7010-7040 Casa Lane

Lemon Grove, CA 91945

$9,050,000
Last Sold Price
4
Beds
3.5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Casa Lane Townhomes is a residential community unlike any other multifamily asset on the market. The 30 townhome, condominium community represents a high quality, upgraded, turn-key opportunity. Three freestanding structures are connected by mature tree-lined walkways, verdant courtyards, luxurious swimming pool and enjoy easy access to ample, gated parking. The units themselves feature private outdoor yards and patios, spacious two-story layouts, views, new dual-pane windows, new mini-split air...Casa Lane Townhomes is a residential community unlike any other multifamily asset on the market. The 30 townhome, condominium community represents a high quality, upgraded, turn-key opportunity. Three freestanding structures are connected by mature tree-lined walkways, verdant courtyards, luxurious swimming pool and enjoy easy access to ample, gated parking. The units themselves feature private outdoor yards and patios, spacious two-story layouts, views, new dual-pane windows, new mini-split air conditioning units, skylights, newly renovated building systems including stucco, windows, roofs, and a residential community atmosphere. Additional opportunities exist to add two additional units through a straightforward conversion of existing plumbed/wired space into accessory dwelling units and also increase nonrental revenue.
  1. Listed by John C Newton • DRE #01887541 • CBRE

Property Details for 7010-7040 Casa Lane

City Postal ID
LEMON GROVE (91945)

Location

Listing Courtesy of CBRE, John C Newton, DRE #01887541

Sold By SANDICOR, Inc., Cristina Munteanu, DRE #01186737

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LISTING UPDATED: 06/08/2021 02:39 PM

Property Details for 7010-7040 Casa Lane

StatusSold
MLS #210002161
Days on Market105
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial-Res Income
Year Built-
Lot Size-
CountySan Diego County

Location

Listing Courtesy of CBRE, John C Newton, DRE #01887541

Sold By SANDICOR, Inc., Cristina Munteanu, DRE #01186737

Add your commute

Virtual Tour

Payment Calculator

$49,390 per month

30 year fixed, 7.25% Interest

Principal and Interest

$49,390

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7010-7040 Casa Lane

Summary Information
Property and Location
  • System ID: 210002161
  • Class: COMMERCIAL-RES INCOME
  • Street Number Numeric: 7010
  • Street Name: Casa Lane
  • Market Area: East County
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Property Information
Property and Assessments
  • Entry Only: No
  • Assessors Parcel Num: 479-130-50-01
Multi Family Information
Unit 1
  • Unit Rent: 1947
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Number of Bathrooms: 2
Unit 2
  • Unit Rent: 2059
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Number of Bathrooms: 2
Building Details
  • Have: Units
  • Motive/Want: Cash out
  • SqFt of Improvement: 25,740

Property History for 7010-7040 Casa Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 7010-7040 Casa Lane

This home is within Grossmont Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 9 to 12
Charter - 9 to 12
Public - 11 to 12
Rating
School
Distance
San Miguel Elementary School
PublicK to 6

Mount Miguel High School
Public9 to 12

Helix High School
Charter9 to 12

Grossmont Middle College High School
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of CBRE, John C Newton, DRE #01887541

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