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Jerrod Waller

jwaller@sdrealtyco.com +1(858) 822-8634

$1,100,000

Est. payment - /mo

5 Beds

4 Baths

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Lemon Grove

MLS Listing ID 260021117

Bedrooms 5

Full Baths 4

Year Built 1948

Property Sub-Type Res Income 2-4 Units

Property Description

Investment Opportunity in the Heart of Lemon Grove! Rare opportunity to own a versatile, income-producing property offering four separate living units and approximately $8,400 per month in rental income (over $100,000 annually). The property features a spacious 3-bedroom, 1-bath main residence, along with three additional ADUs, including: • Attached 2-bedroom, 1-bath J-ADU • Attached studio J-ADU with private bath • Detached studio ADU Whether you're an investor seeking immediate cash flow, completing a 1031 Exchange, or an owner-occupant looking to offset your mortgage with rental income, this property offers exceptional flexibility and earning potential. Situated on a generously sized lot in the desirable community of Lemon Grove, the property provides convenient access to Highways 94, 125, Interstate 8, and Interstate 805, making commuting throughout San Diego County simple. Downtown San Diego, Naval Base San Diego, SDSU, shopping centers, restaurants, parks, and public transportation are all just minutes away.

Location

State CA

County San Diego

Area East County

Interior

Cooling Central Forced Air, Wall/Window

Fireplace No

Exterior

Fence Gate

View Y/N No

Roof Type Composition

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 480-202-04-00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/snd/260021117

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Listed by Modesta A Gilpin, DRE#01394822 HomeSmart Realty West

NEARBY SCHOOL & BUSINESS

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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3253 Acacia St Lemon Grove, CA 91945