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7001-03 Mt. Vernon Street

Lemon Grove, CA 91945
  • $950,000
  • STATUS: ACTIVE
  • ON SITE: 30 Days
  • ID#: 240008213
UPDATED: 152 min ago
$950,000
  • 5
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,750
    SQFT
  • $543
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Description

Don’t miss the opportunity to own this renovated duplex in Lemon Grove. 7001 is a 2 bed 1 bathroom unit and 7003 is a 3 bed 1 bathroom unit. This 1,525 sq ft duplex has been fully renovated with nothing left to spare. All new electrical throughout both units. Brand new flooring, fresh paint, and new stainless steel appliances. Both bathrooms have new tile, shower doors and fixtures. Each unit has new tankless water heaters and brand new plumbing for kitchens and bathrooms. Washer/dryer in each unit. A/C for those hot days! Sits on a large 10,115 sq ft lot with plenty of parking and the potential to build an ADU. This property will be an outstanding addition to an investor’s portfolio. Listing agent has ownership in property

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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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/149698447
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7001-03 Mt. Vernon Street Lemon Grove, CA 91945

  • Price: $950,000
  • Status: ACTIVE
  • On Site: 30 Days
  • Updated: 152 min ago
  • ID#: 240008213
5
Beds
2
Baths
0
½ Baths
N/A
Acres
1,750
SQFT
$543
$/SQFT
1960
Built
Neighborhood:
Broadway Heights
County:
San Diego
Area:
Lemon Grove (91945)
Property Description
Don’t miss the opportunity to own this renovated duplex in Lemon Grove. 7001 is a 2 bed 1 bathroom unit and 7003 is a 3 bed 1 bathroom unit. This 1,525 sq ft duplex has been fully renovated with nothing left to spare. All new electrical throughout both units. Brand new flooring, fresh paint, and new stainless steel appliances. Both bathrooms have new tile, shower doors and fixtures. Each unit has new tankless water heaters and brand new plumbing for kitchens and bathrooms. Washer/dryer in each unit. A/C for those hot days! Sits on a large 10,115 sq ft lot with plenty of parking and the potential to build an ADU. This property will be an outstanding addition to an investor’s portfolio. Listing agent has ownership in property
Exterior Features

Exterior Stucco Fencing N/K Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 0

Interior Features

Cooling Wall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 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 2 Units With Dryers 2 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 2

Property Features

Actual Cap Rate 5.81 Age Restrictions N/K Annual Expense Actual 18000 Association ID San Diego Association of REALTORS (SDAR) Buildings 1 Cfd Mello Roos Fee 0.0 Community LEMON GROVE Complex Park Broadway Heights Cross Streets Peppermint Lane Gross Rent Multiplier Actual 12.98 Gross Scheduled Income Actual 73200 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 Short Sale No Tenant Pays N/K Terms CashConventionalExchangeVA Unit1 Deposit 4000 Unit1 Occupied Tenant Unit1 Projected Rent 2950.0 Unit1 Rent Actual 2900.0 Unit2 Deposit 3200 Unit2 Occupied Tenant Unit2 Projected Rent 3250.0 Unit2 Rent Actual 3200.0

San Diego MLS logo Listing provided courtesy of Anthony Burman of PROPR Real Estate Inc.: 619-955-0513. Listing information © 2024 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 © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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San Diego CA, 92101