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2820-2832 Massachusetts Ave
Lemon Grove, CA 91945
Massachusetts Duplexes · Multifamily Property For Sale · 8 Units

PROPERTY FACTS

No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Building Class C
Lot Size 0.96 AC
Building Size 8,436 SF
No. Stories 1
Year Built 1976
Parking Ratio 0.95/1,000 SF
Zoning Multi-Family

ABOUT 2820-2832 MASSACHUSETTS AVE , LEMON GROVE, CA 91945

Four Duplexes each with a separate APN number. Looking for one buyer for all. Four - 3 Bedroom/2 Bath Units, 1190 Square Feet Each with private yards and attached garages. Two - 2 Bedroom/2 Bath Units, 980 Square Feet Each with private yards and 2 onsite parking spaces for each unit. One - 2 Bedroom/1 Bath Unit approximately 850 Square Feet with private yard and 2 onsite parking spaces. One - 1 Bedroom/1 Bath Unit with approximately 850 a private yard and 2 onsite parking spaces. Gross yearly income approximately $140,000.00, CAP Rate of 5.4% with 13 GRM. Complex is 100% leased.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 479-260-24
  • 479-260-23
  • 479-260-21
  • 479-260-22
Land Assessment
$1,923,967
Improvements Assessment
$1,312,632
Total Assessment
$3,236,599
  • Listing ID: 14077808

  • Date on Market: 10/15/2018

  • Last Updated:

  • Address: 2820-2832 Massachusetts Ave, Lemon Grove, CA 91945

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