Great opportunity for you to assume an FHA loan at 2.466%. Positive cash flowing 3 units with long term tenants. (1 unit unpermitted) 48K spent in recent upgrades to the property. There is a large utility area that could function as a workshop or could be converted into a 4th unit. Walking distance to the trolley station and the bus stop. Close to the freeway, shopping, and schools. The two 2 bedroom units have full size washer and dryer hookups. The studio has a full bathroom. The driveway is very long- you could park an RV or a boat. $5200 in current income with a lot of room to grow.
Sold for $900,000 on 03/12/24
$900,000
8019-21 Roy St, Lemon Grove, CA 91945
4beds
--sqft
Multi Family
Built in 1958
-- sqft lot
$919,200 Zestimate®
$--/sqft
$2,941 Estimated rent
Home value
$919,200
$836,000 - $993,000
$2,941/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 13, 2025 at 04:40am
Listed by:
Jason Oakes DRE #02005087 310-612-6257,
Big Block Realty, Inc.,
Heather Williams DRE #02133662 619-948-7641,
Big Block Realty, Inc
Bought with:
Jason Oakes, DRE #02005087
Big Block Realty, Inc.
Source: SDMLS,MLS#: 230017948
Originating MLS: San Diego Association of REALTOR
Originating MLS: San Diego Association of REALTORFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Wall/Gravity
Cooling
- N/K
Interior area
- Total structure area: 2,240
Property
Features
- Levels: 1 Story
- Pool features: N/K
- Spa features: N/K
- Fencing: Full,Gate
- Has view: Yes
- View description: N/K
- Frontage type: N/K
Lot
- Size: 0.16 sqft
Details
- Parcel number: 4802231300
- Zoning: R-2:MINOR
- Zoning description: R-2:MINOR
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Composition
Condition
- Year built: 1958
Utilities & green energy
- Water: Meter on Property
- Utilities for property: Sewer Connected
Community & neighborhood
Security
- Security features: N/K
Community
- Community features: N/K
Location
- Region: Lemon Grove
- Subdivision: LEMON GROVE
HOA & financial
HOA
- Services included: N/K
Other
Other facts
- Listing terms: Assumable,Cash,Conventional,FHA,VA
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2024 | Sold | $900,000-2.2% |
Source:  SDMLS #230017948 | ||
| 11/1/2023 | Pending sale | $920,000 |
Source: SDMLS #230017948 | ||
| 10/25/2023 | Listed for sale | $920,000 |
Source: SDMLS #230017948 | ||
| 10/4/2023 | Pending sale | $920,000 |
Source: SDMLS #230017948 | ||
| 9/13/2023 | Listed for sale | $920,000+18.7% |
Source: SDMLS #230017948 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,084 +18.6% | $917,999 +13.9% |
| 2024 | $11,031 +2.6% | $806,310 +2% |
| 2023 | $10,756 +34.6% | $790,500 +43.8% |
Find assessor info on the county website
Neighborhood: 91945
Nearby schools
GreatSchools rating
- NALemon Grove Early Childhood Education CenterGrades: KDistance: 0.6 mi
- 5/10Lemon Grove Academy For The Sciences And HumanitiesGrades: 7-8Distance: 0.3 mi
- 4/10Mount Miguel High SchoolGrades: 9-12Distance: 1.3 mi
Get a cash offer in 3 minutes
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Estimated market value
$919,200
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
$919,200