3601 Hilltop Dr, Lemon Grove CA, 91945

Sold

3601 Hilltop Dr

Lemon Grove CA, 91945

$5,575,000

Sold

Commercial

Listed by Daniel Recob with SBMI Group 619-606-1137

Hilltop Apartments is an excellent value add opportunity in the up and coming neighborhood of Lemon Grove. The property features 6 stand alone buildings, each containing 4 units, nestled among mature trees and parklike landscaping with walkways throughout. Units are rented under market value due the the condition of the exterior of the building, but with some cosmetic upgrades there is a clear cut opportunity to significantly raise rents and maximize this property's earning potential. Hilltop Apartments consists of 24 townhome style apartments with a good unit mix of 2 and 3 bedrooms. The floorplans are functional and inviting with all of the common living space downstairs including a dedicated half bathroom and all of the bedrooms upstairs. Each unit is individually metered for electrical. Property features onsite income producing laundry room, maintenance storage area, and large common picnic area. Exterior: ,,

180053409

MLSⓇ ID

September 19, 2018

Listed

March 18, 2024

Updated

Map

3601 Hilltop Dr
Lemon Grove CA, 91945

Interior Features

Fireplace: No
Cooling: Yes
Cooling Description: Wall/Window Unit(s)
Heating: Yes
Heating Description: Wall Furnace

Exterior/Building Features

Roof: Composition

Other Property Details

Area Name: 91945 - Lemon Grove
Days on Market: 9
Garage: No
View: No
County: San Diego
Pool: No
Buyer Agency Compensation: 2%

Listing Contact: 619-606-1137

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/18/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/18/2024 at 6:06 PM UTC