6816 Central Avenue, Lemon Grove, California 91945, Lemon Grove, - bed, bath
About this home
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.
Price History
| Subject | Average Home | Neighbourhood Ranking (5 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 14,456 | 1,716 | 83% |
| Lot Size | 14,456 | 9,195 | 83% |
| Price | $1.3M | $773K | 83% |
| Price per square foot | $90 | $441 | 17% |
| Built year | 1947 | 9735976 | 50% |
| HOA | |||
| Days on market | 93 | 148 | 50% |