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2731-35 Lemon Grove Ave

Lemon Grove, CA 91945
  • $1,250,000
  • STATUS: ACTIVE
  • ON SITE: 98 Days
  • ID#: 220027280
UPDATED: 193 min ago
$1,250,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1964
County:

School Ratings & Info

Description

Sale includes vacant lot located behind building that is an additional 6,071 Sq Ft on Citronella (480-401-09). Incredible development opportunity to build residential units on vacant lot. New state laws planned to go into effect 2023 that allows residential in commercial zones without discretionary approval (See Bills AB2011 and SB6). Untapped potential with these 2 commercial units (currently occupied by 1 tenant) and 2 residential units as well as the vacant lot.

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San Diego MLS logo 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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/134479679
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2731-35 Lemon Grove Ave Lemon Grove, CA 91945

  • Price: $1,250,000
  • Status: ACTIVE
  • On Site: 98 Days
  • Updated: 193 min ago
  • ID#: 220027280
0
Beds
0
Baths
0
½ Baths
0.1
Acres
1964
Built
Neighborhood:
Lemon Grove (91945)
County:
San Diego
Area:
Lemon Grove (91945)
Property Description
Sale includes vacant lot located behind building that is an additional 6,071 Sq Ft on Citronella (480-401-09). Incredible development opportunity to build residential units on vacant lot. New state laws planned to go into effect 2023 that allows residential in commercial zones without discretionary approval (See Bills AB2011 and SB6). Untapped potential with these 2 commercial units (currently occupied by 1 tenant) and 2 residential units as well as the vacant lot.
Exterior Features

Parking On SiteOther/RemarksPrivate

Interior Features

Stories 2 Story Unit Size1 616 Unit Size2 628 Unit Size3 1286 Unit Size4 1314

Property Features

Actual Gross Scheduled Income 59100.0 Actual Operating Expense 14709.00 Assumable Finance 0 Building Amenities Contact Listing Agent For More Details Buildings 1 Existing Financing Clear Lease Expires1 Month To Month Lease Expires3 Month To Month Lease Expires4 Month To Month Mandatory Remarks None Known Market Area East County Monthly Rent1 1500 Monthly Rent2 Combined With 2731 Monthly Rent3 1900 Monthly Rent4 1525 Motive Want N/A Occupancy Percent 100 Present Loan None Property Type Mixed UsageOther/Remarks Sales Restrictions N/K Short Sale No Special None Sq Ft Source Tax Record Tenant Pays ElectricGas Terms CashOther/Remarks Unit Number1 2731 Unit Number2 2733 Unit Number3 2735 Unit Number4 2734 Zoning Commercial

San Diego MLS logo Listing provided courtesy of Avenue3 Realty Inc: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo 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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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The Neuman Team Real Estate Inc.
516 5th Avenue
San Diego CA, 92101