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Lemon Grove,CA 91945
Key Details
Property Type Townhouse
Sub Type Townhome
Listing Status Active
Purchase Type For Sale
Square Footage 1,716 sqft
Price per Sqft $480
MLS Listing ID NDP2500089
Style Townhome
Bedrooms 3
Full Baths 2
Year Built 1946
Lot Size 9,195 Sqft
Property Description
Income-producing duplex in the heart of Lemon Grove, offering an excellent investment opportunity. The main house features 2 bedrooms and 1 bathroom, while the second unit is a 1-bedroom, 1-bathroom property currently tenant-occupied. Lease agreement details will be provided with an accepted offer. The City of Lemon Grove's planning department confirms the potential to add at least one ADU per duplex under California's new density bonus law, further enhancing this property's value. Both units include washer/dryer hookups and benefit from modern updates, such as new windows, solar (leased), stucco siding, and crawl space encapsulation. Plumbing was also replaced, and two new water heaters were installed in 2020. Set back from the street in a quiet neighborhood, the property boasts a fire pit, a charming picture window, and is situated on a large lot with no HOA. Conveniently located near schools and major freeways, this is a rare opportunity to own a versatile, income-generating property in Lemon Grove.
Income-producing duplex in the heart of Lemon Grove, offering an excellent investment opportunity. The main house features 2 bedrooms and 1 bathroom, while the second unit is a 1-bedroom, 1-bathroom property currently tenant-occupied. Lease agreement details will be provided with an accepted offer. The City of Lemon Grove's planning department confirms the potential to add at least one ADU per duplex under California's new density bonus law, further enhancing this property's value. Both units include washer/dryer hookups and benefit from modern updates, such as new windows, solar (leased), stucco siding, and crawl space encapsulation. Plumbing was also replaced, and two new water heaters were installed in 2020. Set back from the street in a quiet neighborhood, the property boasts a fire pit, a charming picture window, and is situated on a large lot with no HOA. Conveniently located near schools and major freeways, this is a rare opportunity to own a versatile, income-generating property in Lemon Grove.
Location
State CA
County San Diego
Area Lemon Grove (91945)
Zoning R-2:MINOR
Interior
Cooling Wall/Window
Fireplaces Type FP in Living Room
Equipment Disposal,Gas Cooking
Laundry Kitchen
Building
Lot Description Sidewalks
Story 1
Schools
Elementary Schools Lemon Grove School Distict
Middle Schools Lemon Grove School Distict
Others
Monthly Total Fees $113
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA
Special Listing Condition Standard