7560 North Ave
Lemon Grove, CA 91945
Multifamily Property For Sale
·
11 Units
Property Facts
| No. Units | 11 | Lot Size | 0.28 AC |
| Property Type | Multifamily | Building Size | 5,478 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1959/2021 |
| Building Class | C | Parking Ratio | 2.37/1,000 SF |
| Zoning | C | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 5,478 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1959/2021 |
| Parking Ratio | 2.37/1,000 SF |
| Zoning | C |
Amenities
Unit Amenities
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- Walk-Up
About 7560 NORTH AVE , LEMON GROVE, CA 91945
**Seller financing available with 50% down for up to 1 year** 7560 North Ave is a fantastic 11 units apartment building in the heart of Lemon Grove. The entire property is in need of remodeling/repairs and is currently vacant. Perfect for an investor looking for a fixer without the hassle of removing tenants in accordance with new rent control laws. The upside value is overwhelming with large units, possible development opportunities and obtaining market rents immediately. Per the tax record the subject property is 11 units, but one unit may or may not be permitted. Buyer to verify all permits and building is sold "AS-IS, WHERE-IS". Financing must be cash only, seller financing or hard money loans per the condition of the property. ± 5,478 SF Low-Rise Apartment Building 9 - 1 Bedroom / 1 Bath 1 - 2 Bedroom / 2 Bath 1 - Small 1 Bedroom / 1 Bath Un-permitted Unit All Units Need Updating Fully Vacant at Time of Purchase Large Lot with Potential to Build More Units Built in 1959 13 Surface Parking Spaces: 1.2 Per Unit APN # 480-021-76
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | - |
| 2+1 | 1 | - | - |
Property Taxes
| Parcel Number | 480-021-76 | Improvements Assessment | $1,034,083 |
| Land Assessment | $669,867 | Total Assessment | $1,703,950 |
Property Taxes
