Price Reduction - Seller Financing
Address
7560 North Ave Lemon Grove, CA
Price
$ 1,590,000
Property Attributes
  • MLS#200014129
  • TypePending
  • CountySAN DIEGO
  • CityLemon Grove
  • AreaEast County
  • NeighborhoodEast County
  • Zip91945
  • Style
  • Price$ 1,590,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
Listing Provided Courtesy Of:
KB Investments
Property Description

**Seller financing available with 50% down for up to 1 year with interest only payments** 7560 North Ave is a fantastic 11 units apartment building in the heart of Lemon Grove. The entire property is in need of remodeling/repairs and is currently vacant. Perfect for an investor looking for a fixer without the hassle of removing tenants in accordance with new rent control laws. The upside value is overwhelming with large units, possible development opportunities and obtaining market rents immediately. Per the tax record the subject property is 11 units, but one unit may or may not be permitted. Buyer to verify all permits and building is sold "AS-IS, WHERE-IS". Financing must be cash only or hard money loans per the condition of the property.

Price History
3/23/2020 Listed $1,600,000
3/30/2020 1% - $1,590,000

General Features

# Of Units (1) 10
# Of Units (2) 1
Construction Other/Remarks
Sale/rent For Sale
Total Units 11

Interior Features

Baths in Unit 1 1.0
Baths in Unit 2 1.0
Bedrooms in Unit 1 1
Bedrooms in Unit 2 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91945

Price
AVG $770K
$1.59M
Visits
AVG 28
16

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