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6997-99 Mt Vernon St

Lemon Grove, CA 91945
  • $850,000
  • STATUS: ACTIVE
  • ON SITE: 11 Days
  • ID#: 220011352
UPDATED: 80 min ago
$850,000
  • 5
    BEDS
  • 0.28
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,525
    SQFT
  • $557
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:

School Ratings & Info

Description

Duplex was Completely remodeled 2 years ago, with upgraded electrical service. 6997 is 3bd/1ba and 6999 is 2bd/1ba. Tenants in 6997 will be moving out on June 1st. There are plenty of parking or room to build an ADU. Close to Shopping and schools. Separate laundry hook ups for each unit & private yards. Rent one side and live in the other. Both units are currently rented, month to month. Pictures were taken back in 2020.

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San Diego MLS logo 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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.forsalesandiego.com/homes/128569332
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6997-99 Mt Vernon St Lemon Grove, CA 91945

  • Price: $850,000
  • Status: ACTIVE
  • On Site: 11 Days
  • Updated: 80 min ago
  • ID#: 220011352
5
Beds
2
Baths
0
½ Baths
0.28
Acres
1,525
SQFT
$557
$/SQFT
1960
Built
Neighborhood:
Lemon Grove
County:
San Diego
Area:
Lemon Grove (91945)
Property Description
Duplex was Completely remodeled 2 years ago, with upgraded electrical service. 6997 is 3bd/1ba and 6999 is 2bd/1ba. Tenants in 6997 will be moving out on June 1st. There are plenty of parking or room to build an ADU. Close to Shopping and schools. Separate laundry hook ups for each unit & private yards. Rent one side and live in the other. Both units are currently rented, month to month. Pictures were taken back in 2020.
Exterior Features

Exterior Wood/Stucco Fencing Partial Irrigation N/K Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 1

Interior Features

Cooling Wall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Heat Equipment Forced Air UnitWall/Gravity Heat Source ElectricNatural Gas Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Units With Cooling 0 Units With Dishwashers 2 Units With Dryers 2 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 2 Water Heater Type ElectricGas

Property Features

Actual Cap Rate 4.4 Age Restrictions N/K Annual Expense Actual 12000 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0.0 Community Lemon Grove Complex Park Berry Street Park Cross Streets Peppermint Ln Gross Rent Multiplier Actual 5.8 Gross Scheduled Income Actual 49440 Home Owners Assoc Fee Includes N/K Home Owners Fees 0.0 Mandatory Remarks None Known Market Area East County Monthly Total Fees 0 Net Operating Income Projected 43200 Other Fees 0.0 Other Income Actual 0 Pets Yes Projected Cap Rate 5.0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays ElectricityGas/PropaneHot Water Terms CashConventionalFhaVa Unit Number For Unit1 6997 Unit Number For Unit2 6999 Unit1 Deposit 2200 Unit1 Occupied Tenant Unit1 Projected Rent 2500.0 Unit1 Rent Actual 2200.0 Unit2 Deposit 1850 Unit2 Occupied Tenant Unit2 Projected Rent 2200.0 Unit2 Rent Actual 1920.0 Water AvailableMeter On Property

San Diego MLS logo Listing provided courtesy of Woodman Real Estate & Inv.. Listing information © 2022 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo 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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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Yarbrough Group
2445 Truxtun Rd., Ste 108
San Diego CA, 92106