OUR AGENTS' LISTINGS

2831 Crane St
East County Lemon Grove 91945

$899,000
2-4 Units 14,853 sq. ft. built: 1961

Main Photo: LEMON GROVE Property for sale: 2831 Crane St
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Status:
Active
Prop. Type:
2-4 Units
MLS® Num:
230008644
Year Built:
1961
Welcome to this beautifully remodeled duplex in the charming Lemon Grove community. This property includes two spacious 2 bedroom and 1 bathroom units, each with its own parking space and expansive backyard. Over 200k spent on upgrades to this home. This stunning duplex has been completely remodeled from top to bottom, featuring brand new paint, flooring, appliances, AC/heating, and a brand new sewer line. With the city's approval, the garage has been approved by the city to build a separate unit/ ADU, offering additional space and rental income potential. The property is currently occupied by excellent tenants, making this an ideal opportunity for investors seeking a turn-key income-generating property. Don't miss this incredible opportunity to own a beautifully renovated duplex with great rental potential in a sought-after Lemon Grove community.
Total Floor Area:
14,853 sq. ft.
Lot Size:
E).25TO.5A
Lot Size:
14,810.4 sq. ft.
Number of Buildings:
1
Number of Units:
2
Year Built:
1961
Stories:
1 Story
Total Stories:
1
Market Area:
East County
Community:
LEMON GROVE
County:
San Diego
Neighborhood Code:
Lemon Grove
Name of Complex/Subdivision:
Crane St
Mello Roos Fee:
0.0
Monthly Total Fees:
0.0
Other Fees:
0.0
Tenant pays:
Water, Cable TV, Electricity, Gas/Propane
Other income:
0
Annual expense actual:
6000
Cap Rate.:
6.8
Gross Rent Multiplier:
14.6
Gross scheduled income:
63600
Bedrooms for Unit 1:
2
Number of bathrooms for Unit 1:
1
Full Bathrooms for Unit 1:
1
Half Bathrooms for Unit 1:
0
Deposit for Unit 1:
2650.0
Total Rent for Unit 1:
2650.0
Unit 1 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 1:
Yes
Bedrooms for Unit 2:
2
Number of bathrooms for Unit 2:
1
Full Bathrooms for Unit 2:
1
Half Bathrooms for Unit 2:
0
Deposit for Unit 2:
2650.0
Total Rent for Unit 2:
2650.0
Unit 2 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 2:
Yes
Number of bathrooms for Unit 3:
0
Number of bathrooms for Unit 4:
0
Golden Ave
Exterior Features:
Stucco
Cooling:
Central Forced Air
Number of Units with Cooling:
2
Number of Units with Dishwashers:
2
Number of Units with Dryers:
2
Number of Units with Fireplaces:
0
Number of Furnished Units:
0
Number of Units with Garages:
1
Number of Units with Patios:
2
Number of Units with Range/Oven:
2
Number of Units with Refrigerators:
2
Number of Units with Washers:
2
Roof:
Other/Remarks
Security:
N/K
Fencing:
Full
Short Sale:
No
Listing Type:
Exclusive Agency (A)
Age Restrictions:
N/K
Sales Restrictions:
N/K
Terms:
Cash, Conventional, FHA, VA
Parcel Number:
503-243-31-00
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Data was last updated June 9, 2023 at 01:10 PM (UTC)
Area Statistics
Listings on market:
48
Avg list price:
$949,995
Min list price:
$630,000
Max list price:
$1,899,000
Avg days on market:
63
Min days on market:
1
Max days on market:
2,892
Avg price per sq.ft.:
$94.82
These statistics are generated based on the current listing's property type and located in East County. Average values are derived using median calculations.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego Multiple Listing Service, Inc.