$775,000
●
House -
Off Market
2334 Debco Drive
Lemon Grove, CA 91945
3 Beds
2 Baths
1,300 Ft²
$3,781
Est. Monthly
About This Property
Nestled in a peaceful and private setting, this beautifully
upgraded single-story ranch-style home combines timeless charm with
modern convenience, offering an inviting open floorplan perfect for
today's lifestyle. A bonus room extends to a coved patio, leading
to a gazebo and a lush backyard with fruit-bearing Blood Tangerine
and Orange trees. Upgraded for modern convenience, the property
features solar panels, a Tesla Level 2 car charger, and an upgraded
200-amp electrical main panel. The enclosed patio offers potential
for an ADU, providing extra flexibility for your living space.
Located in a desirable neighborhood, this home is close to top
local schools, including Mt. Vernon Elementary, Monterey Heights
Elementary, Lemon Grove Academy Middle School, Mt. Miguel High
School, and the Senior Center. With both charm and contemporary
features, this Lemon Grove gem is ready to welcome its next owners.
VA assumable loan.
Unit Size
1,300 Ft²
Days on Market
140 days
Land Size
0.14 acres
Price per sqft
$592
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1959
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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: 12 months ago (SDMLS #NDP2408822)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Jan 15, 2025 | In contract | - | |
| In contract | |||
| Oct 2, 2024 | Listed by Real Broker | $770,000 | |
| Listed by Real Broker | |||
| Jun 22, 2022 | No longer available | - | |
| No longer available | |||
| May 15, 2022 | In contract | - | |
| In contract | |||
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Property Highlights
Parking Available
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
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Listed by: Rene McGonigle, Real Broker
Last Updated: 12 months ago
Data Source: CRMLS, MLS# NDP2408822
Last Updated: 12 months ago
Data Source: CRMLS, MLS# NDP2408822
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