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7316 18 Pacific Avenue — Lemon Grove | Belmont Brokerage | Belmont Brokerage

Active

+18 more

$935,000

0 DOM

— bd— ba— sqft

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7316 18 Pacific Ave Lemon Grove, CA 91945

8,156sqft lot

Rare investment opportunity in Lemon Grove! This unique 2-on-1 property sits on a large corner lot, perfect for an owner-occupant or an investor seeking dual rental income. Both units offer exceptional privacy with their own oversized yards and distinct character. Unit 1 (3BR/2BA): Features a spacious layout highlighted by vaulted exposed-beam ceilings and a cozy brick fireplace. Includes a private detached garage with laundry hookups, plus two additional dedicated parking spaces. Unit 2 (2BR/1BA): Offers incredible versatility with two additional bonus rooms—perfect for a home office or gym. Natural light pours in through skylights, and the unit enjoys its own large, private outdoor space. Additional Highlights: Garage conversion to a full studio, with kitchen and full bathroom.

MLS PTP2602769

619-889-8662 (Office) 619-300-8888 (Cell) francosmailbox@gmail.com

Est. payment

$5,975/mo

Principal & interestTaxesInsurance

$4,728$974$273

Down %

Rate %

Years

Down payment: $187,000 · Total cost: $1,889,033

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$5,975/mo

Principal & interest: $4,728
Est. property tax: $974
Est. insurance: $273
Down payment: $187,000

Est. gross rent$3,896/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-2,079/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

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Price History

Event	Date	Price	Change
Listed	Apr 13, 2026	$935,000	—

Facts & Features

Transaction Data

Structure & Property

Year Built1950

Garage Spaces1

619-889-8662 (Office) 619-300-8888 (Cell) francosmailbox@gmail.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

7316 18 Pacific Avenue, Lemon Grove, CA 91945

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7316 18 Pacific Ave Lemon Grove, CA 91945

About this home

Nick Franco

Est. monthly payment

Mortgage vs rent

Virtual Tour

Price History

Facts & Features

Transaction Data

Structure & Property

Nick Franco

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

7316 18 Pacific Avenue, Lemon Grove, CA 91945

About This Property

Property Photos

7316 18 Pacific Ave Lemon Grove, CA 91945

About this home

Nick Franco

Est. monthly payment

Mortgage vs rent

Virtual Tour

Price History

Facts & Features

Transaction Data

Structure & Property

Nick Franco

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.