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3195 Buena Vista Ave., Lemon Grove, California 91945, Lemon Grove, 91945 - 10 bed, 7 bath

3195 Buena Vista Ave., Lemon Grove, California 91945 home-pic-0
ACTIVE$750,876
3195 Buena Vista Ave., Lemon Grove, California 91945
10Beds
7Baths
3,264Sqft
8,100Lot
Year Built
1949
Close
-
List price
$751K
Original List price
$965K
Price/Sqft
$230
HOA
-
Days on market
-
Sold On
-
MLS number
PTP2508498
Home ConditionPoor
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

We found 3 Cons,5 Pros.

MAJOR PRICE REDUCTION - ATTENTION INVESTORS. RARE INVESTMENT OPPORTUNITY! As-is Sale, 10 BR 7 BA UNITS. BRING ALL OFFERS, INCLDG. CO-INVESTMENT OPPORTUNITIES. HOUSE IS IN THE PROCESS OF RENOVATION - This Large house is in construction process w/10 bedrooms, 7 bathrooms, centrally located in Lemon Grove, on a flat corner lot, surrounded by trees and bushes. There is a parking lot in front of the property and a peaceful, private yard in the back. The property is in walking distance to grocery, shopping, restaurants, public transportation and offices. The house is being rebuilt after a fire. The buyer can decide on finishing touches according to their taste and standard. This is a residential income rental property, which could be used for independent living facility, Senior Living, or Airbnb, etc. Or ideal investment for owner/manager... Rooms previously were rented individually bringing nice income. Projected gross monthly income of $4,500+ mo. is possible PER Room with Senior Living or Rehab! One Owner is Lic RE Agent. IMMEDIATE SALE NEEDED! BRING ALL OFFERS...

Price History

Date
Event
Price
12/18/25
Price Change
$750,876-22.2%
11/11/25
Listing
$965,172
03/20/06
Sold
$470,000
Condition Rating
Poor
The property is currently a construction site, explicitly stated as 'in the process of renovation' and 'being rebuilt after a fire.' The images show only the framing of the structure, indicating an unfinished state. There are no completed kitchens, bathrooms, flooring, or operational systems to assess. It is unlivable and requires substantial repairs and rehabilitation to become habitable, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Exceptional Income Potential: The property boasts a projected gross monthly income of $4,500+ per room for specialized uses like Senior Living or Rehab, with a history of successful individual room rentals, making it highly attractive for investors seeking strong cash flow.
High-Density & Versatile Use: Featuring 10 bedrooms and 7 bathrooms across a large 3,264 sqft, coupled with a 'Mixed Use' sub-type, this property offers significant flexibility for various income-generating models including multi-unit rentals, independent living, or short-term rentals.
Prime Central Location: Situated on a flat corner lot in central Lemon Grove, the property benefits from excellent walkability to essential amenities such as grocery stores, shopping, restaurants, public transportation, and offices, enhancing its appeal to potential tenants or residents.
Significant Price Reduction & Motivated Seller: A major price reduction from the original list price and the explicit call for 'IMMEDIATE SALE NEEDED' indicate a highly motivated seller, presenting a rare opportunity for investors to acquire the property at a potentially favorable price.
Customization Opportunity: As the property is currently 'in construction process' following a fire, the buyer has the unique advantage of deciding on all finishing touches, allowing for complete customization to meet specific investment goals or design preferences.

Cons

Extensive Renovation Required (Post-Fire): The property is actively 'being rebuilt after a fire' and is 'in construction process,' signifying a substantial and ongoing renovation project that will demand significant additional capital investment, time, and project management from the buyer.
As-Is Sale Condition: Offered strictly 'As-is,' the sale places full responsibility on the buyer for all current and future repairs, upgrades, and potential unforeseen issues, increasing financial risk and requiring thorough due diligence.
Uncertainty of Completion Costs & Timeline: While customization is possible, the unfinished state of the renovation means the buyer will bear the burden of determining and funding the remaining scope of work, leading to potential uncertainties in final costs and project completion timelines before the property can generate income.

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