Greg Cummings San Diego Real Estate Agent - 858-206-9500
San Diego Condo ManiaMLS: NDP2500089 $825,000
3 Bedrooms with 2 Baths2828 MASSACHUSETTS AVENUE
LEMON GROVE CA 91945MLS: NDP2500089
Status: ACTIVE
List Price: $825,000
Price per SQFT: $481
Square Footage: 17163 Bedrooms
2 Baths
Year Built: 1946
Zip Code: 91945
Listing Remarks
Income-producing duplex in the heart of Lemon Grove, offering an excellent investment opportunity. The main house features 2 bedrooms and 1 bathroom, while the second unit is a 1-bedroom, 1-bathroom property currently tenant-occupied. Lease agreement details will be provided with an accepted offer. The City of Lemon Grove's planning department confirms the potential to add at least one ADU per duplex under California's new density bonus law, further enhancing this property's value. Both units include washer/dryer hookups and benefit from modern updates, such as new windows, solar (leased), stucco siding, and crawl space encapsulation. Plumbing was also replaced, and two new water heaters were installed in 2020. Set back from the street in a quiet neighborhood, the property boasts a fire pit, a charming picture window, and is situated on a large lot with no HOA. Conveniently located near schools and major freeways, this is a rare opportunity to own a versatile, income-generating property in Lemon Grove.
Address: 2828 MASSACHUSETTS AVENUE LEMON GROVE CA 91945
Listing Courtesy of REAL BROKER
Condo Mania Agent
Greg Cummings
Compass Real Estate
Team Lead CA DRE# 01464245
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Listing Details
LISTING DATE: 2025-01-03 MONTHLY HOA FEES: $113 SALES RESTRICTIONS: Standard UNITS IN COMPLEX: 2 FULL BATHROOMS: 2 HALF BATHROOMS: 0 PARKING GARAGE SPACES: 0 PARKING SPACES TOTAL: 0 EQUIPMENT: Disposal, Gas Cooking LAUNDRY LOCATION: Kitchen FLOOR NO: 1 STORIES: 1 Story STORIES IN BUILDING: 1 RESIDENTIAL STYLES: Townhome LISTING AGENT: Rene McGonigle LISTING OFFICE: Real Broker
Estimated Monthly Payments
List Price: $825,000 20% Down Payment: $165,000 Loan Amount: $660,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $4,172 Estimate does not include taxes, fees, insurance.
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Property Location: 2828 MASSACHUSETTS AVENUE LEMON GROVE CA 91945
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Condo Mania Agent
Greg Cummings
Compass Real Estate
Team Lead CA DRE# 01464245
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Last Updated: 2025-01-06