233,531 | $74,521 | $159,010 |
| 2022 | $4,125 | $228,953 | $73,060 | $155,893 |
| 2021 | $4,083 | $224,465 | $71,628 | $152,837 |
| 2020 | $4,021 | $222,164 | $70,894 | $151,270 |
| 2019 | $3,948 | $217,808 | $69,504 | $148,304 |
| 2018 | $3,856 | $213,539 | $68,142 | $145,397 |
| 2017 | $3,789 | $209,353 | $66,806 | $142,547 |
| 2016 | $3,641 | $205,249 | $65,497 | $139,752 |
| 2015 | $3,624 | $202,167 | $64,514 | $137,653 |
| 2014 | $3,502 | $198,208 | $63,251 | $134,957 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $775,250 | VA | |
| Closed | $775,250 | VA | |
| Previous Owner | $781,447 | VA | |
| Previous Owner | $109,500 | Unknown | |
| Previous Owner | $96,000 | Unknown |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $850,000 | Ticor Title | |
| Grant Deed | $850,000 | Ticor Title | |
| Grant Deed | $765,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Deed | $80,000 | -- |
Source: Public Records
Similar Homes in the area
Source: San Diego MLS
MLS Number: 240020417
APN: 480-591-11
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