7101-7138 Westview Place

Lemon Grove, CA 91945

$3,650,000
Price
6
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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.
  1. Listed by Jason J Lee • DRE #02068011 • Brokerage DRE #02168226 • JLM Real Estate Inc.

Property Details for 7101-7138 Westview Place

City Postal ID
LEMON GROVE (91945)

Location

Listing Courtesy of JLM Real Estate Inc., Jason J Lee, DRE #02068011
Add your commute
LISTING UPDATED: 01/22/2024 12:00 PM

Property Details for 7101-7138 Westview Place

StatusPending
MLS #230010355
Days on Market235
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial-Res Income
Year Built-
Lot Size0.48 AC / 20,908 SF
CountySan Diego County

Location

Listing Courtesy of JLM Real Estate Inc., Jason J Lee, DRE #02068011
Add your commute

Building Information for 7101-7138 Westview Place

Stories-Residences-Year Built-Building Size-Lot Size0.48 AC / 20,908 SF

Payment Calculator

$19,920 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,920

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7101-7138 Westview Place

Summary Information
Property and Location
  • System ID: 230010355
  • Class: COMMERCIAL-RES INCOME
  • Street Number Numeric: 7101
  • Street Name: Westview Place
  • Market Area: East County
Interior and Exterior Features
Interior Features
  • Num of Units w/Dishwashers: 11
Property Information
Property and Assessments
  • Entry Only: No
  • Lot Size: .75 through 1.5 Acres
  • Zoning: R-3
  • Assessors Parcel Num: 479-110-14-00, 479-1
Multi Family Information
Unit 1
  • Unit Furnished: 0
  • Unit Rent: $2,600-$3,000
  • Unit Rent Total: $22,070
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Number of Bathrooms: 2
Unit 2
  • Unit Furnished: 0
  • Unit Rent: $2,100
  • Unit Rent Total: $2,100
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Number of Bathrooms: 2
Unit 3
  • Unit Furnished: 0
  • Unit Rent: $1,600
  • Unit Rent Total: $3,200
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Number of Bathrooms: 1
Building Details
  • Age: 1965
  • Construction: Stucco
  • Have: Property
  • Motive/Want: Sell
  • Parking: Spaces
  • SqFt of Improvement: 0
  • Tenant Pays Electric: Y
  • Tenant Pays Gas: Y
  • Tenant Pays Water: Y

Property History for 7101-7138 Westview Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 7101-7138 Westview Place

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.

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Listing Courtesy of JLM Real Estate Inc., Jason J Lee, DRE #02068011

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