$1,527,500
$1,590,000
3.9%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 04/20/2020
Key Details
Sold Price $1,527,500
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 200014129
Sold Date 04/20/20
HOA Y/N No
Property Description
**Seller financing available with 50% down for up to 1 year with interest only payments** 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 or hard money loans per the condition of the property.
Location
State CA
County San Diego
Area 91945 - Lemon Grove
Interior
Fireplace No
Others
Tax ID 4800217600
Financing Other
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Bought with Weston Card • Pacific Coast Commercial
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
310 Third Ave Suite # C-3, Chula Vista, California, 91910, United States