1908 Washington St Active

Lemon Grove,CA 91945

$ 1499900

7 Beds

7 Baths

2703 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,703 sqft

Price per Sqft $554

Subdivision Lemon Grove

MLS Listing ID 240023365

Style Detached

Bedrooms 7

Full Baths 5

Half Baths 2

HOA Y/N No

Year Built 1966

Lot Size 0.314 Acres

Acres 0.31

Lot Dimensions 64x210

Property Description

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 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!
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.

Location

State CA

County San Diego

Community Lemon Grove

Area Lemon Grove (91945)

Rooms

Family Room 15x21

Other Rooms 13x11

Guest Accommodations Attached

Master Bedroom 12X13

Bedroom 2 10X10

Bedroom 3 15X10

Bedroom 4 11X10

Bedroom 5 13x11

Living Room 15x21

Dining Room 10X11

Kitchen 15x17

Interior

Heating Electric

Cooling Central Forced Air

Fireplaces Number 2

Fireplaces Type FP in Living Room

Equipment Dishwasher,Disposal,Microwave,Pool/Spa/Equipment,Range/Oven,Refrigerator,Solar Panels,Built In Range,Gas & Electric Range,Range/Stove Hood,Built-In

Steps No

Appliance Dishwasher,Disposal,Microwave,Pool/Spa/Equipment,Range/Oven,Refrigerator,Solar Panels,Built In Range,Gas & Electric Range,Range/Stove Hood,Built-In

Laundry Laundry Room,Inside

Exterior

Exterior Feature Stucco

Parking Features None Known

Fence Wood

Pool Below Ground,Private,Fenced,Pool Cover

View Mountains/Hills

Roof Type Composition,Shingle

Total Parking Spaces 13

Building

Story 2

Lot Size Range .25 to .5 AC

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories 2 Story

Others

Ownership Fee Simple

Miscellaneous Gutters,Suburban

Acceptable Financing Cash,Conventional,FHA,VA

Listing Terms Cash,Conventional,FHA,VA

View More
Favorite Go Tour