6816 Central Avenue Lemon Grove, CA ^$ 1,375,000

6816 Central Avenue

^$ 1,375,000

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6816 Central Avenue

Lemon Grove, CA, 91945

^$ 1,375,000

Studio Baths1.0 Sq 14,456

Monthly Estimate*

^$ 8,578

Listed by NB Elite Realty Inc

6816 Central Avenue, Lemon Grove, CA 91945 - Image 1

6816 Central Avenue, Lemon Grove, CA 91945 - Image 2

6816 Central Avenue, Lemon Grove, CA 91945 - Image 3

6816 Central Avenue, Lemon Grove, CA 91945 - Image 4

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6816 Central Avenue, Lemon Grove, CA 91945 - Image 9

6816 Central Avenue, Lemon Grove, CA 91945 - Image 10

6816 Central Avenue, Lemon Grove, CA 91945 - Image 11

6816 Central Avenue, Lemon Grove, CA 91945 - Image 12

6816 Central Avenue, Lemon Grove, CA 91945 - Image 13

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Studio

Multi-Family Home for sale in Lemon Grove, CA

for $1,375,000 with 1 full bath. This 14,456 square foot home was built in 1947 on a lot size of 0.3319.

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.

Multi-Family Active

Price

^$ 1,375,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.3319

Year Built

1947

Town/City

Lemon Grove

County/Region

San Diego

MLS | Web ID

PTP2505907

Days on Market

218

Features

General

Sewer Public Sewer

Zoning Residential

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1947

Tenant Pays Janitorial Service

Property Subtype Triplex

Gross Income 166200

Community Features Biking Dog Park Gutter(s) Storm Drain(s) Street Lights Suburban

County San Diego

Net Operating Income 121200

Operating Expense 45000

Insurance Expense 14400

Property Type Residential Income

HOA false

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions massachuettes/federal

City Lemon Grove

Entry Location street

Senior Community Y/N false

Open Parking Spaces 10

Number Of Units Total 3

MLS Area 91945 - Lemon Grove

Lot Size Units Square Feet

Lot Size Square Feet 14456

Number of Units Leased 3

Listing Terms Cash Cash to Existing Loan Conventional Cal Vet Loan 1031 Exchange FHA 203(b) FHA 203(k) FHA Government Loan Submit VA Loan

Property Attached Y/N false

Land Lease Y/N false

Electric Expense 1050

Trash Expense 1200

Water Sewer Expense 8500

Rent Control Y/N false

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2505907

Standard Status Active

Year Built Source Assessor

Tax Lot /13

Total Actual Rent 13850

Property Sub Type Additional Triplex

Taxes 9950

Cap Rate 6.5

Interior

Total Stories 2

Common Walls No Common Walls

Air Conditioning Y/N false

Heating Y/N false

Fireplace Y/N false

Laundry Features Common Area Washer Hookup Electric Dryer Hookup Gas Dryer Hookup Laundry Room Outside

Entry Level 1

Total Baths 0

Exterior

Lot Features 0-1 Unit/Acre

Total Parking 10

Lot Size Area 14456

Number of Buildings 1

Spa false

Building Area Total 14456

Lot Size Acres 0.3319

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 3

Number of Separate Electric Meters 3

* Excluded Features

List By

Nb Elite Realty Inc

Broker

generationalhomewealthrealtor@gmail.com

Affordability Calculator

$8,578

Per Month

Monthly Principal & Interest: $8,578
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Lemon Grove, CA

Average List Price ^$1,067,000

Percent of Sale Price 22%

About Lemon Grove, CA

26,853 Population

7% Since 2002

^$60,113 Median Income

36.67 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/15/2025	$1,375,000	6.18%	Price Up
11/20/2025	$1,295,000		Listed Price

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6816 Central Avenue, Lemon Grove, CA, 91945 is a Multi-Family Home for sale at $1,375,000 with 14,456 sqft and a lot size of 0.3319. 6816 Central Avenue is a studio with 1.0 baths and was built in 1947. The property's zip code is 91945 which is in Lemon Grove, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/21/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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6816 Central Avenue

Multi-Family Home for sale in Lemon Grove, CA

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