1908 Washington St, Lemon Grove, CA 91945

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Property Description

Stunning Multi-Unit Property with Rental Income Potential in Lemon Grove! Welcome to this incredible investment opportunity or perfect generational home, nestled on a hill in beautiful Lemon Grove with breathtaking views! This turnkey, fully renovated property boasts three distinct units, offering endless possibilities for income or multi-family living, boasting a total square footage of 2,703 sq. ft. Unit 1: A 4-bedroom, 2.5-bathroom home spanning 1,527 sq. ft. Features include a cozy fireplace, dedicated laundry room, and stylish modern finishes throughout. Unit 2: A 2-bedroom, 2-bathroom unit with 845 sq. ft. This charming space comes equipped with a brand-new refrigerator, stove, microwave, dishwasher, fireplace, and its own laundry facilities. Unit 3: A 331 sq. ft. studio with a gas range, small refrigerator, and microwave, ideal for a tenant or guest suite. The property also features two RV spaces at the rear, each with sewer, water, and electric hookups, making them prime rental spaces at $1,500 per month each. Parking will never be an issue with ample parking for tenants or guests. The backyard offers a serene escape with a sparkling inground pool, fully fenced for privacy, and a convenient pool bath with toilet and vanity. Priced to sell at $1,650,000, this property is move-in ready with renovations fully permitted and approved by the city. Whether you're looking for an income-generating investment or a home for a large family, this is an opportunity you won’t want to miss! Variance granted 2-4 Units. Potential Revenue on Rentals could be: $3k for both RVs $1500 for studio $2,200 for 2/2 $4,500 for 4/2.5


Interior Features

Bedroom Information
Bedrooms N/A
Interior Information
Cooling Type Central Air

Listing Information

Address 1908 Washington St
City Lemon Grove
State CA
Zip 91945
County San Diego
Listing Agent Scott Norberg DRE #02134266
Co-Listing Agent Carl Thompson DRE #02110839
Courtesy Of Vylla Home, Inc.
List Price $1,650,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size N/A
Year Built 1966

Listing information courtesy of: Scott Norberg, Carl Thompson, Vylla Home, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 10th, 2024 at 5:38 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.