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$1,399,900

Beds
7
Baths
6.0
sq ft
2,703

1908 Washington St, Lemon Grove, CA 91945

1908 Washington St

Lemon Grove, CA 91945

  • 82 days on market
    • Price drop $100,000↓
OHs Sat (12/21) from 12p - 3p & Sun (12/22) 10:30a - 1p!! Amazing Triplex with Expansion Potential in Lemon Grove! (INVESTORS!!! - This is a 6.84% 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!

Details

Property type

Single Family Residence

Lot size

0.31 acres

Price per sq ft

$518

Year built

1966

Price History

12/20/2024
SanDiego

SanDiego #240023365

Price change
$1,399,900
-6.67%
11/14/2024
SanDiego

SanDiego #240023365

Price change
$1,499,900
-4.77%
10/02/2024
SanDiego

SanDiego #240023365

Listed
$1,575,000
-4.55%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 12/23/2024 at 8:45 AM

Listing updated: 12/20/2024 at 12:41 PM

Listed by: Scott Norberg, Vylla Home, Inc. Phone #: (877) 330-2773

MLS: SanDiego #240023365

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