Lemon Grove, CA 91945,1952 Madera Street
Lemon Grove, CA 91945,1952 Madera Street
Lemon Grove, CA 91945,1952 Madera Street
$930,000
Est. payment /mo
$989,900
6.1%
Est.Price: ?

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5 Beds
3 Baths
1,000 SqFt
SOLD DATE : 02/24/2022

Key Details

Sold Price $930,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Square Footage 1,000 sqft

Price per Sqft $930

Subdivision Lemon Grove

MLS Listing ID 210034066

Sold Date 02/24/22

Bedrooms 5

Full Baths 3

HOA Y/N No

Year Built 1950

Lot Size 6,900 Sqft

Property Description

Remodeled with Incredible beauty and professionally designed. This large property boasts the ability to utilize California's newest Senate Bill No. 9 and 10, by doubling the property's potential with a lot split in order to build another duplex. No detail was overlooked on this gorgeous property revival, from glass mirrored tile, designer fixtures, brand new kitchen cabinets, elegant hardware, new flooring, paint, and new roof and stucco on second unit. Property is beautifully landscaped with artificial turf in front yard, ground covering in the backyard, brick walkways to patio landings in yard, and an entertainment area to gather around a campfire. The backyard even boasts a wonderland playhouse for the children, painted with ombre rainbow walls and cloud ceilings. Front house is 3 bed/2ba, back attached unit is 1 bed/1ba, and back Casita/Mother-in-law suite is a single bedroom with closet. Front house potential rent is $3,500, back granny flat rent potential is $2,000, and Casita room rental potential is $800. This property is an incredible investment opportunity for anyone wanting to double their unit mix and rental potential. Property is close to shopping centers, freeway access, and a short drive to downtown and the beaches.
Remodeled with Incredible beauty and professionally designed. This large property boasts the ability to utilize California's newest Senate Bill No. 9 and 10, by doubling the property's potential with a lot split in order to build another duplex. No detail was overlooked on this gorgeous property revival, from glass mirrored tile, designer fixtures, brand new kitchen cabinets, elegant hardware, new flooring, paint, and new roof and stucco on second unit. Property is beautifully landscaped with artificial turf in front yard, ground covering in the backyard, brick walkways to patio landings in yard, and an entertainment area to gather around a campfire. The backyard even boasts a wonderland playhouse for the children, painted with ombre rainbow walls and cloud ceilings. Front house is 3 bed/2ba, back attached granny flat unit is 1 bed/1ba, and back Casita/Mother-in-law suite is a single bedroom with closet. Front house potential rent is $3,500, back unit rent potential is $2,000, and Casita room rental potential is $800. This property is an incredible investment opportunity for anyone wanting to double their unit mix and rental potential. Property is close to shopping centers, freeway access, and a short drive to downtown and the beaches. Square footage is of approximate measurements of all 3 structures on the lot.

Location

State CA

County San Diego

Community Lemon Grove

Area Lemon Grove (91945)

Zoning Low Medium

Interior

Heating Natural Gas

Appliance Wall/Gravity

Exterior

Exterior Feature Stucco, Wood

Garage Unit1:N/K Unit2:N/K Unit3:N/K

Fence Full

View Evening Lights

Roof Type Composition

Building

Lot Description Public Street, Street Paved

Story 1

Lot Size Range 4000-7499 SF

Sewer Sewer Connected

Water Meter on Property

Level or Stories 1 Story

Others

Acceptable Financing Cal Vet, Cash, Conventional, FHA, VA

Listing Terms Cal Vet, Cash, Conventional, FHA, VA

Financing Conventional

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Chris & Courtney Cameron

Chris & Courtney Cameron

+1(619) 393-9338

Our team is ready to help you sell your home for the highest possible price ASAP


San Diego Regional MLS (SDMLS)
Listed by Pamela Macias • Valle De Oro Financial Service
Bought with Jacques Rojo • Keller Willams Realty

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Chris & Courtney Cameron

+1(619) 393-9338

Agent | Office DRE #02021421 | 01766250

Agent Office DRE #02021421 | 01766250

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