$999,900
FOR SALE1862 Washington
Lemon Grove, Ca, 91945
MLS #260009226SD
Subdivision: Lemon Grove
Building: -
4 Beds
3/- Baths
1922 sqft
$ 520.24 /sqft
Beautifully remodeled 3 bed, 2 bath home (1,330 sq ft) PLUS an attached 1 bed, 1 bath ADU (592 sq ft) with private entrance and washer/dryer hookups, ideal for immediate rental income or multigenerational living. Beyond the remodeled home and ADU, this is a rare value-add opportunity, situated on a fully fenced, mostly flat ~0.45 acre lot with gated rear access from Sarawak Dr, the property offers exceptional usability with ample space for additional parking, RVs, boats, work vehicles, or future development. Strong upside potential with the possibility of a lot split under SB-9. A hypothetical land value appraisal has been completed for the rear portion of the lot (9,801 sq ft) at an estimated value of $295,000 (see attached), and supports future residential use as a potential highest and best use (buyer to verify all development possibilities, zoning, lot split feasibility, permits, and requirements with the City of Lemon Grove). The property combines a turnkey primary residence with immediate income potential and longer-term flexibility, all within a centrally located neighborhood with convenient access to freeways, shopping, and dining.
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Listing Courtesy of: Beach City Brokers Inc
