8129 Lemon Grove, Lemon Grove, California 91945, Lemon Grove, 91945 - 3 bed, 2 bath
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8129 Lemon Grove
Lemon Grove, California 91945
ACTIVE
CONDITION: TEAR DOWN
3Beds
2Baths
976Sq Ft
7,148Lot Size
Property Price
LIST PRICE$595,000
EST. MARKET VALUE
$541,540
9% AboveMARKET VALUE
SUMMARY
FULL_VERSION
This property presents a High-Potential Investment Opportunity with a List Price of $595,000—positioned well above the $541,541 Fair Market Value by -9%. Featuring a 7,148 sf R3 zoned lot, this asset offers significant development potential for high-density expansion. With a Condition Rating of 6, the structure requires substantial capital expenditure to address deferred maintenance. This is a strategic acquisition for Buy-and-Hold Investors or Developers looking to maximize land utility in a well-connected Lemon Grove location.
SEO VERSION
Investor opportunity in Lemon Grove. 7,148 sf R3 zoned lot with high development potential. Prime location near transit and shops. Ideal for redevelopment projects.
Estimated Market Value
$541,540
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 |
|---|---|---|---|---|---|---|
★ 8129 Lemon Grove Subject | $595,000* List Price | 3 | 2 | 976 | $555 | - |
A 2656 Grange Street Sold | $650,000 | 2 | 1 | 914 | $711 | 0.9 mi |
B 7595 Roosevelt Ave. Sold | $720,000 | 3 | 2 | 1,332 | $541 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1951 (75 years old) and held by original owners for decades with no mentioned renovations. The listing explicitly markets the property as an 'investor opportunity' to 'maximize the potential of the lot' and highlights the R3 zoning, indicating the value is in the land rather than the structure. Images show significant neglect, dated windows, and a cluttered interior consistent with a property requiring total replacement.
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 = 7148, living area = 976.
- Development Potential
The property features R3 zoning on a generous 7,148 square foot lot, offering significant opportunities for multi-family development or high-density expansion in a growing area.
- Strategic Location
Ideally situated with convenient proximity to major transportation hubs, local parks, schools, and shopping centers, ensuring high desirability for future tenants or buyers.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Significant Renovation Required
Built in 1951 and marketed specifically to investors, the home likely requires substantial capital expenditure to address deferred maintenance and modernize the living space.
- Limited Interior Square Footage
With only 976 square feet of living space for a three-bedroom configuration, the current interior layout may feel constrained and less competitive compared to modern residential standards.
About 8129 Lemon Grove
Investor opportunity awaits!! This home 3BR 1-1/2 bath, has been owned by the original owners for decades and is prime for a new owner to maximize the potential of the lot ( 1951 house on a 7,148 sf R3 zoned lot, per assessor tax roll) and take advantage to the convenient proximity to the neighboring park, major transportation hubs, schools, markets and shops. Agent is related to the seller.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 7,148 Sq. Ft.
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
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 | 976 | 1,409.923 |
| Lot Size | 7,148 | 7,779.169 |
| Price | $595.0K | $781.0K |
| Price per sq ft | $610 | $565 |
| Built year | 1951 | 1956 |
| HOA | $0 | $0 |
| Days on market | 8 | 35 |
Pricing History
Listed for Sale
Sep 1, 2026
$595,000
Initial Listing