23
Map
$649,000
●
House -
For Sale
2720 Olive Street
Lemon Grove, CA 91945
3 Beds
2 Baths
1,079 Ft²
$3,187
Est. Monthly
About This Property
Opportunity awaits! Calling all investors, contractors and
renovation enthusiasts! You have a single-level 2BR, 1BA,
living/dining, kitchen/breakfast area in the main house and an
ATTACHED permitted 1BR,1BA with a separate entrance. Perfect for
extended family. This property provides many possibilities to
transform this home on a generously sized 7,335sq.ft. flat lot. You
have so many options – expand, build up, or you can add an ADU/JADU
in addition to the main dwelling. Whether you're looking to create
your perfect home, next investment project or potential
redevelopment, Olive Street offers a unique opportunity for your
real estate ambitions. This location is nearby local eateries,
shopping centers, trolley, schools and more. Note: Any
redevelopment or expansion possibilities are subject to applicable
zoning (RLM zone), permits, and city approval – buyer to verify all
information. **Agents please look in documents section of the MLS
and send all the reports and estimates to your client for review
prior to scheduling a showing.**
Unit Size
1,079 Ft²
Days on Market
3 days
Land Size
0.17 acres
Price per sqft
$601
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
Listed By
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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: 3 days ago (SDMLS #260025291SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2026 | Listed by Pacific Sotheby's Int'l Realty | $649,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
Property Highlights
Garage
Parking Available
Parking Details
Has Garage
Has Open Parking
Parking Features: Concrete, Driveway, Garage Faces Front, Garage, Garage Door Opener, On Street, DoorSingle
Garage Spaces: 1
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Built-in Features, Ceiling Fan(s), BedroomOnMainLevel, MainLevelPrimary
Appliances: Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, CounterTop
Flooring Type: Tile, Wood
Laundry Features: Gas Dryer Hookup
Exterior Details
Square Footage: 1079
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Property Condition: Fixer
Year Built: 1950
Levels: One
Other Structures: GuestHouseAttached
Construction Materials: Stucco
Patio and Porch Features: See Remarks, Concrete
Pool Features: None
Lot Features: Corner Lot
Lot Size Area: 7335
Lot Size Units: Square Feet
Lot Size Acres: 0.1684
Lot Size Square Feet: 7335
Water Source: Public
Utilities Details
Cooling Type: Wall/Window Unit(s)
Heating Type: Natural Gas
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: Karen Hickman, Pacific Sotheby's Int'l Realty
Last Updated: 3 days ago
Data Source: CRMLS, MLS# 260025291SD
Last Updated: 3 days ago
Data Source: CRMLS, MLS# 260025291SD
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