Lemon Grove, CA 91945,1908 Washington St
Lemon Grove, CA 91945,1908 Washington St
Lemon Grove, CA 91945,1908 Washington St
$1,255,000
Est. payment /mo
$1,299,900
3.5%
Est.Price: ?

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7 Beds
5.5 Baths
SOLD DATE : 03/17/2025

Key Details

Sold Price $1,255,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Subdivision Lemon Grove

MLS Listing ID 240023611

Sold Date 03/17/25

Bedrooms 7

Full Baths 5

Half Baths 1

Year Built 1966

Property Sub-Type Res Income 2-4 Units

Property Description

Amazing Triplex with Expansion Potential in Lemon Grove! (INVESTORS!!! - This is a 6% 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.

Location

State CA

County San Diego

Area East County

Direction Use GPS

Interior

Cooling Central Forced Air

Fireplace No

Exterior

Fence Gate, Partial

Pool Below Ground

Utilities Available Sewer Connected

View Y/N Yes

Water Access Desc Meter on Property

View Mountains/Hills

Roof Type Composition

Building

Story 2

Water Meter on Property

Level or Stories 2

Others

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

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MLS Router / San Diego MLS
Listed by Scott Norberg Vylla Home, Inc.
Bought with Laura Gonzalez Real Broker
Kobe Zimmerman

+1(858) 753-3353

kobezimmerman@bhhscal.com

Serving San Diego County, United States

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