Property Detail
Description
ATTENTION INVESTORS. RARE INVESTMENT OPPORTUNITY! As-is Sale, Owner had obtained permits to build & complete 10 ADU Style Bedroom/Efficiency style units with 7 bathrooms. BRING ALL OFFERS, INCLDG. CO-INVESTMENT OPPORTUNITIES. HOUSE IS IN THE PROCESS OF RENOVATION, STRIPPED DOWN TO STUDS. ARCHITECTURAL CONSTRUCTION DRAWINGS WITH CITY PERMITS - In process of being renewed. This Large house is in construction process w/10 bedrooms, 7 bathrooms, centrally located in Lemon Grove, on a flat corner lot, surrounded by trees and bushes. There is a parking lot in front of the property and a peaceful, private yard in the back. The property is in walking distance to grocery, shopping, restaurants, public transportation and offices. The house is being rebuilt after a fire. The buyer can decide on finishing touches according to their taste and standard. This is a residential income rental property, which could be used for independent living facility, or Airbnb; ideal investment for owner/manager... Rooms previously were rented individually bringing nice income. Proforma gross monthly income based on the past history - over $10K w/conservative rent. Buyer to verify all herein w/appropriate City/County Building Dept's. One Owner is Lic RE Agent. IMMEDIATE SALE NEEDED! BRING ALL OFFERS...
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Listing provided courtesy of Richard Calderone of Coldwell Banker West. Last updated 2025-12-14 09:13:18.000000. Listing information © 2025 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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