8619 Sandy Bev Lane

    Lemon Grove, CA 91945
    • $7,500,000
    • STATUS: Pending
    • ON SITE: 26 days
    • ID#: 200012036
    Pending
    UPDATED: 12 min ago
    $7,500,000
    • 0
      BEDS
    • 2.39
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Central location and proximity to Spring Street and Lemon Grove trolly stations as well as easy access to CA 95 and CA 125 freeways but with the quaint setting of a small town. This property is less of a complex and more of a neighborhood with a great sense of community make these units easy to rent and command a high premium. This property consists of (9) 2 bedroom/ 1 bath twin homes. (1) 3 bedroom/2 bath duplex and (2) single family homes each with 2 bedrooms/ 1 bath. Each building is on its own lot for a total of twelve lots with a gross land area of 104,107 square feet (2.39 acres) Each unit has a garage and are individually metered for gas and electric. All units have been refurbished in the past year. Exterior: ,

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-06T14:30:04.983. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Camargo & Wilson Realty Team | Realty ONE Group Southwest. Licensed in the State of California, USA.

    www.tophomefinders.com/homes/104039597

    8619 Sandy Bev Lane Lemon Grove, CA 91945

    • Price: $7,500,000
    • Status: Pending
    • Updated: 12 min ago
    • ID#: 200012036
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.39
    Acres
    County:
    San Diego
    Property Description
    Central location and proximity to Spring Street and Lemon Grove trolly stations as well as easy access to CA 95 and CA 125 freeways but with the quaint setting of a small town. This property is less of a complex and more of a neighborhood with a great sense of community make these units easy to rent and command a high premium. This property consists of (9) 2 bedroom/ 1 bath twin homes. (1) 3 bedroom/2 bath duplex and (2) single family homes each with 2 bedrooms/ 1 bath. Each building is on its own lot for a total of twelve lots with a gross land area of 104,107 square feet (2.39 acres) Each unit has a garage and are individually metered for gas and electric. All units have been refurbished in the past year. Exterior: ,
    Exterior Features

    Construction Materials Frame Lot Size Units Square Feet Roof Composition

    Interior Features

    Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes

    Property Features

    Cap Rate 4.78 Country Us Gross Scheduled Income 529860.00 Insurance Expense 6086.00 Maintenance Expense 11288.00 Net Operating Income 406502.00 Operating Expense 123358.00 Property Sub Type Commercial/Residential Resident Manager Expense 0.00 Supplies Expense 380.00 Total Expenses 77740.00 Total Monthly Rent 44155 Trash Expense 235.00 Water Sewer Expense 12316.00

    Listing provided courtesy of Dirk Cahaan of Eclipse Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-04-06T14:30:04.983. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Camargo & Wilson Realty Team | Realty ONE Group Southwest. Licensed in the State of California, USA.

     
    Camargo & Wilson Realty Team | Realty ONE Group Southwest
    41463 Margarita Road, Suite 100
    Temecula CA, 92591