Pending

6816 Central Avenue

Lemon Grove, CA 91945

$1,400,000 $5,902/Mo

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Overview

Bed

Bath

14,456

Sqft

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.

Property Details

Property Type : Residential Income

Price : $1,400,000

AD Id : 66312790

MLS Id : PTP2505907

Lot Size : 14,456 Sqft

Living Area Size : 14,456

Year Built : 1947

County : San Diego

Map

What's Nearby

Nearby Areas

Features

Bathroom Information

Total Baths: 0

Water/Sewer

Sewer: Public Sewer
Cooling Features

Air Conditioning

Heating Source

Has Heating

Fireplace

Has Fireplace: 0

Building Information

Year Built: 1947 Building Area Total: 14,456
Pool Features

None

Laundry Features

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

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.3319
Lot Size Source: Assessor Lot Size Square Feet: 14456

Listing Price Information

Original List Price: 1,400,000 Listing Contract Date: 2025-05-17
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 4791001500

Rental Info

Lease Term: Negotiable Tenant Pays: Janitorial Service

Other Property Info

Source Listing Status: Pending Source Neighborhood: 91945 - Lemon Grove Directions: massachuettes/federal Zoning: Residential Source Property Type: Residential Income Area: 91945 - Lemon Grove Property SubType: Triplex
Building and Construction

Property Age: 79 Common Walls: No Common Walls Structure Type: Triplex Year Built Source: Assessor Entry Level: 1 Entry Location: street

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ByOwner last updated this listing 06/08/2026 @ 14:33

MLS: PTP2505907 LISTED BY: Veronica Hosey, NB Elite Realty Inc 844-444-6237 SOURCE: CRMLS