1504 DrexelLemon Grove, CA 91945

  • Residential income properties
  • 0.92 AC
Off market
$9,217,250 Estimated

Property Details for 1504 Drexel

Lot size
0.92 AC
Zone code
R-2:MINOR MULTIPLE
Property type
Residential income properties
Property subtype
Other apartment buildings
APN
577-310-36-00
APU
5773103600

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,416,454
    6.5%
    $9,615,188
    7%
    $8,928,389
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,053,128
    Geo Method
    $21,863,056
  • Alternative Use

    Use
    Valuation
    Residential
    $9,615,188
    Hospitality
    $8,807,461
    Educational
    $7,327,704
    Medical
    $7,579,715
    Retail
    $11,398,650
1504 Drexel, Lemon Grove, California

Location Insight

City
Lemon Grove
County
San Diego
State
California
Latitude
32.721
Longitude
-117.023
CBSA code
41740
CBSA name
SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$5,085
$33,714
$110,507
$144,221
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FAQs

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