1908 Washington St Active Save Request In-Person Tour Request Virtual Tour
Lemon Grove,CA 91945
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 1,527 sqft
Price per Sqft $982
Subdivision Lemon Grove
MLS Listing ID 240023611
Bedrooms 7
Full Baths 5
Half Baths 1
Year Built 1966
Lot Size 0.314 Acres
Property Description
OHs this Sat 11/23 from 12p - 3p & Sun 11/24 from 10:30a - 1:30p!!! Amazing Triplex with Expansion Potential in Lemon Grove! (INVESTORS!!! - This is a 6.84% Cap Rate!!!) This beautifully renovated triplex is a rare find, offering both immediate rental income and future development possibilities. Each of the three fully self-contained units is turnkey and ready for occupancy, making this property perfect for investors or multi-generational living. Unit 1 is a spacious 1,527 sq. ft. home featuring 4 bedrooms, 2.5 bathrooms, a cozy fireplace, and a laundry room. Unit 2 is an 845 sq. ft. unit with 2 bedrooms, 2 bathrooms, a fireplace, laundry, and brand-new kitchen appliances. Unit 3 is a 331 sq. ft. studio with a gas range, refrigerator, and microwave, perfect for rental or guest use. One of the key highlights of this property is its pre-plumbed, pre-wired, and sewered additional RV spaces?offering a unique opportunity to expand or add value. With the infrastructure already in place, you can easily enhance the property?s income potential. Enjoy a fenced-in inground pool for privacy and relaxation, with a convenient pool bath included. Located on a hill with great views, this property is a prime investment. Whether you're looking for a rental income machine or a flexible living arrangement, this triplex has it all! Variance granted 2-4 Units.
Please also note the following items: 1) All offers must be submitted by the buyer's agent via PropOffers (Contact Listing Agent for instructions/questions) 2) The buyer's agent will be responsible for a $150 fee at the time of closing, for the use of PropOffers. 3) Buyer to do their own due diligence. All recent work was permitted.
Location
State CA
County San Diego
Community Lemon Grove
Area Lemon Grove (91945)
Building/Complex Name Lemon Grove
Interior
Cooling Central Forced Air
Fireplaces Number 2
Exterior
Exterior Feature Stucco
Fence Gate,Partial
Pool Below Ground
View Mountains/Hills
Roof Type Composition
Building
Story 2
Sewer Sewer Connected
Water Meter on Property
Others
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA
Pets Description Yes