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    7462 Daytona

    Lemon Grove, CA 91945
    • $795,000 - $845,000
    • STATUS: ACTIVE
    • ON SITE: 97 days
    • ID#: 200016138
    $795,000 - $845,000
    • 4
      BEDS
    • 0.19
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 1,592
      SQFT
    • $531
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1945
    County:

    School Ratings & Info

    Description

    Offered at $795,000-$845,000...Come earn $64,620 gross rental income. Turnkey. 3 units, 1 property. 2bd/1bth house with 1bds/1bths duplex. Individually metered. Each remodeled and upgraded including kitchens, bathrooms, granite countertops, paint, flooring, ss appliances, and more...Each has own washer/dryers, private fenced yards and off street parking. Plus add'l separate RV/Boat parking/storage w/ custom 14 foot rolling gate. A smart choice investment OR live in house and collect rents from the duplex. Sharpen your pencils and do the math! This works out. Pure investment OR live in one and rent the others. Conveniently located with easy access to highways and shopping this property is easily rented and something you’ll enjoy owning. Individually metered gas/electric. UNIT 1 (3260 New Jersey): 2 BEDROOM /1 BATH house New Jersey, $1995mo. features include 1 car detached garage with epoxy coated floor, fully fenced yard, W/D, laminate wood flooring, remodeled kitchen and bathroom, and private deck with shade covering. UNIT 2 (7462 Daytona): 1 BEDROOM /1 BATH, $1625mo. Refinished original wood floors, new carpet in bedroom, remodeled interior, private fenced yard, off-street parking, W/D, and more! UNIT 3 (7464 Daytona): 1 BEDROOM /1 BATH, $1765mo. Refinished original wood floors, new carpet in bedroom, remodeled interior, A larger private fenced yard and gate large enough to pull vehicle through to yard, off-street parking, W/D, and more...ADDITIONAL IMPROVEMENTS include new closet doors, new ceiling fans, all new base moulding, new interior paint, new blinds and curtains, and large custom built storage shed.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.farlandrealty.com/homes/104854538
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    7462 Daytona Lemon Grove, CA 91945

    • Price: $795,000 - $845,000
    • Status: ACTIVE
    • ID#: 200016138
    4
    Beds
    3
    Baths
    0
    ½ Baths
    0.19
    Acres
    1,592
    SQFT
    $531
    $/SQFT
    1945
    Built
    Neighborhood:
    Lemon Grove
    County:
    San Diego
    Area:
    Lemon Grove (91945)
    Property Description
    Offered at $795,000-$845,000...Come earn $64,620 gross rental income. Turnkey. 3 units, 1 property. 2bd/1bth house with 1bds/1bths duplex. Individually metered. Each remodeled and upgraded including kitchens, bathrooms, granite countertops, paint, flooring, ss appliances, and more...Each has own washer/dryers, private fenced yards and off street parking. Plus add'l separate RV/Boat parking/storage w/ custom 14 foot rolling gate. A smart choice investment OR live in house and collect rents from the duplex. Sharpen your pencils and do the math! This works out. Pure investment OR live in one and rent the others. Conveniently located with easy access to highways and shopping this property is easily rented and something you’ll enjoy owning. Individually metered gas/electric. UNIT 1 (3260 New Jersey): 2 BEDROOM /1 BATH house New Jersey, $1995mo. features include 1 car detached garage with epoxy coated floor, fully fenced yard, W/D, laminate wood flooring, remodeled kitchen and bathroom, and private deck with shade covering. UNIT 2 (7462 Daytona): 1 BEDROOM /1 BATH, $1625mo. Refinished original wood floors, new carpet in bedroom, remodeled interior, private fenced yard, off-street parking, W/D, and more! UNIT 3 (7464 Daytona): 1 BEDROOM /1 BATH, $1765mo. Refinished original wood floors, new carpet in bedroom, remodeled interior, A larger private fenced yard and gate large enough to pull vehicle through to yard, off-street parking, W/D, and more...ADDITIONAL IMPROVEMENTS include new closet doors, new ceiling fans, all new base moulding, new interior paint, new blinds and curtains, and large custom built storage shed.
    Exterior Features

    Exterior Wood/Stucco Fencing Partial Frontage N/K Irrigation N/K Parking For RV On-Site Parking Parking Garage Desc Unit1 AssignedDetached Parking Garage Desc Unit2 Assigned Parking Garage Desc Unit3 Assigned Parking Garage Desc Unit4 N/K Parking Garage Spaces Unit1 1 Parking Garage Spaces Unit2 0 Parking Garage Spaces Unit3 0 Parking Non Garage Desc Unit1 None Known Parking Non Garage Desc Unit2 None Known Parking Non Garage Desc Unit3 None Known Parking Non Garage Desc Unit4 None Known Pool N/K Pool Heat None Known Roof CompositionRolled/Hot Mop Site Corner Lot Spa N/K Spa Heat None Known Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Units With Garages 1 Units With Patios 3 View N/K

    Interior Features

    Cooling Wall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Equipment Wall/Gravity Heat Source Natural Gas Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Units With Cooling 3 Units With Dishwashers 3 Units With Dryers 3 Units With Fireplaces 0 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 3 Water Heater Type Gas

    Property Features

    Actual Cap Rate 6.23 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 11662 Association ID Pacific Southwest Association Of Realtors (Psar) Buildings 2 Cfd Mello Roos Fee 0.0 Community Lemon Grove Complex Features N/K Complex Park N/A Cross Streets New Jersey Gross Rent Multiplier Actual 13.13 Gross Rent Multiplier Project 12.3 Gross Scheduled Income Actual 64620 Gross Scheduled Income Project 69000 Home Owners Assoc Fee Includes N/K Home Owners Fees 0.0 Mandatory Remarks None Known Mandatory Remarks For Value Range Pricing Seller Will Entertain Offers Between $795000 - $845000 Market Area East County Miscellaneous N/K Monthly Total Fees 0 Other Fee Type N/K Other Fees 0.0 Other Income Actual 0 Pets Yes Possession Close Of Escrow Projected Cap Rate 6.75 Projected Other Income 150.0 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Telecommunications Cable (Coaxial)Satellite Dish Tenant Pays Cable TvElectricityGas/Propane Terms CashConventionalFhaVa Unit Number For Unit1 3260 Unit Number For Unit2 7462 Unit Number For Unit3 7464 Unit1 Deposit 1995 Unit1 Occupied Tenant Unit1 Projected Rent 2200.0 Unit1 Rent Actual 1995.0 Unit2 Deposit 1775 Unit2 Occupied Tenant Unit2 Projected Rent 1750.0 Unit2 Rent Actual 1625.0 Unit3 Deposit 1895 Unit3 Occupied Tenant Unit3 Projected Rent 1800 Unit3 Rent Actual 1765.0 Water Meter On Property

    Listing provided courtesy of Coldwell Banker West. Listing information © 2020 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
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    3525 Del Mar Heights Rd, Suite 224
    San Diego CA, 92130