Lemon Grove, CA 91945,7101 & 7138 Westview Place
Lemon Grove, CA 91945,7101 & 7138 Westview Place
Lemon Grove, CA 91945,7101 & 7138 Westview Place
Lemon Grove, CA 91945,7101 & 7138 Westview Place
Lemon Grove, CA 91945,7101 & 7138 Westview Place
Lemon Grove, CA 91945,7101 & 7138 Westview Place
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$3,400,000

$3,650,000

6.8%
Est.Price: ?

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Est. payment /mo

8,302 Sqft Lot


SOLD DATE : 04/18/2024

Key Details

Sold Price $3,400,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 230010355

Sold Date 04/18/24

Lot Size 8,302 Sqft

Acres 0.48

Property Description

Fully Remodeled 6.8% CAP Day One!! Seller Open To an AITD at 4% Interest! 7101 & 7138 Westview Place offers an investment opportunity for any investor! Originally built in 1969, the 11-unit apartment complex is located in Lemon Grove, a suburb city in San Diego County. The Westview Apartment complex consists of eight 3 Bed/2 Bath units, one 2 Bed/ 2 Bath units, and two 1 Bed/ 1 Bath units. The units are between 500- 1,300 SF and sits on two 8,000 SF lots on the same street. The properties can be bought together or separately. There is parking available for tenants on site and the property has been well maintained. There is a large common yard area that has potential to upgrade to bring additional value to tenant living.

Location

State CA

County San Diego

Area Lemon Grove (91945)

Zoning R-3

Interior

Cooling None

Exterior

Garage Spaces

Building

Story 2

Lot Size Range .75 through 1.5 Acres

Others

Space Rent $340,440

Financing Cash to New Loan

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San Diego Regional MLS (SDMLS)
Listed by Jason J Lee • JLM Real Estate Inc.
Bought with Kyle Connor • JLM Real Estate Inc.
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