7 Beds

4 Baths

3,066 SqFt

Active

Rare opportunity to own a fully leased Senior Independent Living Facility (no license required) with $81,297 in Net Income. This is one of 8 available Senior Living properties in San Diego County & can be sold separately from the portfolio at $799,500 (10.2% Cap Rate). Bulk portfolio price is $6.835M (9.4% Cap Rate) which includes 8 single-family homes, business & systems with access to $3.5M in Assumable financing. The portfolio generated $824,495 Gross Income & $645,651 in Net Operating Income in 2018 Neighborhoods: Lemon Grove Other Fees: 0

Property Details
Price $769,500
Bedrooms 7
Full Baths 4
Total Baths 4
Lot Size Area 9770
Lot Size Area Units Square Feet
Acres 0.22
Property Type Residential
Sub Type SingleFamilyResidence
Stories 1
Year Built 1958
Subdivision Lemon Grove
Roof See Remarks
Heating See Remarks
Laundry Features See Remarks
Pool features See Remarks
Parking Description Concrete,Other
Geographic Data
Directions Cross Street: Palm.
County San Diego
Latitude 32.733507
Longitude -117.025828
Address Information
Address 2545 Crestline Dr, Lemon Grove, CA 91945
Postal Code 91945
City Lemon Grove
State CA
Country United States
Listing Information
Listing Office The Local Realty Inc.
Listing Agent Patrick Hale
MLS Information
Days on market 36
MLS Status Active
Listing Date Oct 13, 2019
Listing Last Modified Nov 18, 2019
Tax ID 4805730100
MLS # 190056351

This information is believed to be accurate, but without any warranty.