
Lemon Grove, California 91945
This Versatile Multigenerational Property is a High-Potential Investment Opportunity, listed at $787,000—positioned well below the $825,000 Fair Market Value by 4%. This valuation gap offers $38,000 in Instant Equity. Featuring a Condition Rating of 3, the home includes renovated bathrooms and a massive 17,500 sqft lot with ADU conversion potential and RV parking. With panoramic hillside views, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking income-producing flexibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1305 Bakersfield Subject | $787,000* List Price | 2 | 2 | 1,465 | $563 | - |
A 7978 Canton Sold | $826,250 | 3 | 2 | 1,475 | $560 | 0.7 mi |
B 1511 Primera Street Sold | $780,000 | 3 | 2 | 1,225 | $637 | 0.9 mi |
C 1628 La Corta Sold | $721,700 | 3 | 2 | 1,225 | $589 | 0.7 mi |
D 1701 Dayton Dr. Sold | $770,000 | 3 | 2 | 1,701 | $453 | 0.5 mi |
E 1448 Patero Court Sold | $829,000 | 3 | 2 | 1,225 | $677 | 0.8 mi |
F 1537 Drexel Dr. Active | $789,000 List Price | 3 | 2 | 1,596 | $494 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1949, the property is move-in ready with significant updates. It features two fully renovated, modern bathrooms and newer flooring throughout. While the kitchen has updated appliances and a modern backsplash, the cabinetry remains dated, and the 75-year-old structure prevents an 'Excellent' rating despite the high level of maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17500, living area = 1465.
The massive 17,500 sqft lot includes a detached two-car garage ideal for ADU conversion and dedicated RV parking with full utility hookups, offering significant rental income or value-add opportunities.
Situated on a scenic hillside, the property offers exceptional mountain, valley, and city light views, providing a premium sense of privacy and aesthetic appeal rarely found at this price point.
Despite having nearly 1,500 square feet of living space, the home only offers two bedrooms, which may limit its appeal to larger families or buyers requiring a standard three-bedroom configuration.
The assigned public schools for this address have relatively low ratings (3-4 out of 10), which could be a drawback for families prioritizing education and may impact future resale velocity.
Perched atop a scenic hillside in one of Lemon Grove's most desirable neighborhoods, this beautifully updated home offers breathtaking mountain, valley, and city views. Situated on nearly half an acre, this unique property combines privacy, flexibility, and income-producing potential. Inside, you'll find stylish upgrades throughout, including newer flooring in the main living areas and two custom-designed, fully renovated bathrooms. The spacious primary suite serves as a private retreat, featuring an oversized bedroom, luxurious bath, and separate entrance—ideal for multigenerational living, guests, or a home office. The expansive lot provides exceptional versatility and future potential. A detached two-car garage offers possibilities for an ADU conversion, workshop, studio, or additional storage. The property also features dedicated RV parking with a separate entrance and full water, sewer, and electrical hookups, creating additional income-producing opportunities or space for recreational vehicles. Outdoor living is equally impressive. The front yard and side patio areas are designed for entertaining and relaxation, with ample space for gatherings, outdoor dining, gardening, or future enhancements. There is also room to add a pool, spa, or additional outdoor amenities while enjoying the property's spectacular views. Additional highlights include abundant parking, move-in-ready condition, modern updates throughout, and a prime location close to shopping, dining, schools, parks, and major commuter routes. Its a beautiful family home, Possibly multigenerational Property
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades 9-12 • 1.1 mi
Grades 9-12 • 7.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,465 | 1,404.5 |
| Lot Size | 17,500 | 7,650 |
| Price | $787.0K | $763.6K |
| Price per sq ft | $537 | $558 |
| Built year | 1949 | 1958 |
| HOA | $0 | $0 |
| Days on market | 56 | 39 |
Jun 11, 2026
$787,000
$825,000
-5% Price Drop
Initial Listing
May 27, 2026
$825,000
Initial Listing
May 23, 2023
$727,500
Public Record