Welcome to this exceptional multi-unit property in Lemon Grove, boasting a total of 3,109 sq. ft. across three distinct units. Each unit features a completely private entrance and outdoor living area, fully enclosed by 6-foot vinyl fencing. The property offers six off-street parking spots, with two dedicated spaces per unit. The sale includes a fully permitted, brand-new ADU built in 2024, offering 1,109 sq. ft. with three bedrooms and two bathrooms. Additionally, the JADU, constructed in 2018, provides 540 sq. ft. with two bedrooms and one bathroom. The main house, originally built in 1947, has undergone multiple expansions, resulting in a total of 1,460 sq. ft. with all but about 800 sq. ft. being new construction. This unit includes four bedrooms and three bathrooms, a side yard with turf, and a gated front yard with turf. Each unit is equipped with HVAC or mini-split systems, natural gas tankless water heaters, natural gas dryer and washer hookups, and natural gas ranges. Two units also feature dishwashers. The roofing for all units was updated in either 2018 or 2024. Upgrades throughout the property include vinyl plank flooring, custom cabinetry, quartz countertops, custom tile in all bathrooms, ceiling fans in all rooms, and electronic door locks. The main house boasts a custom shower with a whirlpool tub, custom closets in all bedrooms, EV readiness, pull-down attic stairs, an attic fan, surround sound, and smart home features. All units have durable Hardy board exteriors. More in supplement section... The ADU and JADU are completely independent, accessed via a city-owned alley, while the main house shares one common wall with the JADU. The rear unit includes an RV sewer dump. Additional amenities include an RV sewer dump line, pull-down attic stairs for extra storage in the main house, two outdoor patio pergolas, and three storage sheds. The property also features separate electric meters for each unit, with shared water and natural gas, and exterior security cameras for added safety. Turf covers the front and side yards. A significant financial benefit is the assumable FHA loan on the first mortgage, allowing about $527,000 at a 3.188% interest rate, with the loan ending in January 2050. All building plans and permits are available, ensuring compliance and transparency. Located within the Helix High School catchment area, no lottery is required for enrollment. Currently, two units are occupied by family members, and one unit is leased to a tenant on a month-to-month basis.
Welcome to this exceptional multi-unit property in Lemon Grove, boasting a total of 3,109 sq. ft. across three distinct units. Each unit features a completely private entrance and outdoor living area, fully enclosed by 6-foot vinyl fencing. The property offers six off-street parking spots, with two dedicated spaces per unit. The sale includes a fully permitted, brand-new ADU built in 2024, offering 1,109 sq. ft. with three bedrooms and two bathrooms. Additionally, the JADU, constructed in 2018, provides 540 sq. ft. with two bedrooms and one bathroom. The main house, originally built in 1947, has undergone multiple expansions, resulting in a total of 1,460 sq. ft. with all but about 800 sq. ft. being new construction. This unit includes four bedrooms and three bathrooms, a side yard with turf, and a gated front yard with turf. Each unit is equipped with HVAC or mini-split systems, natural gas tankless water heaters, natural gas dryer and washer hookups, and natural gas ranges. Two units also feature dishwashers. The roofing for all units was updated in either 2018 or 2024. Upgrades throughout the property include vinyl plank flooring, custom cabinetry, quartz countertops, custom tile in all bathrooms, ceiling fans in all rooms, and electronic door locks. The main house boasts a custom shower with a whirlpool tub, custom closets in all bedrooms, EV readiness, pull-down attic stairs, an attic fan, surround sound, and smart home features. All units have durable Hardy board exteriors. More in supplement section...
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.
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.
Fully renovated duplex in Lemon Grove! Each unit features 3 bedrooms and 2 bathrooms, along with private front and backyards. The units generate a total monthly gross income of $6,850. Conveniently located near schools and within walking distance to Montgomery Heights Park, this property offers both comfort and income potential in a desirable neighborhood.
Fully renovated duplex in Lemon Grove! Each unit features 3 bedrooms and 2 bathrooms, along with private front and backyards. The units generate a total monthly gross income of $6,850. Conveniently located near schools and within walking distance to Montgomery Heights Park, this property offers both comfort and income potential in a desirable neighborhood.
