HomeSmart Realty West
Jessica Nguyen, HomeSmart Realty WestPhone: (858) 405-0441
Email: [email protected]
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listing
1 of 57
MultifamilySold
List Price $989,900
Sold Price $930,000
1952 Madera Street
Lemon Grove, CA 91945
Listing Provided Courtesy of Valle De Oro Financial Service
MLS: San Diego Multiple Listing Service (SDMLS)
6,900Sq Ft
Est. Mortgage
$5,210/mo

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.

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Listing Courtesy of Valle De Oro Financial Service. San Diego Multiple Listing Service, Inc. “SDMLS” Last Updated: 04/20/2024 09:01 AM
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