NOT LISTED FOR SALE

8271 Golden Ave Unit A Lemon Grove, CA 91945

5 Beds
2 Baths
1,832 Sq Ft
10,019 Sq Ft Lot

Last Sold April 28, 2016

Last sale price $479,000 $261 Per Sq Ft

83 Days on Market

Highlights

  • Laundry Facilities
  • Level Lot
  • 1-Story Property

About This Home

As of April 2016

These units are located on a section of Golden that is close to downtown but away from commercial. Close to freeway access , but no freeway noise. The tenants have been in place for over 5 years. The front tenant is on a lease and the rear tenant is mo. to mo. There are 3 garages. The front unit has one included in their rent. The other two are rented to non-tenants for $65/mo paid yearly. There is lots of additional non garage parking. Both units have their own laundry. Turnover is very low.

Last Agent to Sell the Property

Don Rood

Bonanza Realty License #01044343 Listed on: 01/07/2016

Last Buyer's Agent

Bob Farrior

Great Western Investments/REO License #00920412

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Schools

  • Grossmont Union High School District

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, hot water
  • Assessor Parcel Number 503-121-15-00

Community Details

Overview

  • 2 Units
  • Lemon Grove Park Community

Pet Policy

  • Pets Allowed

Additional Features

  • Laundry Facilities
  • Net Operating Income $31,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: East County
  • Cross Street: Golden View Terrace
  • Neighborhood: Lemon Grove Park
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1977
  • 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
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • 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: Lemon Grove Park
  • Pets Allowed: Yes
  • Community: LEMON GROVE
  • Complex Features: Laundry Facilities

Schools

  • School District URL: http://www.guhsd.net/
  • High School: Grossmont Union High School District

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Public Street
  • Topography: Level
  • Water District: SWEETWATER AUTHORITY
  • Zoning: R-2
  • Assessor Parcel Number: 503-121-15-00
  • Land Use Code: R-2
  • Estimated Lot Sq Ft: 10019
  • Water District URL: http://www.sweetwater.org
  • Estimated Number of Acres: 0.23
  • Map Code Column: H
  • Map Code Page: 1270
  • Map Code Row: 6

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 31800
  • Annual Expense Actual: 2400
  • Gross Rent Multiplier Actual: 14.0
  • Gross Sched Income Actual: 34200
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Range Oven: 2

Range of Values:

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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
04/28/2016 04/28/16 Sold $479,000 0.0% $261 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $479,000 -- $261 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 160001111

San Diego MLS

APN: 503-121-15-00