Pending

7101 & 7138 Westview Place

Lemon Grove CA, 91945

$3,650,000


$174.57 per sqft

Pending

6 Beds

20,909 sqft

Commercial

Fully Remodeled 6.8% CAP Day One!! Seller Open To an AITD at 4% Interest! 7101 & 7138 Westview Place offers an investment opportunity for any investor! Originally built in 1969, the 11-unit apartment complex is located in Lemon Grove, a suburb city in San Diego County. The Westview Apartment complex consists of eight 3 Bed/2 Bath units, one 2 Bed/ 2 Bath units, and two 1 Bed/ 1 Bath units. The units are between 500- 1,300 SF and sits on two 8,000 SF lots on the same street. The properties can be bought together or separately. There is parking available for tenants on site and the property has been well maintained. There is a large common yard area that has potential to upgrade to bring additional value to tenant living.

230010355

MLS ID

June 1, 2023

Listed

February 15, 2024

Updated

Map

7101 & 7138 Westview Place
Lemon Grove CA, 91945

Interior Features

Total Stories

2


Bedrooms

6 Beds


Appliances

Dishwasher, Range, Refrigerator, Disposal


Fireplace

No


Cooling

No


Cooling Description

None


Heating

No

Exterior/Building Features

Lot Size

0.48 Acres

Other Property Details

Area Name

East County


Taxes

$55,930


Tax Frequency

Annually


Days on Market

235


Garage

No


Parking

Spaces


View

No


County

San Diego


Pool

No


Zoning

R-3


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

1/22/2024

Pending

11/28/2023

Price Change

$3,650,000

-4%

11/16/2023

Price Change

$3,800,000

-5%

9/28/2023

Price Change

$4,000,000

-3%

8/17/2023

Price Change

$4,105,000

-5%

8/7/2023

Price Change

$4,295,000

-5%

6/30/2023

Price Change

$4,475,000

-5%

Listed by JLM Real Estate Inc., Jason J Lee,
Listing Contact: 858-336-9688 

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