7525 Pacific Avenue, Lemon Grove, CA 91945

$2,999,000
List Price
$2,999,000
Price Change
▼ $201,000 1620261600
Status
ACTIVE
MLS#
210009775
Lot Size
18,741
Days on Market
42
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

7525 Pacific Avenue is a large 12 unit apartment building featuring 8 spacious 2 bed / 2 bath single-level units and four 2 bed / 1.5 bath townhome units. The two story 13,800 square foot structure built in the 1970s sits on a 18,741 square foot lot with 18 parking spaces. Several units feature dens and computer rooms as well as large patios. The units have dishwashers, private balconies, and A/C units. One unit has private laundry hook ups. There is a common laundry room with one washer and one dryer. The units have white cabinets with brushed nickel fixtures, ceramic tile and carpeted floors as well as bookshelves and storage in unit. The property features newer asphalt and landscaping as well as significant upside in rents. DO NOT DISTURB TENANTS OR WALK ON PROPERTY.

Additional Information

Number Of Units Total
12
Gross Scheduled Income
$216,780
Operating Expense
79884

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Benn Vogelsang from South Coast Commercial, Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.