7442 Daytona Street, Lemon Grove, California 91945, Lemon Grove, 91945 - 2 bed, 1 bath

7442 Daytona Street, Lemon Grove, California 91945 home-pic-0
ACTIVE$764,000
7442 Daytona Street, Lemon Grove, California 91945
2Beds
1Bath
832Sqft
6,711Lot
Year Built
1949
Close
-
List price
$764K
Original List price
$764K
Price/Sqft
$918
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2508377
Home ConditionPoor
Features
ViewNeighborhood

About this home

Possibly Over-Priced:The estimated price is 21% below the list price. We found 3 Cons,5 Pros. Rank: price - $764.0K(48th), sqft - 832(3th), beds - 2(14th), baths - 1(13th).

FULLY APPROVED PLANS READY - for you to build or we can build it for you! This fixer 2-bedroom, 1-bathroom home sits on a spacious 6,711 sq. ft. lot with endless potential. The property comes with approved plans and permits from the City of Lemon Grove to add a second story (823 sq. ft.), expanding the main home to 1,549 sq. ft. Additionally, a 979 sq. ft. 2-bedroom, 2-bathroom ADU is already approved, providing excellent rental income potential. The property also features a detached 1-car garage that can be easily converted into an additional ADU, creating the opportunity for a total of three units.

Price History

Date
Event
Price
11/06/25
Listing
$764,000
05/22/23
Sold
$600,000
06/03/09
Sold
$165,000
08/27/04
Sold
$382,000
Condition Rating
Poor

The property, built in 1949, is explicitly described as a 'fixer' and requires substantial repairs and rehabilitation. The kitchen features outdated white appliances, basic white cabinets, laminate countertops, and worn flooring, indicating a need for a complete renovation. While no bathroom images are provided, it's reasonable to assume a similar outdated condition. The overall age and visible wear suggest major systems are likely past their expected lifespan, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Pre-Approved Development Plans: The property comes with fully approved plans and permits from the City of Lemon Grove to add a second story, expanding the main home to 1,549 sq. ft., significantly de-risking and accelerating the renovation process.
Approved ADU for Rental Income: A 979 sq. ft. 2-bedroom, 2-bathroom Accessory Dwelling Unit (ADU) is already approved, offering immediate and substantial rental income potential.
Potential for Multiple Income Units: Beyond the approved ADU, the detached 1-car garage can be easily converted into an additional ADU, creating the opportunity for a total of three income-generating units on the property.
Spacious Lot Size: Sitting on a generous 6,711 sq. ft. lot, there is ample space to accommodate the planned expansions and ADUs, providing flexibility for outdoor living or additional landscaping.
High Investment Potential: This property represents an exceptional investment opportunity for developers or owner-builders, allowing for significant value addition through the pre-approved expansion and multiple ADU conversions.

Cons

Fixer Condition: The property is explicitly described as a 'fixer,' indicating it requires substantial renovation and capital investment beyond the planned expansions to be move-in ready or fully functional.
Age of Property: Built in 1949, the original structure is over 70 years old, suggesting potential for outdated systems, deferred maintenance, and the need for comprehensive modernization.
Current Small Living Space: The existing home is a modest 832 sq. ft. with 2 bedrooms and 1 bathroom, which is small by current market standards and necessitates the planned expansion to meet modern buyer expectations.

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