7406 Roosevelt Avenue, Lemon Grove, California 91945, Lemon Grove, 91945 - 4 bed, 3 bath
7406 Roosevelt Avenue
Lemon Grove, California 91945
Property Price
SUMMARY
Analysis of 7406 Roosevelt Avenue, Lemon Grove, California 91945 reveals a Fairly Priced Property with a current list price of $870,000 aligned with the estimated $864,220 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Lemon Grove Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7406 Roosevelt Avenue Subject | $870,000* List Price | 4 | 3 | 1,759 | $491 | - |
A 3246 Citrus St Sold | $800,000 | 4 | 2 | 1,403 | $570 | 0.3 mi |
B 7869 Lincoln St Sold | $860,000 | 4 | 3 | 1,826 | $471 | 0.5 mi |
C 7082 Casa Ln Sold | $716,000 | 3 | 1 | 1,564 | $458 | 0.5 mi |
D 2674 Buena Vista Avenue Pending | $779,990 List Price | 3 | 2 | 1,505 | $518 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1950, this home has been 'lovingly maintained' but is described as a 'perfect starting point to create your dream home,' indicating a need for significant updates. The kitchen features older-style wood cabinets, dated tile backsplash, and what appears to be granite-look countertops, though appliances are stainless steel. Bathrooms show some minor updates like a vessel sink and rain shower head in one, but overall styles are inconsistent and not fully modern. The property lacks air conditioning, a major system deficiency for its location. While functional and well-kept, it requires substantial cosmetic and system modernizations 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 = 9756, living area = 1759.
- Expansive Lot & Development Potential
Situated on a generous 9,756 sq ft usable lot, this property offers significant potential for expansion, including adding an Accessory Dwelling Unit (ADU), a pool, or even a second story, greatly enhancing future value and customization options.
- Paid-Off Solar Panels
The inclusion of paid-off solar panels provides immediate financial benefits through reduced energy costs and adds considerable value to the property, appealing to environmentally conscious buyers.
CONSRISKS & DEFICIENCIES
- Age of Property & Potential for Updates
Built in 1950, while well-maintained, the property is described as a 'starting point to create your dream home,' suggesting that significant investment may be required for modernizing systems and finishes to meet contemporary standards.
- Lack of Air Conditioning
The property description does not mention a cooling system, which could be a significant drawback during warmer months in Southern California and may necessitate a future installation.
- Absence of Scenic Views
The property explicitly states 'view: None,' which can be a disadvantage in a competitive market where scenic vistas often command a premium and contribute to overall property appeal.
About 7406 Roosevelt Avenue
Mid-century, lovingly maintained, single level home in Lemon Grove. Discover the perfect blend of location, potential, and timeless design in this classic Mid-Century Modern single-level home in Lemon Grove. Built in 1951 and on the market for the very first time, this 1,759-square-foot home features 4 bedrooms and 2 bathrooms, offering the perfect starting point to create your dream home. Situated on an expansive 9500+ square foot usable lot, the possibilities are endless—envision adding an ADU, a stunning pool, or both to transform the backyard into your private oasis. With the potential to add a second story, the expansive lots provide ample space for gatherings, making it a great central hub for both everyday life and guest entertainment. Enjoy the peace of mind that comes with living in a community that values security and offers a wealth of recreational options. Embrace the blend of comfort and convenience this home provides, set in a vibrant neighborhood with everything within minutes away from beaches, restaurants, and Downtown San Diego. This property may qualify for an accessory dwelling unit to be built on site and add value to your investment. Solar panels are paid off and convey with the sales price.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 9,756 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 78% |
| Baths | 3.0 | 2.0 | 80% |
| Square foot | 1,759 | 1,338.5 | 78% |
| Lot Size | 9,756 | 6,600 | 83% |
| Price | $870.0K | $765.0K | 90% |
| Price per sq ft | $495 | $559 | 32% |
| Built year | 1950 | 1959 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 143 | 170 | 37% |
Pricing History
Listed for Sale
Jan 8, 2026
$870,000
$845,000
+3% Price Increase
Initial Listing
Price Change
Nov 5, 2025
$845,000
Initial Listing
Price Change
Oct 15, 2025
$835,000
Initial Listing