$1,650,000
For Sale

1908 Washington St

Lemon Grove, CA 91945
2703 sqft | 7 beds | 6 baths | 0.31 acres | #240015589SD
Listing OfficeVylla Home, Inc.
Browse 147 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Incredible Multi-Unit Property with Rental Income Potential in Lemon Grove! This beautifully renovated, turnkey property on a hill with stunning views offers an excellent opportunity for investors or large families seeking multi-generational living. Boasting a total of 2,703 sq. ft., it features three fully separate units and is equipped with solar power, providing significant energy savings. Unit 1 is the largest at 1,527 sq. ft., offering 4 spacious bedrooms, 2.5 bathrooms, a cozy fireplace, and a dedicated laundry room. This unit is perfect for an owner-occupant or as a rental. Unit 2 is an 845 sq. ft. 2-bedroom, 2-bathroom home featuring a fireplace, laundry, and brand-new kitchen appliances (refrigerator, stove, microwave, and dishwasher). The fresh upgrades make this unit highly attractive to potential tenants. Unit 3 is a 331 sq. ft. studio with a gas range, microwave, and small refrigerator, ideal as a rental unit or guest space. The property also includes two RV spaces in the back, each equipped with sewer, water, and electric hookups, providing a potential rental income of $1,500 per month per space. Outside, you'll find ample parking and a beautifully landscaped backyard featuring a fenced-in inground pool for private relaxation, complete with a pool bath that includes a toilet and vanity. Located in a peaceful neighborhood, this property is aggressively priced at $1,650,000. Renovation has been fully permitted with a certificate of occupancy from the city. Whether you're looking for rental income or a spacious generational home, this property's got you!

  • Property Details
      • InteriorBedroomonMainLevel, MainLevelPrimary, UtilityRoom
      • Utility FeaturesSewerConnected, WaterConnected
      • Property SubtypeSingleFamilyResidence
      • SubdivisionLemon Grove
      • MLS #240015589SD
      • MLS #240015589SD
      • Original List Price$1,799,900
      • ViewMountains
      • CountySan Diego
      • Property TypePurchase
      • Cost1650000
      • Acres0.3144
      • Square Feet2703
      • Year Built1966
      • Bedrooms7
      • Bathrooms6
      • Full Baths5
      • Half Baths2
      • Stories2

Location

Wendy Johnson and Janey SmithReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00