$930,000
●
House -
Off Market
2618 Sheri Ln
Lemon Grove, CA 91945
3 Beds
2 Baths
1,490 Ft²
$4,174
Est. Monthly
About This Property
Your perfect indoor/outdoor San Diego Lifestyle awaits. This home,
located on quiet cul-de-sac, is designed for effortless
indoor-outdoor living. Fully Owned Solar! This residence features a
sparkling pool and expansive outdoor space, creating the perfect
backdrop for year-round gatherings, relaxation, and al fresco
dining. The backyard features resort style living illuminating at
night and a bonus fitness studio and additional storage shed. The
inside is fully updated complete with an open floor plan layout,
high tech kitchen appliances, and spacious living areas. Located on
a Santa Clause Ln, enjoy the Holiday spirit from your living room.
Sheri Ln provides a rare blend community charm and resort-style
living with the private backyard retreat that elevates every day
into a staycation. Centrally located, close to shops and
restaurants, just 15 minutes to downtown San Diego and 25 minutes
to the beaches. Don't miss out on this incredible home at an
unbeatable price!
Unit Size
1,490 Ft²
Days on Market
33 days
Land Size
0.16 acres
Price per sqft
$570
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953
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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: 13 months ago (SDMLS #250040416SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 3, 2025 | Sold | ||
| Sold | |||
| Oct 12, 2025 | In contract | - | |
| In contract | |||
| Oct 1, 2025 | Listed by Compass | $849,999 | |
| Listed by Compass | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lemon Grove
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Listed by: Kelsey Olson, Compass
Last Updated: 13 months ago
Data Source: CRMLS, MLS# 250040416SD
Last Updated: 13 months ago
Data Source: CRMLS, MLS# 250040416SD
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