Investment Summary

• The Florine Drive Triplex is a three-unit multi-residential property that is located near all that Lemon Grove has to offer. The property is situated on a large, 8,429sqft lot, with 2,613sqft of improved space and a pitched composition shingle roof. The property features a highly desirable unit mix of all 2BR's with two appx 750sqft 2BR/1BA units and an appx 1,100sqft 2BR/1.5BA townhome style unit. Tenants enjoy their own off-street parking space with a total of three surface parking spots in addition to a large two car garage. Each unit has a washer and dryer and large fenced yard. The property just underwent significant renovations. The interior remodel includes brand new kitchens with modern white cabinets, quartz counters and stainless appliances; bathrooms with new vanities and tile surround bathtubs, wood-tile flooring or new carpet throughout, canned lighting and six panel interior doors. The exterior was upgraded with new paint on the trim and stucco, retrofit windows and fencing. The property is a must see and yields excellent rents. This asset is located just South of the 94 freeway which provides easy access to 125, 15, 805 and 5 freeways. Within one mile of the property residents can access the San Diego MTS trolley stop, several grocery stores and numerous retail complexes along the Broadway or Lemon Grove Ave corridors. The Florine Drive Triplex is an absolute turn-key investment in a centrally located area of Lemon Grove.