8050-8052 Lemon Grove Way - Apartments FOR SALE


Lemon Grove, CA 91945
$1,400,000 USD
339-222-3361
8050-8052 Lemon Grove Way, Lemon Grove, CA for Sale
$1,400,000 USD
Apartments - FOR SALE
1/20
null | 4.3% Cap Rate

8050-8052 Lemon Grove Way
Lemon Grove, CA 91945


HIGHLIGHTS

  • Single story
  • No shared walls (with exception of garages) for maximum privacy
  • Four garages
  • Over 1/2 acre lot

OVERVIEW

8050 Lemon Grove Way represents a rare opportunity to own four large 2 bedroom/1 bathroom units on over a half an acre-sized lot. The units come equipped with single car garages, washer/dryer hookups, spacious back yards, dual pane windows and all of them are single story. There are no shared walls with any neighbors except for the walls connecting the garages to maximize privacy even further. Due to the uniquely large lot size, there is the capacity to build additional units in the future for even further upside.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$461 USD /SF

# OF UNITS

4

PRICE/UNIT

$350,000

CAP RATE

4.3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

R3

APN/PARCEL ID

475-450-22

ASK ABOUT THIS PROPERTY

Brendan FlynnSouth Coast Commercial, Inc.More Info
339-222-3361

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Brendan FlynnSouth Coast Commercial, Inc.More Info
339-222-3361

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.