7163 Central Ave

Lemon Grove, CA 91945
  • $1,750,000

    Price
  • 6,316

    SqFt
  • 0.46

    Acre

About the Listing 11958 - 109465

Well-maintained 7-unit apartment property in Lemon Grove offered at $1,750,000. Built in approximately 1988 on a large 19,979 SF lot, the property features one 3-bedroom, 2.5-bath front house and six 2-bedroom units, including two townhomes. Two 2-bedroom units offer direct access to garages with washer/dryer hookups. The property includes 14 parking spaces, select private yards and balconies, separate SDG&E meters, and more than $90,000 in completed capital improvements, including plumbing, roofing, decking, stairways, and HVAC work. Current scheduled income is approximately $146,064, with estimated market income of approximately $199,200 and approximately $53,136 in potential annual gross-income upside. Conveniently located near State Routes 94 and 125, shopping, restaurants, La Mesa, Spring Valley, and Downtown San Diego. Buyer to verify all information and independently confirm income, expenses, rents, square footage, parking, and property characteristics. Please do not enter or walk the property, or contact any tenants or property management, without the prior approval of the Listing Agent.

Listing Highlights for 7163 Central Ave

Status Active With Contingency
Days on Site 31
Property Type Multi-Family
MLS ® NDP2608624
Year Built 1988
Total Square Footage 6,316
Lot/Acreage 0.46

Interior Details

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  • Air Cond:
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Exterior Details

  • Lot Description: 0-1 Unit/Acre,No Land Lease
  • Garage Capacity: 2 car
  • Parking Spaces: 14
  • Zoning: R-2
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 4792103300
  • Tax Year: N/A

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7163 Central Ave Lemon Grove, CA 91945

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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