$340,000
●
House -
Off Market
7180 Central Ave
Lemon Grove, CA 91945
2 Beds
1 Bath
1,025 Ft²
$660,855
RealtyHop Estimate
88.82%
Since Feb 1, 2016
CA-San Diego
Primary Model
About This Property
Charming 1950's 2-bedroom single-family home in Lemon Grove.
Wood floors in living room. Newer stainless-steel
appliances. Air-conditioning and central heat. Large
fully-fenced backyard perfect for BBQs, gardening, pets.
Patio area with gazebo. Gated RV parking with hookups.
Extra storage shed. Detached garage. Two
driveways for extra parking. VA buyers and FHA buyers
welcome. Neighborhoods: Lemon Grove Equipment: Dryer,Garage
Door Opener, Range/Oven, Washer Other Fees: 0 Sewer: Sewer
Connected Topography: LL
Unit Size
1,025 Ft²
Days on Market
59 days
Land Size
0.16 acres
Price per sqft
$341
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1951
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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: 4 months ago (SDMLS #150062375)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 17, 2025 | Sold | ||
| Sold | |||
| Mar 6, 2025 | Listed by Coldwell Banker Realty | $685,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
Welcome Home. Fantastic starter home. Bright and airy with 2 large bedrooms and 2 bathrooms. Living room is spacious enough to have a dining area and living space. Kitchen has a breakfast nook and pull-out drawers in the pantry. Primary bedroom is a permitted addition, and the bathroom has a soaking tub and a large walk-in closet. Wonderful backyard with various spaces for entertaining. Deck off primary bedroom is great for unwinding, there is a covered area for outdoor dining/entertaining and space off the kitchen for bbqing. Large shed in back is staying. Detached single car garage is extra wide and is located at the end of a long, double gated driveway providing privacy and security. On the other side, behind the double gate, there is space to park a boat or toys or an RV with hookups for sewer, water and electrical. There are drains in the cement so standing water isn't a problem.
| |||
| Jan 22, 2016 | Sold | ||
| Sold | |||
| Nov 24, 2015 | Listed by Keller Williams SD Metro | $350,000 | |
| Listed by Keller Williams SD Metro | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Lemon Grove
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Listed by: Sean Cartlidge, Keller Williams SD Metro
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150062375
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150062375
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