1574 Skyline Drive

Lemon Grove, CA 91945

$724,000
Price
4
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Delightful attached duplex featuring a 3 bed, 1 bath unit and a 1 bed, 1 bath unit, perfect for investors or multi-generational living. Feels like a single family home. A long-term family has resided in both units for many years and would be happy to stay. The property includes a spacious backyard with a shed permits unknown. Don't miss this opportunity for steady rental income in a well-loved home.Delightful attached duplex featuring a 3 bed, 1 bath unit and a 1 bed, 1 bath unit, perfect for investors or multi-generational living. Feels like a single family home. A long-term family has resided in both units for many years and would be happy to stay. The property includes a spacious backyard with a shed permits unknown. Don't miss this opportunity for steady rental income in a well-loved home.
  1. Listed by David Andrews • DRE #01248149 • Brokerage DRE #01248149 • Invest SD

Property Details for 1574 Skyline Drive

Zoning
R2
Cross Streets
Lansing Dr
Source Living Area
404
Area
Lemon Grove (LEG)
Lot Size Area
7807
Home owner Dues
$0
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
LISTING UPDATED: 11/21/2024 10:05 AM

Property Details for 1574 Skyline Drive

StatusActive
MLS #240025472SD
Days on Market55
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size0.18 AC / 7,807 SF
CountySan Diego County

Building Information for 1574 Skyline Drive

Stories1Residences-Year Built1948Building Size-Lot Size0.18 AC / 7,807 SF

Property Information for 1574 Skyline Drive

Community / Development
Community / Development
  • Complex Name: N/a
  • Number Of Units: 2
  • Pets Allowed: Yes
  • Builders Tract Name: Lemon Grove
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 1
  • View: No
  • Security Features: None
  • Water: Other
Contract Info
Contract Info
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $20,475.00
  • Gross Scheduled Income: $31,500
  • Cap Rate: 2.73%
  • Gross Rent Multiplier: $23.78
  • Other Income1: $.00
  • Total Annual Expense: 11025
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Wall/Window
Exterior Features
Exterior Features
  • Pool: No
  • Spa: No
  • Roof: Composition
  • Fence: Partial
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional
  • Tenant Pays: Electricity, Gas/Propane, Water
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Rent: $2,625.00
  • Unit Actual Rent: $2,625.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Like Units: 1

Property History for 1574 Skyline Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1574 Skyline Drive

This home is within Grossmont Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - K to 12
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Monterey Heights Elementary School
PublicK to 6

Mount Miguel High School
Public9 to 12

Helix High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1574 Skyline Drive is a multi-family home for sale in Lemon Grove, CA 91945. This property was listed for sale on October 24, 2024 by Invest SD, it's currently listed at $724,000. This listing's school districts are Grossmont Union High School District, Lemon Grove School District. Nearby schools include Monterey Heights Elementary School, The Learning Choice Academy - East County and Mount Miguel High School. 1574 Skyline Drive is a 4-bed, 2-bath, multi-family home built in 1948.

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Listing Courtesy of Invest SD, David Andrews, DRE #01248149

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