1
Map
$800,000
●
House -
Off Market
2126 Locke Place
Lemon Grove, CA 91945
3 Beds
2 Baths
1,080 Ft²
$3,757
Est. Monthly
About This Property
Set on a quiet cul-de-sac and situated on an expansive lot, this
beautifully maintained Lemon Grove home offers the perfect
combination of thoughtful upgrades, breathtaking sunset views, and
outstanding ADU potential. Inside, you'll find an updated kitchen,
new flooring, and a bright, functional layout designed for
comfortable everyday living. Major improvements provide peace of
mind, including newer air conditioning, a newer roof, updated
plumbing, a newer garage door, exterior paint, gutters, shutters,
and an irrigation system. The home is also connected to AT&T
Fiber, making it ideal for today's work-from-home lifestyle and
high-speed connectivity needs. Step outside to enjoy the spacious
backyard, where you'll be treated to beautiful sunset views and
plenty of room to entertain, garden, or create your own outdoor
retreat. Conveniently located near shopping, dining, parks,
schools, and major freeways, this home offers the perfect balance
of comfort, convenience, and long-term value.
Unit Size
1,080 Ft²
Days on Market
26 days
Land Size
0.19 acres
Price per sqft
$708
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980
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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: 2 months ago (SDMLS #PTP2605925)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 31, 2026 | Sold | ||
| Sold | |||
| Aug 14, 2026 | In contract | - | |
| In contract | |||
| Jul 11, 2026 | Listed by Compass | $765,000 | |
| Listed by Compass | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lemon Grove
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: David Fletes, Compass
Last Updated: 2 months ago
Data Source: CRMLS, MLS# PTP2605925
Last Updated: 2 months ago
Data Source: CRMLS, MLS# PTP2605925
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