Leave a Message

Thank you for your message. We will be in touch with you shortly.

See all photos
Courtesy of Compass
Twana Rasoul
Patrick Kappel

2609-11 Nina Road

$999,000 2609-11 Nina Road, Lemon Grove, CA 91945
Two detached homes on one lot in a quiet Lemon Grove cul-de-sac. Front home is 3 bed, 1.5 bath, approx 1,100 SF. Back home is 2 bed, 1 bath, approx 774 SF. Each has its own gas and electric meter and its own single-car garage, so you get two independent tenancies with minimal overlap. At current rents the property pencils at a 5.8% cap rate, based on what the units bring in today rather than projected increases. Strong fit for an investor wanting long-term value with cash flow in place from day one, or for a buyer looking to occupy one home and let the second unit cover a portion of the mortgage. Detached units command more than a standard duplex and tend to hold tenants longer with cleaner turnovers. Detached 2-on-1 lots don't come up often in Lemon Grove.
  • For Sale
    Status
  • 5
    Bedrooms
  • 3
    Bathrooms
  • 1958
    Year Built
  • 1,874 Sq.Ft.
    Living Area

Features & Amenities

Area & Lot

  • Status: For Sale
  • Living Space: 1,874 Sq.Ft.
  • Total Area: 1,874 Sq.Ft.
  • MLS® ID: 260019237
  • Type: Multi-Family
  • Year Built: 1958

Interior

  • Total Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior & Building

  • Stories: 1
  • Roof: Composition
  • Air Conditioning: Wall/Window
  • Security Features: N/K

Financial

  • Sales Price: $999,000

2609-11 Nina Road

Work With Us

Veteran owned and operated, the Kappel Realty Group is a team of Realtors focused on educating and assisting real estate buyers and sellers in the San Diego region. Nearly all of our agents have advanced degrees and master’s degrees in real estate or finance and half our agents are military veterans.
Contact Us
Follow Us