7163 69 Central AVE, Lemon Grove, CA 91945
7163 69 Central AVE, Lemon Grove, CA 91945
7163 69 Central AVE, Lemon Grove, CA 91945
7163 69 Central AVE, Lemon Grove, CA 91945
7163 69 Central AVE, Lemon Grove, CA 91945
7163 69 Central AVE, Lemon Grove, CA 91945
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$ 1,750,000
Est. payment | /mo

0.46 Acres Lot


$ 1,750,000
Est. payment | /mo

0.46 Acres Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID NDP2608624

HOA Y/N No

Year Built 1988

Lot Size 0.459 Acres

Property Description

Well-maintained 7-unit apartment property in Lemon Grove offered at $1,750,000. Built in approximately 1988 on a large 19,979 SF lot, the property features one 3-bedroom, 2.5-bath front house and six 2-bedroom units, including two townhomes. Two 2-bedroom units offer direct access to garages with washer/dryer hookups. The property includes 14 parking spaces, select private yards and balconies, separate SDG&E meters, and more than $90,000 in completed capital improvements, including plumbing, roofing, decking, stairways, and HVAC work. Current scheduled income is approximately $146,064, with estimated market income of approximately $199,200 and approximately $53,136 in potential annual gross-income upside. Conveniently located near State Routes 94 and 125, shopping, restaurants, La Mesa, Spring Valley, and Downtown San Diego. Buyer to verify all information and independently confirm income, expenses, rents, square footage, parking, and property characteristics. Please do not enter or walk the property, or contact any tenants or property management, without the prior approval of the Listing Agent.

Location

State CA

County San Diego

Area 91945 - Lemon Grove

Zoning R-2

Interior

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup, In Garage

Exterior

Garage Spaces 2.0

Carport Spaces 12

Garage Description 2.0

Pool None

Community Features Curbs, Gutter(s), Storm Drain(s), Sidewalks

View Y/N No

Total Parking Spaces 14

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Others

Senior Community No

Tax ID 4792103300

Acceptable Financing Cash, 1031 Exchange, Submit

Listing Terms Cash, 1031 Exchange, Submit

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2608624

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Eric von Bluecher Lee & Associates 760-929-7846, DRE #01926201

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7163 69 Central AVE