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1952 Madera Street Lemon Grove, CA 91945
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Key Details
Sold Price $930,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Lemon Grove
MLS Listing ID 210034066SD
Sold Date 02/24/22
HOA Y/N No
Year Built 1950
Lot Size 6,899 Sqft
Property Description
Remodeled with Incredible beauty and professionally designed. This large property boasts the ability to utilize California's newest Senate Bill No. 9 and 10, by doubling the property's potential with a lot split in order to build another duplex. No detail was overlooked on this gorgeous property revival, from glass mirrored tile, designer fixtures, brand new kitchen cabinets, elegant hardware, new flooring, paint, and new roof and stucco on second unit. Property is beautifully landscaped with artificial turf in front yard, ground covering in the backyard, brick walkways to patio landings in yard, and an entertainment area to gather around a campfire. The backyard even boasts a wonderland playhouse for the children, painted with ombre rainbow walls and cloud ceilings. Front house is 3 bed/2ba, back attached unit is 1 bed/1ba, and back Casita/Mother-in-law suite is a single bedroom with closet. Front house potential rent is $3,500, back granny flat rent potential is $2,000, and Casita room rental potential is $800. This property is an incredible investment opportunity for anyone wanting to double their unit mix and rental potential. Property is close to shopping centers, freeway access, and a short drive to downtown and the beaches. Remodeled with Incredible beauty and professionally designed. This large property boasts the ability to utilize California's newest Senate Bill No. 9 and 10, by doubling the property's potential with a lot split in order to build another duplex. No detail was overlooked on this gorgeous property revival, from glass mirrored tile, designer fixtures, brand new kitchen cabinets, elegant hardware, new flooring, paint, and new roof and stucco on second unit. Property is beautifully landscaped with artificial turf in front yard, ground covering in the backyard, brick walkways to patio landings in yard, and an entertainment area to gather around a campfire. The backyard even boasts a wonderland playhouse for the children, painted with ombre rainbow walls and cloud ceilings. Front house is 3 bed/2ba, back attached granny flat unit is 1 bed/1ba, and back Casita/Mother-in-law suite is a single bedroom with closet. Front house potential rent is $3,500, back unit rent potential is $2,000, and Casita room rental potential is $800. This property is an incredible investment opportunity for anyone wanting to double their unit mix and rental potential. Property is close to shopping centers, freeway access, and a short drive to downtown and the beaches. Square footage is of approximate measurements of all 3 structures on the lot. Sewer: Sewer Connected Unit # for Unit 1: FrontHouse Unit # for Unit 2: GrannyFlat Unit # for Unit 3: Casita Number of Furnished Units: 0 Topography: LL
Location
State CA
County San Diego
Area 91945 - Lemon Grove
Zoning Low Medium
Interior
Heating Natural Gas
Cooling None
Fireplace No
Appliance Gas Water Heater
Exterior
Pool None
Roof Type Composition
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 5760831800
Acceptable Financing Cash, Conventional, Cal Vet Loan, FHA, VA Loan
Listing Terms Cash, Conventional, Cal Vet Loan, FHA, VA Loan
Financing Conventional
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Bought with Jacques Rojo • Keller Willams Realty