2673 Massachusetts Ave, Lemon Grove, CA 91945
  • MLS#: 250039580SD ( )
  • Street Address: 2673 Massachusetts Ave
  • Viewed: 8
  • Price: $1,200,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1950
  • Bldg sqft: 0
  • Days On Market: 26
  • Additional Information
  • County: SAN DIEGO
  • City: Lemon Grove
  • Zipcode: 91945
  • Subdivision: Lemon Grove
  • Provided by: Nara Advisors, Inc.
  • Contact: Jason Jason
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Discover a rare three unit income property in the heart of Lemon Grovecompletely free of HOA restrictions. All units are spacious 2 bedroom, 1 bathroom layouts, including a converted garage that creates valuable extra living space. The main home sits at the front and currently rents for $2,500/month, while the two detached ADUseach with its own addressbring in $2,100 and $2,200/month. With long term tenants already in place on annual leases, investors benefit from immediate, stable cash flow from day one. The main residence is a charming single story home filled with natural light, original built ins, and mature landscaping that offers both character and privacy. A fully fenced yard and functional layout enhance tenant livability and retention, while the property still provides upside through future cosmetic updates or repositioning. Centrally located near freeways, shopping, and dining, this asset is ideal for an investor seeking reliable returns in a strong rental marketor for an owner occupant who wants to live in one unit while offsetting their mortgage with steady rental income from the others.
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Features
Association Fee
  1. 0.00
Cooling
  1. See Remarks
Country
  1. US
Levels
  1. One
Netoperatingincome
  1. 0.00
Parcel Number
  1. 4793501400
Park Name
  1. Lemon Grove
Sourcesystemkey
  1. 250039580:SDP
Subdivision Name Other
  1. Lemon Grove
Tenant Pays
  1. See Remarks
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/snd/250039580
Year Built
  1. 1950