7001 Mt Vernon Street

Lemon Grove, CA 91945

$950,000
Price
5
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Don’t miss the opportunity to own this renovated duplex in Lemon Grove. 7001 is a 2 bed 1 bathroom unit and 7003 is a 3 bed 1 bathroom unit. This 1,525 sq ft duplex has been fully renovated with nothing left to spare. All new electrical throughout both units. Brand new flooring, fresh paint, and new stainless steel appliances. Both bathrooms have new tile, shower doors and fixtures. Each unit has new tankless water heaters and brand new plumbing for kitchens and bathrooms. Washer/dryer in each...Don’t miss the opportunity to own this renovated duplex in Lemon Grove. 7001 is a 2 bed 1 bathroom unit and 7003 is a 3 bed 1 bathroom unit. This 1,525 sq ft duplex has been fully renovated with nothing left to spare. All new electrical throughout both units. Brand new flooring, fresh paint, and new stainless steel appliances. Both bathrooms have new tile, shower doors and fixtures. Each unit has new tankless water heaters and brand new plumbing for kitchens and bathrooms. Washer/dryer in each unit. A/C for those hot days! Sits on a large 10,115 sq ft lot with plenty of parking and the potential to build an ADU. This property will be an outstanding addition to an investor’s portfolio. Listing agent has ownership in property.
  1. Listed by Anthony Burman • DRE #01951375 • Brokerage DRE #01476724 • PROPR Real Estate Inc.

Property Details for 7001 Mt Vernon Street

Cross Streets
Peppermint Lane
Area
Lemon Grove (LEG)
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly
Assessor Parcel Number
220022206
LISTING UPDATED: 11/19/2024 11:12 AM

Property Details for 7001 Mt Vernon Street

StatusActive
MLS #240022291SD
Days on Market62
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1960
Lot Size-
CountySan Diego County

Building Information for 7001 Mt Vernon Street

Stories1Residences-Year Built1960Building Size-Lot Size-

Property Information for 7001 Mt Vernon Street

Community / Development
Community / Development
  • Complex Name: Broadway Heights
  • Number Of Units: 2
  • Builders Tract Name: Broadway Heights
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 1
  • View: No
  • Security Features: None
Contract Info
Contract Info
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $52,200.00
  • Gross Scheduled Income: $73,200
  • Cap Rate: 5.81%
  • Gross Rent Multiplier: $12.98
  • Other Income1: $.00
  • Total Annual Expense: 18000
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: None
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional, Exchange, VA
  • Tenant Pays: Electricity, Gas/Propane

Property History for 7001 Mt Vernon Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 7001 Mt Vernon Street

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
San Altos 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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7001 Mt Vernon Street is a multi-family home for sale in Lemon Grove, CA 91945. This property was listed for sale on September 19, 2024 by PROPR Real Estate Inc., it's currently listed at $950,000. It has been on the market for a total of 62 days and was last sold on December 2, 2021. This listing's school districts are Grossmont Union High School District, Lemon Grove School District. Nearby schools include San Altos Elementary School, The Learning Choice Academy - East County and Mount Miguel High School. 7001 Mt Vernon Street is a 5-bed, 2-bath, multi-family home built in 1960.

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Listing Courtesy of PROPR Real Estate Inc., Anthony Burman, DRE #01951375

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