1908 Washington St
Lemon Grove, CA 91945
$75,100.00 (-4.77%)
Active for $1,499,900
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 13,696 sqft
| MLS | 240023611SD |
| Year Built | 1966 |
| Property Type | |
| County | San Diego |
| Status | Active |
| Active | $1,499,900 |
| Structure Size | N/A sqft |
| Lot Size | 13,696 sqft |
| Beds | N/A |
| Baths |
Description
OHs this Sat 11/23 from 12p - 3p & Sun 11/24 from 10:30a - 1:30p!!! 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! Variance granted 2-4 Units. 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.
Listing information courtesy of: Scott Norberg, Vylla Home, Inc. 858-699-1984. *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Deep Singh
REALTOR®
Direct: 661.592.0555
Email: Email Me
DRE: 02122709
DRE #01873088
.png){kind=small}