13
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$1,299,000
Est. payment /mo
1 Bed
0.33 Acres Lot
Price Dropped by $26K
6816 Central Avenue Lemon Grove, CA 91945
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2505907
Bedrooms 1
Lot Size 0.332 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
This well-maintained multi-family asset features three separate units and can be sold with independent living operation intact 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-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. Buyer to inquire directly regarding business license and state application requirements. This is a rare chance to own a cash-flowing real estate asset with built-in social value.
Location
State CA
County San Diego
Zoning Assessor
Direction massachuettes/federal
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 4791001500
Listed by Veronica Hosey NB Elite Realty Inc
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