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Key Details
Sold Price $1,255,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,703 sqft
Price per Sqft $464
Subdivision Lemon Grove
MLS Listing ID 240023365
Sold Date 03/17/25
Style Traditional
Bedrooms 7
Full Baths 5
Half Baths 2
Year Built 1966
Lot Dimensions 64x210
Property Sub-Type Detached
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!
Location
State CA
County San Diego
Area East County
Direction From State Route 125, head east on Jamacha Rd. Turn left heading north on Sweetwater Rd for 0.7 miles. Turn left onto Blossum Lane. Take Blossum Lane 0.5 miles to Washington St. Turn Right on Washington St heading north for 0.1 miles. 1908 Washington St is on your left.
Interior
Heating Forced Air Unit
Cooling Central Forced Air
Fireplaces Number 2
Fireplaces Type FP in Living Room
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Pool/Spa/Equipment, Range/Oven, Refrigerator, Solar Panels, Built In Range, Gas & Electric Range, Range/Stove Hood, Built-In
Laundry Electric, Washer Hookup, Gas & Electric Dryer HU
Exterior
Parking Features None Known
Fence Wood
Pool Below Ground, Private, Fenced, Pool Cover
View Y/N Yes
Water Access Desc Public
View Mountains/Hills
Roof Type Composition,Shingle
Porch Awning/Porch Covered, Slab, Patio Open
Total Parking Spaces 13
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories 2
Others
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
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Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscal.com +1(858) 753-3353Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Laura Gonzalez Real Broker