Lemon Grove, CA 91945,6816 Central Avenue
Lemon Grove, CA 91945,6816 Central Avenue
Lemon Grove, CA 91945,6816 Central Avenue
13
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$1,400,000
Est. payment /mo
14,456 SqFt
Active Under Contract

6816 Central Avenue Lemon Grove, CA 91945

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 14,456 sqft

Price per Sqft $96

MLS Listing ID CRPTP2505907

HOA Y/N No

Year Built 1947

Lot Size 0.332 Acres

Property Sub-Type Triplex

Source Datashare California Regional

Property 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.

Location

State CA

County San Diego

Interior

Fireplace No

Laundry Common Area, Laundry Room, Other


Bay East Association of Realtors

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Max Manatt

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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6816 Central Avenue