Lemon Grove, CA 91945,2306-2318 Washington Street
Lemon Grove, CA 91945,2306-2318 Washington Street
Lemon Grove, CA 91945,2306-2318 Washington Street
12
$1,300,000
$1,400,000
7.1%
Est.Price: ?

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8 BD
4 BA
0.49 Acres Lot

2306-2318 Washington Street Lemon Grove, CA 91945

Est. payment /mo
SOLD DATE : 08/30/2024

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Key Details

Sold Price $1,300,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Subdivision Lemon Grove

MLS Listing ID 240014559

Sold Date 08/30/24

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 1972

Lot Size 0.485 Acres

Property Description

DO NOT WALK ON THE PROPERTY OR DISTURB TENANTS PROPERTY OVERVIEW: Prime Investment Opportunity This presents a significant opportunity for value enhancement through strategic renovations and increasing rents to market rates. With a strong demand for quality rental housing in the area, there is substantial upside potential for maximizing rental income and overall property value. Moreover, the property's layout and zoning regulations open up the potential possibility of adding an Accessory Dwelling Unit (ADU). This presents an attractive opportunity to further capitalize on the property's potential by increasing rental inventory and generating additional rental income.

Location

State CA

County San Diego

Community Lemon Grove

Area Lemon Grove (91945)

Building/Complex Name No

Interior

Cooling Wall/Window

Exterior

Exterior Feature Wood

Garage Unit1:Attached Unit2:Attached Unit3:Attached Unit4:Attached

Fence Partial

Roof Type Composition

Building

Story 1

Lot Size Range .25 to .5 AC

Level or Stories 1 Story

Others

Acceptable Financing Cash, Conventional

Space Rent $1,549

Listing Terms Cash, Conventional

Financing Conventional

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San Diego Regional MLS (SDMLS)
Listed by Vincent Provenzano • Pacific Coast Commercial
Bought with Vincent Provenzano • Pacific Coast Commercial

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Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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