$147,000
$161,000
8.7%For more information regarding the value of a property, please contact us for a free consultation.
8281 Lincoln Street Lemon Grove, CA 91945
1 Bed
1 Bath
720 SqFt
Key Details
Sold Price $147,000
Property Type Single Family Home
Sub Type SingleFamilyResidence
Listing Status Sold
Purchase Type For Sale
Square Footage 720 sqft
Price per Sqft $204
Subdivision Lemon Grove
MLS Listing ID 120059155
Sold Date 01/22/13
Bedrooms 1
Full Baths 1
HOA Y/N No
Year Built 1920
Lot Size 6,198 Sqft
Property Description
Bring your contractor & your imagination to this high-potential fixer! Small older cottage needing a lot of TLC on a beautiful 6200-sf lot with mature trees in one of the nicest established neighborhoods in Lemon Grove. Big wrap-around deck with rooftop-treetop views. Dress up this tiny house as a darling mini-home, or expand it by adding a bedroom wing and/or turning the downstairs bedroom into a granny flat. Carport could morph into a garage plus RV space. Needs new everything, but what an opportunity! Excellent rehab-development opportunity. Home was well cared for over many decades by a single owner-occupant, who made some probably unpermitted alterations and, in his later years, let some deferred maintenance accumulate. Since he passed away 5 years ago, the home has been untended and poorly treated by occasional unauthorized occupants. Now it needs to be restored, repaired & updated. Not a small task, but a fun project and great profit potential. Sold absolutely as is. A great value at $161k. Home next door on smaller lot was bought for $200k, rehabbed, & sold for $308k in 6 days. Our lower price here reflects this home's more challenging condition & its probable need for added floorspace to make it competitive as a family-size SFR in the eyes of end-buyers. Main level with front entry & deck is above lower level with bedroom & carport access. Some nice features--classic stone retaining wall along driveway, tall palms & other trees, enclosed back & side yard. Other Fees: 0 Sewer: Sewer Connected Topography: LL,GSL
Location
State CA
County San Diego
Area 91945 - Lemon Grove
Zoning SFR
Rooms
Ensuite Laundry None
Interior
Interior Features BedroomonMainLevel
Laundry Location None
Heating NaturalGas
Cooling None
Fireplace No
Appliance GasWaterHeater
Laundry None
Exterior
Garage Carport, Driveway
Fence Partial
Pool None
Roof Type Composition
Porch Deck
Parking Type Carport, Driveway
Total Parking Spaces 4
Private Pool No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 5032111100
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Lease Land No
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Bought with Darren Iba • Realty Moves