NOT LISTED FOR SALE

8075 Palm St Lemon Grove, CA 91945

4 Beds
2 Baths
1,800 Sq Ft
1958 Built

Sale Details

Date Sold: December 18, 2024

Last sale price $850,000 $472 Per Sq Ft

75 Days on Market

Highlights

  • Attic Fan
  • Partially Fenced Property
  • 1-Story Property

About This Home

As of December 2024

Discover 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 Agent to Sell the Property

Maximo Perez

Anchor Funding, Inc. License #02140854 Listed on: 08/28/2024

Last Buyer's Agent

Shannen Gillick

Leal Real Estate Group, Inc License #02130956

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Attic Fan

Lot Details

  • Partially Fenced Property

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Myra St
  • Neighborhood: Lemon grove
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1958
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Cooling: Attic Fan

Condo/Co-op/Association

  • Complex Name: Lemon grove park
  • Community: LEMON GROVE

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 480-591-11-00

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 2400
  • Gross Rent Multiplier Actual: 12.0
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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

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
2025 $10,536 $850,000 $555,556 $294,444
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

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240020417

San Diego MLS
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