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2555 Crestline Drive

Lemon Grove, CA 91945
  • $2,800,000
  • STATUS: Active
  • ON SITE: 8 Days
  • ID#: 230022786SD
UPDATED: 20 min ago
$2,800,000
  • 0
    BEDS
  • 0.66
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing Agent(s): Benn Vogelsang of Northmarq Multifamily (858-675-7865)


Description

2555-71 Crestline Drive is a commercial property located in a quiet residential neighborhood in Lemon Grove with 16 units situated on a 28,749 square foot lot. The 3 residential structures total 5,836 square feet including one 2 Bedroom / 1 Bath, two 1 Bedroom / 1 Baths, two studios, and eleven SRO units. There are additional large, detached storage units. The main structure has large common areas including the shared kitchen, a TV/living area, and patio space. The SRO units are located at different wings of the structure and the pods have a bathroom for each grouping of SROs for a total of 3 shared bathrooms. Five of the units are sub-metered for electric and there is solar on the property. One unit is sub-metered for water. The property has ample parking, some of which is covered. There is onsite laundry and internet provided to tenants.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-29T22:29:42.277. 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 deemed reliable but is not guaranteed accurate by the MLS or The Nelson Team | American Home Realty. Licensed in the State of California, USA.
www.nelsonteamrealestate.com/homes/145404963
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2555 Crestline Drive Lemon Grove, CA 91945

  • Price: $2,800,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 20 min ago
  • ID#: 230022786SD
0
Beds
0
Baths
0
½ Baths
0.66
Acres
Neighborhood:
91945 - Lemon Grove
County:
San Diego
Area:
91945 - Lemon Grove
Property Description
2555-71 Crestline Drive is a commercial property located in a quiet residential neighborhood in Lemon Grove with 16 units situated on a 28,749 square foot lot. The 3 residential structures total 5,836 square feet including one 2 Bedroom / 1 Bath, two 1 Bedroom / 1 Baths, two studios, and eleven SRO units. There are additional large, detached storage units. The main structure has large common areas including the shared kitchen, a TV/living area, and patio space. The SRO units are located at different wings of the structure and the pods have a bathroom for each grouping of SROs for a total of 3 shared bathrooms. Five of the units are sub-metered for electric and there is solar on the property. One unit is sub-metered for water. The property has ample parking, some of which is covered. There is onsite laundry and internet provided to tenants.
Exterior Features

Parking Total 0

Interior Features

Cooling YN Yes Heating YN No

Property Features

Association Fee 0 Cap Rate 4.41 Gross Scheduled Income 223032 Listing Agreement Exclusive Right To Sell Net Operating Income 123425 Operating Expense 92916 Property Sub Type Mixed Use



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-11-29T22:29:42.277. 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 deemed reliable but is not guaranteed accurate by the MLS or The Nelson Team | American Home Realty. Licensed in the State of California, USA.
 
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The Nelson Team | American Home Realty
10 Via Del Tesoro
San Clemente CA, 92673
Listing Agent(s): Benn Vogelsang of Northmarq Multifamily (858-675-7865)