6816-20 Central, Lemon Grove, CA 91945

$1,100,000
4
BD
3
BA

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Sold Price
$1,100,000
List Price
$1,037,500
Closing Date
Nov 01, 2023
Days on Market
96
Status
CLOSED
MLS#
PTP2303652
Bedrooms
4
Bathrooms
3
Lot Size(apprx.)
14,456
City
Lemon Grove
Neighborhood
Lemon Grove
Property Type
Multifamily

Property Description

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 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!

Additional Information

Lot Size
14,456
Neighborhood
Lemon Grove

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Anthony Dangelo (619-302-5062) from Listing Office: Legacy West Realty.

Selling Office: Sunrise Acceptance Corp.

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