Crestline Drive Apartments

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Address: 2555-2571 Crestline Drive, Lemon Grove, California, US
Created date: December 8, 2023
Date last updated: January 12, 2024

Property Description

2555-71 Crestline Drive is a commercial property located in a quiet residential neighborhood in Lemon Grove with 16 units situated on a 28,749 square foot lot. The 3 residential structures total 5,836 square feet including one 2 Bedroom / 1 Bath, two 1 Bedroom / 1 Baths, two studios, and eleven SRO units. There are additional large, detached storage units. The main structure has large common areas including the shared kitchen, a TV/living area, and patio space. The SRO units are located at different wings of the structure and the pods have a bathroom for each grouping of SROs for a total of 3 shared bathrooms. Five of the units are sub-metered for electric and there is solar on the property. One unit is sub-metered for water. The property has ample parking, some of which is covered. There is onsite laundry and internet provided to tenants. Lemon Grove is conveniently located 9 miles from Downtown San Diego and 12 miles from the airport. Lemon Grove has a plethora of local restaurants, coffee shops, entertainment options, and landmarks. The College Grove Shopping Center, a split-level open-air power center with 650,000 square feet of total retail floor area, is nearby. Lemon Grove Plaza, a 157,000 square foot shopping center anchored by Albertsons, is even closer. Convenient commuter options exist with quick access to State Route 94 which leads to Interstate 5 in Downtown San Diego. The Lemon Grove Depot (MTS) trolley stop is within walking distance. Lemon Grove is concentrated along the major transportation routes, affording residents and businesses easy access to major San Diego employment centers.

Key Property Information

Listing Status: Available
Listing Type: Highest & best offer
Multifamily type: Apartments
Price: $2,500,000
No. of Units: 16
Year Built: 1961
Building Size: 5,836 Sq ft
Lot Size: 28,749.00 Sq ft
Opportunity Zone: No
Price per unit: $156,250
Address: 2555-2571 Crestline Drive, Lemon Grove, California, US

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