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Listed by Veronica Hosey • NB Elite Realty Inc
$ 1,400,000
Est. payment /mo
Pending
6816 Central Avenue Lemon Grove, CA 91945
14,456 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Square Footage 14,456 sqft
Price per Sqft $96
MLS Listing ID 8P-2505907
Year Built 1947
Lot Size 0.332 Acres
Property Sub-Type Triplex
Source California Regional Multiple Listing Service (CRMLS)
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
Area 91945 - Lemon Grove
Zoning Residential
Interior
Laundry Common Area, Electric Dryer Hookup, Gas & Electric Dryer Hookup, Individual Room, Outside, Washer Hookup
Exterior
Pool None
Community Features Biking, Dog Park, Gutters, Storm Drains, Street Lights, Suburban
View Y/N No
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Others
Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2505907