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.
Donât 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 investorâs portfolio. Listing agent has ownership in property.
GREAT INVESTMENT! This is ONE of 3 properties being sold together. Please see MLS # PTP2402596, PTP2402602, PTP2402603. Each has their own parcel number and are listed separately. The 3 properties total 6 units that have rent potential of $15k+ per month. The 3 parcels are on their own private street, very well maintained by a trust. Each unit is a 2bd/1bath with 1 car garage, carport, in unit laundry and backyard. Truly great units that rent very easily.
GREAT INVESTMENT! This is One of 3 properties being sold together. Please see MLS # PTP2402596, PTP2402602, PTP2402603 Each has their own parcel number and are listed separately. The 3 properties total 6 units that have rent potential of $15k+ per month. The 3 parcels are on their own private street, very well maintained by a trust. Each unit is a 2bd/1bath with 1 car garage, carport, in unit laundry and backyard. Truly great units that rent very easily.
GREAT INVESTMENT! This is ONE of 3 properties being sold together. Please see MLS # PTP2402596, PTP2402602, PTP2402603. Each has their own parcel number and are listed separately. The 3 properties total 6 units that have rent potential of $15k+ per month. The 3 parcels are on their own private street, very well maintained by a trust. Each unit is a 2bd/1bath with 1 car garage, carport, in unit laundry and backyard. Truly great units that rent very easily.
Gorgeously refreshed with tile flooring, newer white cabinets with designer counters, dual pane windows, tiled shower, vanity bathroom sink, overhead lighting throughout and more! Look no further for the perfect home than Balkis Lane. Centrally located to 125 and 94 freeways, close to military bases, eateries, shopping, SDSU and downtown. Enjoy privacy, space, and a central location close to freeways and eateries. These homes have large bedrooms, plenty of indoor storage with an open layout.
Gorgeously refreshed with tile flooring, newer white cabinets with designer counters, dual pane windows, tiled shower, vanity bathroom sink, overhead lighting throughout and more! Look no further for the perfect home than Balkis Lane. Centrally located to 125 and 94 freeways, close to military bases, eateries, shopping, SDSU and downtown. Enjoy privacy, space, and a central location close to freeways and eateries. These homes have large bedrooms, plenty of indoor storage with an open layout.
DUPLEX on a private road in Lemon Grove. This solid, well-maintained duplex has TWO 1-bedroom, 1-bathroom units that have been recently renovated and are rent ready! Great opportunity for the investor or a homeowner seeking extra income. Each unit features a large living room with a separate kitchen and small dining area, one large bedroom, 1 full bathroom, and its own yard. Separate gas and electric. Plenty of parking on the side and rear of building.
DUPLEX on a private road in Lemon Grove. This solid, well-maintained duplex has TWO 1-bedroom, 1-bathroom units that have been recently renovated and are rent ready! New flooring, new paint inside and out. Great opportunity for an investor or a homeowner seeking extra income. Each unit features a large living room with a separate kitchen and small dining area, one large bedroom, 1 full bathroom, and its own yard. Separate gas and electric. Plenty of parking on the side and rear of building.
"Welcome to this charming duplex, featuring two bedrooms and one bath on each side, with the exciting opportunity to potentially convert the first house into a three-bedroom! Imagine the financial advantages of owning a duplex – live in one side while renting out the other for additional income, or accommodate multi-generational living arrangements while maintaining privacy and independence. With separate entrances and living spaces, Don't miss out on the chance to invest in your future with this versatile property!"
Lemon Grove is located in California. Lemon Grove, California has a population of 26,645. Lemon Grove is less family-centric than the surrounding county with 32.88% of the households containing married families with children. The county average for households married with children is 34.63%.
The median household income in Lemon Grove, California is $60,309. The median household income for the surrounding county is $70,588 compared to the national median of $57,652. The median age of people living in Lemon Grove is 35.6 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 46.5 degrees. The average rainfall is approximately 11.7 inches per year, with 0 inches of snow per year.