6816 Central Avenue, Lemon Grove, CA 91945
6816 Central Avenue, Lemon Grove, CA 91945
6816 Central Avenue, Lemon Grove, CA 91945
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Listed by Veronica Hosey • NB Elite Realty Inc
$1,400,000
Est. payment /mo
14,456 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 14,456 sqft

Price per Sqft $96

MLS Listing ID 8P-2505907

Year Built 1947

Lot Size 0.332 Acres

Property Sub-Type Triplex

Source California Regional Multiple Listing Service (CRMLS)

Property Description

This well-maintained multi-family asset features three separate units — offering immediate cash flow and built-in occupancy. Property recent upgrades feature a new roof, updated electrical and the initial steps towards permitting. Ideal for mission-driven investors or owner-occupied operators, the property sits on a spacious lot with ADU potential (buyer to verify), providing a pathway to expand both impact and income. Located in a high-demand area near hospitals, transit, and community resources, the property delivers stable returns with a 6% cap rate. This is a rare chance to own a cash-flowing real estate asset with built-in social value.

Location

State CA

County San Diego

Area 91945 - Lemon Grove

Zoning Residential

Interior

Laundry Common Area, Electric Dryer Hookup, Gas & Electric Dryer Hookup, Individual Room, Outside, Washer Hookup

Exterior

Pool None

Community Features Biking, Dog Park, Gutters, Storm Drains, Street Lights, Suburban

View Y/N No

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

Others

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2505907


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