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

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0.49 Acres Lot
SOLD DATE : 08/30/2024

Key Details

Sold Price $1,300,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Lemon Grove

MLS Listing ID 240014559SD

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

Area 91945 - Lemon Grove

Building/Complex Name No

Interior

Heating None

Cooling Wall/Window Unit(s)

Exterior

Fence Partial

View Y/N No

Roof Type Composition

Building

Story 1

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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California Regional MLS (CRMLS)
Listed by Vincent Provenzano • Pacific Coast Commercial
Bought with Vincent Provenzano • Pacific Coast Commercial
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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