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Rare value-add opportunity in Lemon Grove featuring a beautifully remodeled 3 bed, 2 bath home (1,330 sq ft) PLUS an attached 1 bed, 1 bath ADU (592 sq ft) with private entrance and washer/dryer hookups, ideal for immediate rental income or multigenerational living. Situated on a fully fenced, mostly flat ~0.45 acre lot with gated rear access from Sarawak Dr, the property offers exceptional usability with ample space for additional parking, RVs, boats, work vehicles, or future development. Strong upside potential with the possibility of a lot split under SB-9. A hypothetical land value appraisal has been completed for the rear portion of the lot (9,801 sq ft) at $295,000 (see attached), providing a compelling data point for investors evaluating the opportunity. Opportunities like this, combining existing income, excess land, and future development potential are increasingly rare.
| 4 hours ago | Listing updated with changes from the MLS® | |
| 4 hours ago | Listing first seen on site |
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