$450,000
●
House -
Off Market
1845 Madera St
Lemon Grove, CA 91945
3 Beds
2 Baths
1,188 Ft²
$753,834
RealtyHop Estimate
67.89%
Since Dec 1, 2017
CA-San Diego
Primary Model
About This Property
Classic 3 bedroom/2 bath with upgrades galore. Newer
kitchen--granite counters, stainless steel appliances, tile
flooring, recently stained cabinets; designer colored paint; forced
heat and A/C recently added, easy care yard with pavers and
artificial turf. Garage has recent epoxy floor paint. Shed in the
back yard for more storage or ?? Over $45,000 in remodeling.
Sellers have enjoyed their home but are needing more space with the
growing family. School close by. Neighborhoods: Lemon Grove Other
Fees: 0 Sewer: Sewer Connected Topography: GSL
Unit Size
1,188 Ft²
Days on Market
47 days
Land Size
-
Price per sqft
$378
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (SDMLS #170053696)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Oct 9, 2025 | In contract | - | |
| In contract | |||
| Sep 25, 2025 | Relisted | $740,000 | |
| Relisted | |||
| Sep 14, 2025 | In contract | - | |
| In contract | |||
| Sep 4, 2025 | Listed by FOSTER HAMILTON Real Estate | $740,000 | |
| Listed by FOSTER HAMILTON Real Estate | |||
| | |||
|
Welcome to 1845 Madera Street in Lemon Grove! This updated home offers bright living spaces, a modern kitchen with stainless appliances, and comfortable bedrooms with updated baths. Enjoy the convenience of air conditioning and low-maintenance flooring throughout. The spacious driveway includes RV parking, while the backyard is designed for low-maintenance outdoor living—perfect for relaxing or entertaining. Located in a quiet neighborhood close to shopping, schools, major freeways, and military bases, this home combines comfort with accessibility. Whether you’re a first-time buyer or looking to upgrade, 1845 Madera is move-in ready and waiting for you!
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lemon Grove
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Listed by: Marty Price, Coldwell Banker Res. Brokerage
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170053696
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170053696
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