
Lemon Grove, California 91945
This Versatile Income-Producing Property is a Strong Value Opportunity, listed at $825,000—positioned well below the $857,178 Fair Market Value by 3%. This valuation gap offers $32,178 in Instant Equity. Featuring a Condition Rating of 3, the home includes renovated bathrooms and a flexible layout with a primary suite entrance. The expansive 17,500 sqft lot provides significant upside through ADU conversion and RV parking. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1305 Bakersfield Subject | $825,000* List Price | 2 | 1 | 1,465 | $585 | - |
A 1511 Primera Street Sold | $780,000 | 3 | 2 | 1,225 | $637 | 0.9 mi |
B 7978 Canton Sold | $826,250 | 3 | 2 | 1,475 | $560 | 0.7 mi |
C 1628 La Corta Sold | $721,700 | 3 | 2 | 1,225 | $589 | 0.7 mi |
D 1448 Patero Court Sold | $829,000 | 3 | 2 | 1,225 | $677 | 0.8 mi |
E 1701 Dayton Dr. Sold | $770,000 | 3 | 2 | 1,701 | $453 | 0.5 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 in move-in-ready condition with significant recent updates. It features two fully renovated, custom-designed bathrooms and newer flooring. While the kitchen cabinetry retains an older aesthetic, the appliances are updated and the overall maintenance of the systems and interior suggests a high level of care consistent with a 5-15 year renovation cycle.
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 expansive 17,500 sqft lot includes a detached garage ideal for ADU conversion and dedicated RV parking with full utility hookups, offering significant rental income or value-add opportunities.
Perched on a scenic hillside, the property offers breathtaking mountain, valley, and city views, providing a serene and private atmosphere that is highly sought after in Lemon Grove.
Despite the generous square footage and large lot, the current 2-bedroom, 1-bathroom configuration may limit appeal for larger families or buyers seeking more traditional layouts.
The assigned local schools have relatively low ratings (3 and 4 out of 10), which could be a drawback for education-focused families and impact long-term 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 13% |
| Baths | 1.0 | 2.0 | 17% |
| Square foot | 1,465 | 1,466.5 | 50% |
| Lot Size | 17,500 | 6,600 | 94% |
| Price | $825.0K | $765.0K | 69% |
| Price per sq ft | $563 | $537 | 60% |
| Built year | 1949 | 1958 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 114 | 8% |
May 27, 2026
$825,000
Initial Listing
May 23, 2023
$727,500
Public Record