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PendingLuxury

$1,750,000

19,981 sqft$88/sqft53 days on market

7163 69 Central Avenue

Lemon Grove, CA 91945

· 8% down, 7% APR, 30yr fixed

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Beds

—

Baths

19,981

Square feet

1988

Built

Listing narrative

Description

Well-maintained 7-unit apartment property in Lemon Grove offered at $1,750,000. Built in approximately 1988 on a large 19,979 SF lot, the property features one 3-bedroom, 2.5-bath front house and six 2-bedroom units, including two townhomes. Two 2-bedroom units offer direct access to garages with washer/dryer hookups. The property includes 14 parking spaces, select private yards and balconies, separate SDG&E meters, and more than $90,000 in completed capital improvements, including plumbing, roofing, decking, stairways, and HVAC work. Current scheduled income is approximately $146,064, with estimated market income of approximately $199,200 and approximately $53,136 in potential annual gross-income upside. Conveniently located near State Routes 94 and 125, shopping, restaurants, La Mesa, Spring Valley, and Downtown San Diego. Buyer to verify all information and independently confirm income, expenses, rents, square footage, parking, and property characteristics. Please do not enter or walk the property, or contact any tenants or property management, without the prior approval of the Listing Agent.

Listing agent (MLS): Eric von Bluecher · Listing brokerage (MLS): Lee & Associates

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,750,000

Beds

Beds n/a

Type

House

Home Size

19,981 sqft

Baths

Baths n/a

Lot Size

0.46 acres

Year

1988

Status

Pending

Days on Market

53

$ / Sqft

$88

· 8% down, 7% APR, 30yr fixed
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Courtesy of Lee & Associates