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
Senior Community No
Tax ID 4791001500
Acceptable Financing Cal Vet, Cash, Conventional, Exchange, FHA, VA
Listing Terms Cal Vet, Cash, Conventional, Exchange, FHA, VA
Listed by Veronica Hosey NB Elite Realty Inc
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