Get the App

7508 Church Street, Lemon Grove, CA 91945

Commercial property · 2 recorded sales since 2018

7508 Church Street, Lemon Grove, CA 91945 Sold July 2024 CRMLS
$8,175,000Sold July 2024

Listing Agent: Joseph Siemienowski (DRE #00831832) · Listing Office: Siemienowski & Associates · Contact: 858-866-0750 · Bought with: Joseph Siemienowski · Siemienowski & Associates · MLS #240006068SD · Source: CRMLS

17
Units
5.54%
Cap Rate
$453,807
NOI
R-3
Zoning
Commercial property
Type

About this commercial property

See attached Marketing Package. As of May 23rd, 76% Leased. Leasing 2-3 units per week. The only "Garden Style" Brand New, 2024, Low Density Units Available in San Diego County. Large Floorplans of 10-2Bedroom/2Bath, 2-3Bedroom/2Bath, and 5-3Bedroom/2.5Bath Townhouse Units. 993 to 1,343 sq.ft. each. Revenue Producing Solar System. All Units Feature Patio Yards or Large Balconies. Stainless Steel Oven/Range, Refrigerators, Dishwashers, Microwaves and Washer/Dryers. A/C Forced Air, Quartz Counters, Community Courtyard, Rec Area, Outdoor Kitchen, Grill, Firepit and Bike Rack. Must See! Call for Private Tour. Best GRM & CAP Rate of Any Brand New Project in San Diego County!!

Listing description from the July 2024 sale, as reported to CRMLS.

Sale history

$8,175,000
Sold July 2024 · listed $8,195,000, orig. $9,495,000, on market March 2024 · MLS #240006068SD · Source: CRMLS
Listing Agent: Joseph Siemienowski · Listing Office: Siemienowski & Associates · Contact: 858-866-0750 · Bought with: Joseph Siemienowski · Siemienowski & Associates
$779,000
Sold October 2018 · listed $799,000, on market August 2018 · MLS #180047162 · Source: CRMLS
Listing Agent: Sean Howarter · Listing Office: Realty Executives All Area · Contact: 619-401-2150 · Bought with: Daniel Cote · San Diego Investment Brokers
See homes for sale in Lemon Grove Open the Nalren App

Explore Lemon Grove