1908 Washington St, Lemon Grove, CA 91945 – 240023365SD

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$1,399,900

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7 BD

7 BA

2,703 SqFt

Price Dropped by $100K

1908 Washington St Lemon Grove, CA 91945

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Norma Mardelli

norma@mardellirealestate.com +1(818) 400-3794

UPDATED:

12/20/2024 08:31 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,703 sqft

Price per Sqft $517

Subdivision Lemon Grove

MLS Listing ID 240023365SD

Bedrooms 7

Full Baths 5

Half Baths 2

HOA Y/N No

Year Built 1966

Lot Size 0.314 Acres

Property Description

OHs Sat (12/21) from 12p - 3p & Sun (12/22) 10:30a - 1p!! Amazing Triplex with Expansion Potential in Lemon Grove! (INVESTORS!!! - This is a 6.84% Cap Rate!!!) This beautifully renovated triplex is a rare find, offering both immediate rental income and future development possibilities. Each of the three fully self-contained units is turnkey and ready for occupancy, making this property perfect for investors or multi-generational living. Unit 1 is a spacious 1,527 sq. ft. home featuring 4 bedrooms, 2.5 bathrooms, a cozy fireplace, and a laundry room. Unit 2 is an 845 sq. ft. unit with 2 bedrooms, 2 bathrooms, a fireplace, laundry, and brand-new kitchen appliances. Unit 3 is a 331 sq. ft. studio with a gas range, refrigerator, and microwave, perfect for rental or guest use. One of the key highlights of this property is its pre-plumbed, pre-wired, and sewered additional RV spaces—offering a unique opportunity to expand or add value. With the infrastructure already in place, you can easily enhance the property's income potential. Enjoy a fenced-in inground pool for privacy and relaxation, with a convenient pool bath included. Located on a hill with great views, this property is a prime investment. Whether you're looking for a rental income machine or a flexible living arrangement, this triplex has it all! Please also note the following items: 1) All offers must be submitted by the buyer's agent via PropOffers (Contact Listing Agent for instructions/questions) 2) The buyer's agent will be responsible for a $150 fee at the time of closing, for the use of PropOffers. 3) Buyer to do their own due diligence. All recent work was permitted.

Location

State CA

County San Diego

Area 91945 - Lemon Grove

Rooms

Other Rooms Guest House Attached

Interior

Interior Features See Remarks, Bedroom on Main Level, Galley Kitchen, Main Level Primary, Utility Room

Heating Electric, Forced Air

Cooling Central Air

Fireplaces Type Living Room

Fireplace Yes

Appliance Built-In Range, Built-In, Dishwasher, Electric Range, Disposal, Gas Range, Microwave, Refrigerator, Range Hood

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room

Exterior

Parking Features Driveway, Other

Fence Wood

Pool Fenced, In Ground, Pool Cover, Private

View Y/N Yes

View Mountain(s)

Roof Type Composition,Shingle

Porch Concrete, Open, Patio

Total Parking Spaces 13

Private Pool Yes

Building

Story 2

Entry Level Two

Water Public

Architectural Style Traditional

Level or Stories Two

Additional Building Guest House Attached

New Construction No

Others

Senior Community No

Tax ID 5771412700

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Listed by Scott Norberg • Vylla Home, Inc.