7573 Mt Vernon Lemon Grove, CA $ 875,000
7573 Mt Vernon
$ 875,000
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7573 Mt Vernon

Lemon Grove, CA, 91945
$ 875,000
Baths2.0 Sq 1,920

Monthly Estimate*

$ 5,388

Listed by Vista Sotheby’s International Realty
7573 Mt Vernon, Lemon Grove, CA 91945 - Image 1
7573 Mt Vernon, Lemon Grove, CA 91945 - Image 2
7573 Mt Vernon, Lemon Grove, CA 91945 - Image 3
7573 Mt Vernon, Lemon Grove, CA 91945 - Image 4
7573 Mt Vernon, Lemon Grove, CA 91945 - Image 5
7573 Mt Vernon, Lemon Grove, CA 91945 - Image 6
Studio

Multi-Family Home for sale in Lemon Grove, CA

for $875,000 with 2 full baths. This 1,920 square foot home was built in 1960 on a lot size of 0.18.

Well-maintained duplex located in Lemon Grove, offering a strong unit mix of two spacious 3-bedroom, 1.5-bath units, each approximately 1,000 square feet. The lower unit has been recently renovated and includes washer and dryer hookups, while the upper unit remains in original condition, featuring a private patio and its own washer and dryer hookups—providing clear upside potential Situated on a large triangle shaped lot, the property offers potential for additional development, including ADU possibilities (buyer to verify all information and conduct their own due diligence; seller makes no guarantees). Conveniently positioned in a residential neighborhood with close proximity to public transportation, schools, shopping, and easy access to the 94 freeway, making it attractive to tenants and commuters alike. This is an excellent opportunity for investors seeking stable income with value-add potential.

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Multi-Family Active

Price

$ 875,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.18

Year Built

1960

Town/City

Lemon Grove

County/Region

San Diego

MLS | Web ID

SB26085299

Days on Market

10

Features
General
Sewer Public Sewer
Heating Wall Furnace
Zoning R2
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1960
Tenant Pays Electricity Gas
Stories Count 2
Levels Two
Property Subtype Duplex
Gross Income 64680
Community Features Valley
County San Diego
Net Operating Income 45554
Operating Expense 16872
Insurance Expense 1200
New Construction false
Property Type Residential Income
HOA false
Subdivision Name Lemon Grove
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions CrossStreet: Main Street
City Lemon Grove
Entry Location 1
Senior Community Y/N false
Number Of Units Total 2
MLS Area 91945 - Lemon Grove
Lot Size Units Square Feet
Lot Size Square Feet 7841
Number of Units Leased 2
Listing Terms 1031 Exchange
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 2000
Water Sewer Expense 2986
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 44
Total Actual Rent 5390
Property Sub Type Additional Duplex
Taxes 10500
Cap Rate 5.21
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Interior
Total Stories 2
Common Walls 1 Common Wall
Heating Y/N true
Laundry Features Washer Hookup
Entry Level 1
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Exterior
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 0
Lot Size Area 7841
Number of Buildings 1
Spa false
Building Area Total 1920
Lot Size Acres 0.18
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
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* Excluded Features
List By
Vista Sotheby’S International Realty

Broker

tonyrogondino@gmail.com

Email

Affordability Calculator

$5,388
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Monthly Principal & Interest
$5,388
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/24/2026$875,000 Listed Price

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7573 Mt Vernon, Lemon Grove, CA, 91945 is a Multi-Family Home for sale at $875,000 with 1,920 sqft and a lot size of 0.18. 7573 Mt Vernon is a studio with 2.0 baths and was built in 1960. The property's zip code is 91945 which is in Lemon Grove, CA