Listed by: Greg Fox, Keller Williams Realty
$805,000
●
House -
Off Market
2757 Cornelius Place
Lemon Grove, CA 91945
3 Beds
2 Baths
1,540 Ft²
$3,929
Est. Monthly
About This Property
The moment I saw this single-story treasure in Lemon Grove, I felt
a spark-it's a home brimming with love and possibilities. Three
spacious bedrooms and two bathrooms provide a warm embrace, while
the wood-burning fireplace in the family room promises cozy
evenings. Lighted ceiling fans dance overhead, and almond vinyl
dual-pane windows let sunlight spill across tiled floors. The
inviting courtyard whispers welcome, while the backyard, with its
covered patio and lush grass, sings of laughter and gatherings.
Delicious Fruit Trees adorn the front and back (Haas & Fuerte
Avocadoes, Dwarf Lemon, Mission Figs & Guava). The garage, split
into a workshop and parking, adds its own charm, and there's even
RV space for adventures waiting to unfold. For those with pets, the
front and rear yards are fenced with cinder block walls, chainlink
and 6' cedar fencing. Just steps from San Miguel Elementary and a
quick drive to downtown San Diego, this home, off the market for
over 30 years, is ready to start its next chapter-with you. Come on
home!
Unit Size
1,540 Ft²
Days on Market
57 days
Land Size
0.24 acres
Price per sqft
$519
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1967
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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 years ago (CRMLS #240027090SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 15, 2025 | Sold | ||
| Sold | |||
| Dec 1, 2024 | In contract | - | |
| In contract | |||
| Nov 18, 2024 | Listed by Keller Williams Realty | $800,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Garage
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
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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: Greg Fox, Keller Williams Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240027090SD
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240027090SD
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