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… Read More 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! Variance granted 2-4 Units. Please also note the following items: 1) All offers must be submitted by the buyer's agent via PropOffers (Contact Listing Agent for instructions/questions) 2) The buyer's agent will be responsible for a $150 fee at the time of closing, for the use of PropOffers. 3) Buyer to do their own due diligence. All recent work was permitted. Read Less
Property listed by Vylla Home, Inc., Scott Norberg 877-330-2773
Listing Snapshot
Days Online
81
Last Updated
Property Type
Other
Lot Size
0.31 Acres
Year Built
1966
MLS Number
240023611SD
30 Days Snapshot Of 91945
$775k
+4%
(avg) sold price
11
-21%
homes sold
73
+35%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1966, Levels: Two, 2 stories, 1 building
Cooling
CentralAir
Fence
Partial
Lot
0.3144 acres, 13,696 square feet, Size: 13,696
Pool
InGround
Roof
Composition
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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