2503 Mulder St, Lemon Grove, California 91945, Lemon Grove, 91945 - 3 bed, 2 bath
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2503 Mulder St
Lemon Grove, California 91945
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,206Sq Ft
0Lot Size
Property Price
LIST PRICE$749,900
EST. MARKET VALUE
$695,372
7% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $749,900—positioned well above the $695,373 Fair Market Value by -7%. While the home requires a full rehab due to its Condition Rating of 5, the expansive 8,600 sq. ft. lot and superior parking capacity provide a solid foundation for value-add renovations. The property offers a rare opportunity for Fix-and-Flip Investors or Contractors to modernize a well-maintained, long-term ownership asset in a desirable Lemon Grove neighborhood.
Estimated Market Value
$695,372
Based on Realkey algorithm analyzing recent comparable sales in Lemon Grove.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2503 Mulder St Subject | $749,900* List Price | 3 | 2 | 1,206 | $577 | - |
A 2019 Fairhaven St Sold | $665,000 | 3 | 2 | 1,216 | $547 | 0.6 mi |
B 2217 Lyndine Sold | $740,000 | 3 | 2 | 1,274 | $581 | 0.2 mi |
C 8224 Mount Vernon Sold | $750,000 | 3 | 2 | 1,477 | $508 | 0.1 mi |
D 2656 Grange Street Sold | $650,000 | 2 | 1 | 914 | $711 | 0.5 mi |
E 22222 Debco Drive Sold | $780,000 | 3 | 2 | 1,514 | $515 | 0.5 mi |
F 7595 Roosevelt Ave. Sold | $720,000 | 3 | 2 | 1,332 | $541 | 0.6 mi |
G 8129 Lemon Grove Active | $595,000 List Price | 3 | 2 | 976 | $610 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1958 and held by the same owner for over 60 years, the property is a 'time capsule' with a kitchen, flooring, and fixtures that appear to be 40+ years old. While meticulously maintained and livable, the age of the home and lack of modern updates to the kitchen, baths, and likely systems necessitate a full rehab to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8600, living area = 1206.
- Expansive Lot and Landscaping
The property sits on a generous 8,600 sq. ft. lot featuring mature fruit trees and a grand rubber tree, offering exceptional outdoor living space and privacy.
- Exceptional Pride of Ownership
Meticulously maintained by the same owner for over 60 years, this home demonstrates a rare level of care and long-term stability that provides peace of mind for buyers.
CONSRISKS & DEFICIENCIES
- Potential for Modernization
Given the 1958 construction and long-term ownership, the interior likely requires cosmetic and functional updates to meet contemporary design standards.
- Modest School Ratings
The assigned local high schools carry lower performance ratings (3/10), which may be a consideration for families prioritizing top-tier educational districts.
About 2503 Mulder St
Welcome to this delightful single-story residence nestled in the desirable Mulderhaven neighborhood of Lemon Grove! Offering 1,206 sq. ft. of comfortable living space on an expansive 8,600 sq. ft. lot. This 3-bedroom, 2-bathroom home features a spacious living room and a large window with a wonderful view of the garden that is anchored by a grand rubber tree, and lush fruit trees. Off the dining room, a charming patio awaits, perfect for alfresco dining and entertaining. Complete with an attached 2-car garage and driveway parking for up to 3 additional vehicles. Well-loved, meticulously maintained by the same owner for over 60 years, and filled with cherished memories. This special property is ready to welcome its next chapter.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1958
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lemon Grove Unified Schools
Mount Vernon Elementary School
Grades PK-8 • 0.2 mi
4/10
Lemon Grove Academy For The Sciences And Humanities
Grades PK-8 • 0.5 mi
6/10
Mount Miguel High School
Grades 9-12 • 0.7 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,206 | 1,409.923 |
| Lot Size | - | 7,779.169 |
| Price | $749.9K | $781.0K |
| Price per sq ft | $622 | $565 |
| Built year | 1958 | 1956 |
| HOA | $0 | $0 |
| Days on market | 5 | 35 |
Pricing History
Listed for Sale
Sep 4, 2026
$749,900
Initial Listing