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7406 Roosevelt Avenue, Lemon Grove, California 91945, Lemon Grove, 91945 - 4 bed, 3 bath

7406 Roosevelt Avenue, Lemon Grove, California 91945 home-pic-0
ACTIVE$845,000
7406 Roosevelt Avenue, Lemon Grove, California 91945
4Beds
3Baths
1,759Sqft
9,756Lot
Year Built
1950
Close
-
List price
$845K
Original List price
$835K
Price/Sqft
$480
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2507745
Home ConditionPoor
Features
View-

About this home

Possibly Over-Priced:The estimated price is 11% below the list price. We found 3 Cons,6 Pros. Rank: price - $845.0K(84th), sqft - 1759(78th), beds - 4(78th), baths - 3(74th).

Mid-century, lovingly maintained, single level home in Lemon Grove. Discover the perfect blend of location, potential, and timeless design in this classic Mid-Century Modern single-level home in Lemon Grove. Built in 1951 and on the market for the very first time, this 1,759-square-foot home features 4 bedrooms and 2 bathrooms, offering the perfect starting point to create your dream home. Situated on an expansive 9500+ square foot usable lot, the possibilities are endless—envision adding an ADU, a stunning pool, or both to transform the backyard into your private oasis. With the potential to add a second story, the expansive lots provide ample space for gatherings, making it a great central hub for both everyday life and guest entertainment. Enjoy the peace of mind that comes with living in a community that values security and offers a wealth of recreational options. Embrace the blend of comfort and convenience this home provides, set in a vibrant neighborhood with everything within minutes away from beaches, restaurants, and Downtown San Diego. This property may qualify for an accessory dwelling unit to be built on site and add value to your investment. Solar panels are paid off and convey with the sales price.

Price History

Date
Event
Price
11/05/25
Price Change
$845,000
10/15/25
Listing
$835,000
Condition Rating
Poor
Built in 1950, this property is 74 years old and, despite being 'lovingly maintained,' is explicitly described as a 'perfect starting point to create your dream home,' indicating a need for significant updates. The kitchen appears to have been renovated 20-30 years ago, featuring dated wood cabinets, countertops, and backsplash, though some appliances are newer. Bathrooms are not pictured but are likely original or similarly dated. The property requires substantial rehabilitation, including probable major system overhauls (plumbing, electrical) and a complete aesthetic modernization, aligning with the 'poor' condition criteria for properties needing extensive work beyond minor updates.
Pros & Cons

Pros

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 = 9756, living area = 1759.
Development & Expansion Potential: The expansive 9500+ sqft usable lot offers significant potential for adding an Accessory Dwelling Unit (ADU), a pool, or even a second story, providing future value and customization opportunities.
Prime Location & Convenience: Situated in a vibrant Lemon Grove neighborhood, the property boasts excellent proximity to beaches, diverse restaurants, and Downtown San Diego, enhancing lifestyle and accessibility.
Paid-Off Solar System: The inclusion of fully paid-off solar panels provides immediate energy cost savings and environmental benefits, adding tangible value for the new homeowner.
Mid-Century Charm & Single-Level Living: A lovingly maintained 1950s single-level home, it offers timeless Mid-Century Modern architectural appeal and the practical convenience of single-story living.
First-Time Market Offering: Being on the market for the very first time since its construction in 1951 presents a unique opportunity for a buyer to personalize and make the home truly their own.

Cons

Significant Overpricing: The current listing price of $845,000 is approximately 13% higher than the estimated property value of $731,090, suggesting a potential overvaluation in the current market.
Age-Related Renovation Needs: Built in 1950, the property is described as a 'starting point' to 'create your dream home,' indicating that significant updates to systems (e.g., plumbing, electrical) and aesthetics may be required to modernize it.
Lack of Desirable Views: The property explicitly states 'view:None,' which could be a drawback for buyers prioritizing scenic vistas, especially in a region where views often command a premium.

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