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8075 Palm St

Lemon Grove, CA 91945
  • $884,999
  • STATUS: ACTIVE
  • ON SITE: 44 Days
  • ID#: 240020417
Price Reduced
UPDATED: 36 min ago
$884,999
  • 4
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,800
    SQFT
  • $492
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Description

Discover an exceptional investment opportunity in Lemon Grove, listed at $884,999. This delightful duplex consists of two separate units, each featuring two bedrooms and one bathroom, making it ideal for both investors and homeowners looking for supplementary income. Each unit boasts a spacious living room, a distinct kitchen, and a cozy dining area, ensuring comfort for residents. The two generously sized bedrooms provide ample space, while the full bathroom caters to all needs. Additionally, each unit comes with its own small patio and side yard, perfect for enjoying the outdoors or hosting gatherings. The property also includes four off-street parking spaces for convenience. This is a fantastic chance to acquire a property with income-generating potential. Whether you're an investor in search of a dependable rental or a homeowner wanting to supplement your income, this duplex offers both privacy and comfort. Don't let this opportunity pass you by—reach out to us via call or text for more information about this charming duplex today! Do not disturb the tenants. Please be mindful of others. Thanks

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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.gellens.com/homes/154279099
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8075 Palm St Lemon Grove, CA 91945

  • Price: $884,999
  • Status: ACTIVE
  • On Site: 44 Days
  • Updated: 36 min ago
  • ID#: 240020417
4
Beds
2
Baths
0
½ Baths
N/A
Acres
1,800
SQFT
$492
$/SQFT
1958
Built
Neighborhood:
Lemon Grove
County:
San Diego
Area:
Lemon Grove (91945)
Property Description
Discover an exceptional investment opportunity in Lemon Grove, listed at $884,999. This delightful duplex consists of two separate units, each featuring two bedrooms and one bathroom, making it ideal for both investors and homeowners looking for supplementary income. Each unit boasts a spacious living room, a distinct kitchen, and a cozy dining area, ensuring comfort for residents. The two generously sized bedrooms provide ample space, while the full bathroom caters to all needs. Additionally, each unit comes with its own small patio and side yard, perfect for enjoying the outdoors or hosting gatherings. The property also includes four off-street parking spaces for convenience. This is a fantastic chance to acquire a property with income-generating potential. Whether you're an investor in search of a dependable rental or a homeowner wanting to supplement your income, this duplex offers both privacy and comfort. Don't let this opportunity pass you by—reach out to us via call or text for more information about this charming duplex today! Do not disturb the tenants. Please be mindful of others. Thanks
Exterior Features

Exterior Stucco Fencing Partial Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 2

Interior Features

Cooling Attic Fan 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 8.3 Age Restrictions N/K Annual Expense Actual 1000 Association ID San Diego Association of REALTORS (SDAR) Buildings 1 Cfd Mello Roos Fee 0.0 Community LEMON GROVE Complex Park Lemon grove park Cross Streets Myra St Gross Rent Multiplier Actual 12.0 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 Cable TVElectricity Terms AssumableCal VetCashConventionalExchangeFHAVA Unit Number For Unit1 8073 Unit Number For Unit2 8075 Unit1 Deposit 2200 Unit1 Occupied Tenant Unit1 Projected Rent 3300.0 Unit1 Rent Actual 3200.0 Unit2 Deposit 2900 Unit2 Occupied Tenant Unit2 Projected Rent 3300.0 Unit2 Rent Actual 2900.0

San Diego MLS logo Listing provided courtesy of Maximo Perez of Anchor Funding, Inc.: 760-521-1724. 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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