6816 Central Avenue, Lemon Grove, California 91945
  • $1,400,000
  • $1,375,000

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.

Details

Property ID PTP2505907
Property Size 14456 Sqft
Land Area 0.3319 Acres
Year Built 1947
Updated on April 8, 2026 at 5:03 pm

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Additional details

  • Listing Terms: Cash, Cash to Existing Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Government Loan, Submit, VA Loan
  • Sewer: Public Sewer
  • County: San Diego
  • Property Type: Residential Income
  • Pool: None
  • Community Features: Biking, Dog Park, Gutter(s), Storm Drain(s), Street Lights, Suburban

Address

  • Address: 6816 Central Avenue
  • State/county: CA
  • Zip/Postal Code: 91945

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