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    2365-67 Washington St

    Lemon Grove, CA 91945
    • $570,000
    • STATUS: PENDING
    • ON SITE: 14 days
    • ID#: 200051622
    Pending
    UPDATED: 58 min ago
    $570,000
    • 5
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 2,000
      SQFT
    • $285
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    Lovely 2 units each with amazing tenants. Back unit has converted garage into 3rd bedroom. Permits unknown. Back unit also has built in storage room. Each unit has private yard. Tenants are month to month and have been there for many years which is why rents are low. Listing agent is owner of selling LLC. Do not disturb tenants. Will show units with offer. Buyer to co-operate with seller 1031 exchange at no cost or delay to buyer.

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    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 San Diego MLS. 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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/111875352
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    2365-67 Washington St Lemon Grove, CA 91945

    • Price: $570,000
    • Status: PENDING
    • Updated: 58 min ago
    • ID#: 200051622
    5
    Beds
    2
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,000
    SQFT
    $285
    $/SQFT
    1958
    Built
    Neighborhood:
    Lemon Grove Addition 1
    County:
    San Diego
    Area:
    Lemon Grove (91945)
    Property Description
    Lovely 2 units each with amazing tenants. Back unit has converted garage into 3rd bedroom. Permits unknown. Back unit also has built in storage room. Each unit has private yard. Tenants are month to month and have been there for many years which is why rents are low. Listing agent is owner of selling LLC. Do not disturb tenants. Will show units with offer. Buyer to co-operate with seller 1031 exchange at no cost or delay to buyer.
    Exterior Features

    Exterior Stucco Fencing Full Parking Non Garage Desc Unit1 Assigned Parking Non Garage Desc Unit2 Assigned Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 0

    Interior Features

    Cooling Attic FanWall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Heat Equipment Wall/Gravity Heat Source Natural Gas Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Units With Cooling 2 Units With Dishwashers 0 Units With Dryers 2 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 2 Water Heater Type Gas

    Property Features

    Actual Cap Rate 5.0 Age Restrictions N/K Annual Expense Actual 9200 Annual Expense Projected 9200 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0.0 Community Lemon Grove Complex Park None Cross Streets Mt Vernon Gross Rent Multiplier Actual 13.75 Gross Scheduled Income Actual 36000 Gross Scheduled Income Project 40000 Mandatory Remarks None Known Market Area East County Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Tenant Pays Cable TvElectricityGardenerGas/PropaneHot Water Terms Cal VetCashConventionalExchangeFhaVa Unit Number For Unit1 2365 Unit Number For Unit2 1367 Unit1 Deposit 1250 Unit1 Occupied Tenant Unit1 Projected Rent 1500.0 Unit1 Rent Actual 1350.0 Unit2 Deposit 1900 Unit2 Occupied Tenant Unit2 Projected Rent 1850.0 Unit2 Rent Actual 1650.0 Water Meter On Property

    Listing provided courtesy of Cheryl Horn, Broker. Listing information © 2020 San Diego MLS Inc. Source: SDMLS
    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 San Diego MLS. 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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
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    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101