Open House: Sat, Nov 23rd 12:00 PM - 3:00 PM PST

Active

1908 Washington St

Lemon Grove CA, 91945

$1,499,900


$554.90 per sqft

Active

7 Beds

7 Baths

2,703 sqft

Residential

Built in 1966

OHs this Sat 11/23 from 12p - 3p & Sun 11/24 from 10:30a - 1:30p!!! 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!

240023365

MLS ID

October 2, 2024

Listed

November 22, 2024

Updated

Map

1908 Washington St
Lemon Grove CA, 91945

Interior Features

Total Stories

2


Bedrooms

7


Total Bathrooms

7


Full Bathrooms

5


Half Bathrooms

2


Appliances

Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator, Built-In Range, Gas & Electric Range, Range Hood, Built-In


Laundry Description

Laundry Room, Inside, Electric, Washer Hookup, Gas Electric Dryer HU


Fireplace

Yes


Fireplace Description

Living Room


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Electric, Forced Air

Exterior/Building Features

Lot Size

0.31 Acres


Lot Features

Gutters, Suburban


Architectual Style

Traditional


Roof

Composition, Shingle


Sewer

Public Sewer

Other Property Details

Area Name

East County


Days on Market

50


Garage

No


Parking

Garage(None Known), Non-Garage(Driveway)


Parking Total

13


View

Yes


View Description

Mountains/Hills


County

San Diego


Water Source

Public


Pool

Yes


Pool Features

In Ground, Private, Fenced, Pool Cover

Listing History

Date

Event

Price

11/14/2024

Price change

$1,499,900

-5%

Open House Schedule

Sat, Nov 23rd

12:00 PM - 3:00 PM PST

Sun, Nov 24th

10:30 AM - 1:30 PM PST

Listed by Vylla Home, Inc., Scott Norberg,
Listing Contact: 858-699-1984 

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