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 2025-11-21 09:18:42.000000. Listing information © 2025 CRMLS.
The Lineup
1953 San Elijo Ave., Suite 100
Cardiff-by-the-Sea, CA 92007
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858.775.6678
COMPASS IS A LICENSED REAL ESTATE BROKER LICENSED BY THE STATE OF CALIFORNIA AND ABIDES BY THE EQUAL HOUSING OPPORTUNITY LAWS. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATIONAL PURPOSES ONLY. INFORMATION IS COMPILED FROM SOURCES DEEMED RELIABLE BUT IS SUBJECT TO ERRORS, OMISSIONS, CHANGES IN PRICE, CONDITION, SALE, OR WITHDRAWAL WITHOUT NOTICE. NO STATEMENT IS MADE AS TO THE ACCURACY OF ANY DESCRIPTION. ALL MEASUREMENTS AND SQUARE FOOTAGES ARE APPROXIMATE. THIS IS NOT INTENDED TO SOLICIT PROPERTY ALREADY LISTED. NOTHING HEREIN SHALL BE CONSTRUED AS LEGAL, ACCOUNTING, OR OTHER PROFESSIONAL ADVICE OUTSIDE THE REALM OF REAL ESTATE BROKERAGE.
Based on information from California Regional Multiple Listing Service, Inc., as of [date the AOR/MLS data was obtained] and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by the broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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