Property Detail

Description

ATTENTION INVESTORS. RARE INVESTMENT OPPORTUNITY! As-is Sale, Owner had obtained permits to build & complete 10 ADU Style Bedroom/Efficiency style units with 7 bathrooms. BRING ALL OFFERS, INCLDG. CO-INVESTMENT OPPORTUNITIES. HOUSE IS IN THE PROCESS OF RENOVATION, STRIPPED DOWN TO STUDS. ARCHITECTURAL CONSTRUCTION DRAWINGS WITH CITY PERMITS - In process of being renewed. This Large house is in construction process w/10 bedrooms, 7 bathrooms, centrally located in Lemon Grove, on a flat corner lot, surrounded by trees and bushes. There is a parking lot in front of the property and a peaceful, private yard in the back. The property is in walking distance to grocery, shopping, restaurants, public transportation and offices. The house is being rebuilt after a fire. The buyer can decide on finishing touches according to their taste and standard. This is a residential income rental property, which could be used for independent living facility, or Airbnb; ideal investment for owner/manager... Rooms previously were rented individually bringing nice income. Proforma gross monthly income based on the past history - over $10K w/conservative rent. Buyer to verify all herein w/appropriate City/County Building Dept's. One Owner is Lic RE Agent. IMMEDIATE SALE NEEDED! BRING ALL OFFERS...