$220,000
●
House -
Off Market
7655 Central Avenue
Lemon Grove, CA 91945
2 Beds
1 Bath
1,030 Ft²
$594,270
RealtyHop Estimate
170.12%
Since May 1, 2012
CA-San Diego
Primary Model
About This Property
"Short Sale. Pre-approved list price by lender."Nice starter home
in good neighborhood. This 2 bedroom has nice hardwood floors, new
tile flooring in the kitchen and bath. New stucco on the exterior,
mostly new windows throught. Corner lot with room for Rv or
boat...This is a must see.
Unit Size
1,030 Ft²
Days on Market
77 days
Land Size
0.14 acres
Price per sqft
$214
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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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: 4 months ago (SDMLS #120003417)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 28, 2025 | Sold | ||
| Sold | |||
| Feb 10, 2025 | Listed by Keller Williams Realty | $625,000 | |
| Listed by Keller Williams Realty | |||
| | |||
|
Welcome to this lovingly maintained home, nestled on a corner lot in the heart of charming Lemon Grove, complete with a white picket fence. As you step inside, you're greeted by a bright and spacious living room that flows seamlessly into the inviting dining area, highlighted by the home's original wood flooring. The cozy bedrooms are filled with natural light and feature unique built-in closets that add character and charm. Upgrades include a new roof in 2021 and dual-pane windows (aside from the grand living room window). Step outside and unwind on the covered front porch or side patio, or enjoy the lush greenery and assortment of fruit trees and plants, such as fig, pomegranate, guava, lemon, lime, rosemary, plum, and more! On top of that, Lemon Grove offers shopping, restaurants, and easy freeway access, with Downtown San Diego only 9 miles away. This home truly offers the perfect blend of comfort, character, and convenience!
| |||
| Apr 3, 2012 | Sold | ||
| Sold | |||
| Jan 17, 2012 | Listed by Steele Canyon Realty | $220,000 | |
| Listed by Steele Canyon Realty | |||
Property Highlights
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
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Sold On
Sold On
HOA + Taxes
About Lemon Grove
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jodi Elliott, Steele Canyon Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 120003417
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 120003417
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