Duplex with Separate-Entry
For Sale
$1,100,000
7970 Lemon Cir, La Mesa, CA 91941
Two living areas include a main residence and a lower-level unit with its own entrance, driveway, laundry, and garage.
Property Size2,224 SF
Price / SF$494.60
Days on Market13
Property Features for 7970 Lemon Cir
General Information
Standard status
Active
Size
2,224 SF
Total Parking Spaces
4
Property subtype
Residential Income
Zoning
R-1 SINGLE FAM RES
Units
Unit Mix
3BR/2BA, 1BR/1BA
Multifamily Units
2
Amenities
Ceiling Fan(s)
Balcony
Building Details
Building Size
2,224 SF
Year Built
1958
Buildings
1
Stories
2
Units
2
Listing Agency:
Keller Williams Realty
(619) 469-0700
Listed By:
Gregg Phillipson · License #01153857
(619) 507-3166
Source:
Antinone
Added: Oct 10
Changed: Oct 22
Last Checked: Oct 22 at 2:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
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Investment Insights
Based on property information with market context.
Built in 1958, this 2,224-square-foot property includes a three-bedroom, two-bath main residence and a separate one-bedroom, one-bath lower-level unit. The main home features a double-sided fireplace, covered deck, eat-in kitchen with stainless appliances, and a primary bedroom with a walk-in closet. Its primary bath has a walk-in shower and dual vanity. The lower unit has a living room, kitchenette, separate entrance, driveway, laundry, and garage with additional storage. The property also has a fenced yard and is zoned R-1 single-family residential.
Shopping, restaurants, freeways, and downtown La Mesa are nearby.
Shopping, restaurants, freeways, and downtown La Mesa are nearby.
Key Highlights
- Two units: a 3‑bedroom, 2‑bath main home and a 1‑bedroom, 1‑bath lower‑level unit
- 2,224 square feet; built in 1958
- Lower unit has a separate entrance, driveway, laundry, and garage with extra storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,848
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$796,960
$797.0K
Cap Rate 7%
$569,257
$569.3K
Cap Rate 9%
$442,756
$442.8K
Market Conditions
NOI Build-Up for 2,224 SF
Gross rent
$60.0K $27.00/SF
− Vacancy
−$3.1K −$1.40/SF
EGI
$56.9K $25.60/SF
− OpEx
−$17.1K −$7.68/SF
NOI
$39.8K $17.92/SF
Area
San Diego County, CA
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$796,960
Cap Rate 7%
$569,257
Cap Rate 9%
$442,756
Alternative Uses
Best Use
Multifamily LT 5
$569.3K
$498.1K – $664.1K
NOI $39,848 @ 7.0% cap · market cap 3.62%
Second Best
Apartment 5plus
$527.9K
$461.9K – $615.9K
NOI $36,953 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$1.02M
$891.6K – $1.19M
NOI $71,327 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,654
Businesses Nearby
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Business Placement
Demographics for 91941, CA
33,895
Population
13,250
Households
2.6
Avg Household Size
41
Median Age
46%
College-Educated
95%
High-School Grad
8.2 sq mi
ZIP Area
4,134
Density / Sq Mi
$111,607
Median Household Income
$53,995
Median Earnings
$2,067
Median Rent
$884,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two living areas include a main residence and a lower-level unit with its own entrance, driveway, laundry, and garage.
Where is this duplex located?
The property is located at 7970 Lemon Cir La Mesa, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two units: a 3‑bedroom, 2‑bath main home and a 1‑bedroom, 1‑bath lower‑level unit; 2,224 square feet; built in 1958; Lower unit has a separate entrance, driveway, laundry, and garage with extra storage
