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OHs Sat (12/21) from 12p - 3p & Sun (12/22) 10:30a - 1p!! 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!
| Last Updated | 12/20/2024 | Tract | Lemon Grove |
|---|---|---|---|
| Year Built | 1966 | County | San Diego |
Price History
| Prior to Nov 14, '24 | $1,575,000 |
|---|---|
| Nov 14, '24 - Dec 20, '24 | $1,499,900 |
| Dec 20, '24 - Today | $1,399,900 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Electric Range, Microwave, Oven, Range, Refrigerator |
| BASEMENT | Yes |
| CONSTRUCTION | Stucco |
| FIREPLACE | Yes |
| HEAT | Electric, Forced Air |
| LOT | 0.31 acre(s) |
| LOT DESCRIPTION | Sloped |
| LOT DIMENSIONS | 64x210 |
| PARKING | No Garage |
| POOL | Yes |
| POOL DESCRIPTION | In Ground, Private |
| STORIES | 2 |
| STYLE | Traditional |
| SUBDIVISION | Lemon Grove |
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation ©2024 Sandicor®, Inc.
Properties on this website was last updated as recently as 12/21/24 4:59 AM PST.
This IDX solution is (c) Diverse Solutions 2024.
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