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Listed by Douglas M Webb • Real Broker
$1,289,000
Est. payment /mo
4 Beds
3 Baths
5,500 SqFt
New
6816 Central Avenue Lemon Grove, CA 91945
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 5,500 sqft
Price per Sqft $234
MLS Listing ID 8P-2607235
Bedrooms 4
Full Baths 3
Year Built 1955
Lot Size 0.332 Acres
Property Sub-Type Triplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
*THREE RESIDENCES. ONE EXPANSIVE PARCEL. MULTIPLE POSSIBILITIES.* Discover a distinctive multi-residential opportunity in the heart of Lemon Grove. Positioned on an impressive approximately **14,456 sq. ft. parcel (0.33 acres)**, this three-unit property offers an attractive combination of existing income potential, substantial lot size, and long-term investment versatility. The property features **three individual residences** with a combined **4 bedrooms and 3 bathrooms**: one spacious **2-bedroom, 1-bath residence** complemented by two **1-bedroom, 1-bath residences**. Individual addresses**6816, 6818, and 6820 Central Avenue**create a unique multi-unit configuration well suited for a variety of ownership strategies. A **recently replaced roof** adds meaningful value, while separate utility metering provides added convenience and efficiency, including **three electric meters and three gas meters**. Water is serviced through one shared meter, and gas and electric dryer hookups are available. Beyond the residences, the oversized grounds are a standout feature. With approximately **10–15 parking spaces**, the property provides uncommon on-site capacity and an expansive setting that may offer a future owner additional possibilities. Any potential expansion, redevelopment, or alternative use is subject to applicable zoning, permits, and independent verification with the City of Lemon Grove. Ideally positioned near shopping, schools, transportation, major thoroughfares, and neighboring San Diego communities, this property presents a compelling opportunity for an **investor, portfolio builder, or owner-occupant** seeking flexibility and multiple income streams. **Occupy one residence and generate income from the remaining units, or operate all three as part of a long-term investment strategy. With three residences on one substantial parcel, 6816–6820 Central Avenue offers more than rental income it offers options.**
Location
State CA
County San Diego
Area 91945 - Lemon Grove
Zoning R-2
Interior
Cooling None
Fireplaces Type None
Laundry Gas & Electric Dryer Hookup
Exterior
Pool None
Community Features Suburban
View Y/N Yes
Building
Lot Description 0-1 Unit/Acre
Others
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