Lemon Grove, CA 91945,2306 2318 Washington Street
Lemon Grove, CA 91945,2306 2318 Washington Street
Lemon Grove, CA 91945,2306 2318 Washington Street
12
$1,300,000
$1,400,000
7.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

0.49 Acres Lot

2306 2318 Washington Street Lemon Grove, CA 91945

Est. payment /mo
SOLD DATE : 08/30/2024

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $1,300,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Lemon Grove

MLS Listing ID 240014559SD

Year Built 1972

Lot Size 0.485 Acres

Property Description

DO NOT WALK ON THE PROPERTY OR DISTURB TENANTS PROPERTY OVERVIEW: Prime Investment Opportunity This presents a significant opportunity for value enhancement through strategic renovations and increasing rents to market rates. With a strong demand for quality rental housing in the area, there is substantial upside potential for maximizing rental income and overall property value. Moreover, the property's layout and zoning regulations open up the potential possibility of adding an Accessory Dwelling Unit (ADU). This presents an attractive opportunity to further capitalize on the property's potential by increasing rental inventory and generating additional rental income.

Location

State CA

County San Diego

Area 91945 - Lemon Grove

Building/Complex Name No

Interior

Heating None

Cooling Wall/Window Unit(s)

Exterior

Fence Partial

View Y/N No

Roof Type Composition

Building

Story 1

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Read Less


California Regional MLS (CRMLS)
Listed by Vincent Provenzano • Pacific Coast Commercial
Bought with Vincent Provenzano • Pacific Coast Commercial

GET MORE INFORMATION

Norma Mardelli

Agent | License ID: 01477249

+1(818) 400-3794

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.