$1,750,000
7163 69 Central Avenue
Lemon Grove, CA 91945
—
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.
Property Details
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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
Courtesy of Lee & Associates






