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1532-36 Madera St
Lemon Grove, CA 91945

$850,000 USD

Apartments For Sale  •  1,500 SF

Property Details

  • Property Type Apartments
  • Total Building Size 1,500 SF
  • Lot Size 0.26 AC
  • Year Built 1970
  • Cap Rate 4.40 %
  • Zoning R-2: Minor Multiple
41 Transit Score
20 Walk Score

Highlights

RENOVATED: 2024, updated bathroom, kitchen, new fixtures
LARGE DUPLEX: Two 750 SF 2-bedroom, 1-Bathroom Units. Heat and AC
SPACIOUS LOT: 11,435 SqFt, with large gated backyards with covered patios

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $36,486 USD (2024)
Cap Rate: 4.40 %
Total Expenses: $22,680 USD

Amenities

  • Air Conditioning
  • Fenced Lot
  • Washer/Dryer Hookup
  • Ceiling Fans

Public Transportation

Commuter RailDriveWalkDistance
San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 13 min - 8.3 mi
Transit/SubwayDriveWalkDistance
Massachusetts Avenue (Orange Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley)) 3 min 20 min 1.1 mi
AirportDriveWalkDistance
San Diego International 17 min - 10.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Mike Biddick 858-245-5848 Cushman & Wakefield
Mike Biddick 858-245-5848 Cushman & Wakefield