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Sold for $1,100,000 on 11/01/23
  • Listing Provided by: 

    Anthony Dangelo DRE #01962049 anthonyjdangelo@yahoo.com,

    Legacy West Realty

    Bought with: Real Broker
    $1,100,000

    6816-20 Central Ave, Lemon Grove, CA 91945

    4beds
    3baths
    14,456sqft
    Triplex
    Built in 1947
    -- sqft lot
    $1,370,400 Zestimate®
    $76/sqft
    $2,962 Estimated rent

    Home value

    $1,370,400

    $1.11M - $1.67M

    $2,962/mo

    Zestimate® history
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    $2,962/mo

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    $2,962/mo

    Rent Zestimate®

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    $6,806/mo

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    $6,806/mo

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    What's special

    Welcome to Lemon Grove's hidden gem! This fantastic triplex is a rare find, boasting a MASSIVE BUILDING LOT in an outstanding location. Seize the opportunity to live the ultimate investor's dream or secure your own piece of paradise with the potential for passive income. With two 1-bedroom, 1-bathroom units and a spacious 2-bedroom, 1-bathroom unit, the possibilities are endless. Nestled in a highly sought-after area, this triplex is the epitome of convenience and comfort. Imagine living in one of the cozy 1-bedroom units while gaining financial freedom by renting out the other two. The rental income from the additional units will cover your expenses and more, paving the way to financial prosperity. Calling all investors! This property's potential for expansion is truly awe-inspiring. With the enormous building lot at your disposal, the opportunity to construct more units awaits. Build your portfolio while simultaneously reaping the benefits of three steady rental incomes. It's a win-win scenario that any savvy investor won't want to miss. In addition to its lucrative potential, the neighborhood's charm will capture your heart. Immerse yourself in Lemon Grove's vibrant community, enjoying easy access to amenities, parks, schools, and entertainment. Your tenants will adore the convenience of this location, ensuring your units are always in high demand. Don't let this chance slip through your fingers! Whether you're an ambitious investor looking to expand your real estate empire or a homeowner seeking a property that practically pays for itself, this triplex is the answer to your dreams. Act fast and secure your future today!

    Zillow last checked: 8 hours ago

    Listing updated: November 02, 2023 at 09:36am

    Listing Provided by:

    Anthony Dangelo DRE #01962049 anthonyjdangelo@yahoo.com,

    Legacy West Realty

    Bought with:

    Veronica Hosey, DRE #02020405

    Real Broker

    Source: CRMLS,MLS#: PTP2303652MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Appliances
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup
    Features
    • Has fireplace: No
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 14,456
    • Total interior livable area: 14,456 sqft

    Property

    Features
    • Entry location: Front Door
    • Pool features: None
    Lot
    • Size: 0.33 Acres
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 4791001500
    • Zoning: R-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    • Attached to another structure: Yes
    Condition
    • Year built: 1947

    Utilities & green energy

    • Water: Public

    Community & neighborhood

    Community
    • Community features: Gutter(s)
    Location
    • Region: Lemon Grove

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    11/1/2023Sold$1,100,000+6%$76/sqft
    Source: CRMLS #PTP2303652
    10/2/2023Pending sale$1,037,500$72/sqft
    Source: CRMLS #PTP2303652
    9/15/2023Price change$1,037,500-1.2%$72/sqft
    Source: CRMLS #PTP2303652
    9/5/2023Price change$1,050,000-4.2%$73/sqft
    Source: CRMLS #PTP2303652
    8/18/2023Listed for sale$1,095,900$76/sqft
    Source: CRMLS #PTP2303652

    Public tax history

    YearProperty taxesTax assessment
    2025$14,128 +7.2%$1,122,000 +2%
    2024$13,175 +28%$1,100,000 +58.1%
    2023$10,289 +0.5%$695,829 +2%

    Find assessor info on the county website

    Neighborhood: 91945

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,370,400

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,370,400