7902-8 Lester Ave Lemon Grove, CA ^$ 1,200,000

7902-8 Lester Ave

^$ 1,200,000

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Recently Listed

7902-8 Lester Ave

Lemon Grove, CA, 91945

^$ 1,200,000

Bedrooms7 Baths4.0

Monthly Estimate*

^$ 7,389

7902-8 Lester Ave, Lemon Grove, CA 91945 - Image 1

7902-8 Lester Ave, Lemon Grove, CA 91945 - Image 2

7902-8 Lester Ave, Lemon Grove, CA 91945 - Image 3

7902-8 Lester Ave, Lemon Grove, CA 91945 - Image 4

7902-8 Lester Ave, Lemon Grove, CA 91945 - Image 5

7902-8 Lester Ave, Lemon Grove, CA 91945 - Image 6

7902-8 Lester Ave, Lemon Grove, CA 91945 - Image 7

7902-8 Lester Ave, Lemon Grove, CA 91945 - Image 8

7902-8 Lester Ave, Lemon Grove, CA 91945 - Image 9

7902-8 Lester Ave, Lemon Grove, CA 91945 - Image 10

Multi-Family Home for sale in Lemon Grove, CA

for $1,200,000 with 7 bedrooms and 4 full baths. This home was built in 1953.

**4 UNITS, VALUE ADD, 6.91% PROFORMA CAP RATE** The property features three (3) 2bedroom/1bath units and one (1) 1bedroom/1bath unit, along with four (4) off-street parking spaces. There is approximately 132% upside in rental income and a new roof was installed in 2025. The location offers convenient access to local retail, transit, and community amenities, making it an attractive long-term rental market as the neighborhood continues to evolve. Surrounded by ongoing redevelopment projects and neighborhood investment, this property represents a compelling value-add opportunity at one of the best price points for a 4-unit in San Diego County. With renovations and re-tenanting, investors can unlock substantial NOI growth and capitalize on the area’s upward trajectory.

Multi-Family Active

Price

^$ 1,200,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Res Income 2-4 Units

Year Built

1953

Town/City

Lemon Grove

County/Region

San Diego

MLS | Web ID

260009392

Features

General

Cooling N/K

Roof Composition

Security Features N/K

Construction Materials Stucco

Year Built 1953

Tenant Pays Electricity

Levels 2 Story

Property Subtype Res Income 2-4 Units

Building Name Downtown Village

County San Diego

Operating Expense 27658.0

New Construction N

Property Type Residential Income

HOA N

Attached Garage N

Subdivision Name LEMON GROVE

Full Baths 4

Status ACTIVE

City Lemon Grove

Senior Community Y/N N

Number Of Units Total 4

MLS Area East County

Lot Size Units Acres

Property Attached Y/N N

Building Area Units Sqft

Living Area Units Sqft

Standard Status Active

Cap Rate 1.95

Freehold IDX

Exterior

Fencing Partial

Lot Size Area 0.0

Number of Buildings 1

Building Area Total 2880.0

Waterfront Y/N N

Interior

Total Stories 2

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Half Baths 0

Total Bedrooms 7

Total Baths 4

* Excluded Features

List By

Caleb Mancini

Listing Agent

Apartment Realty Group (Arg)

Broker

(858) 247-2487

Phone

Affordability Calculator

$7,389

Per Month

Monthly Principal & Interest: $7,389
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$1,450,578

Percent of Sale Price 21%

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.

281193 Elementary School

281006 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/21/2026	$1,200,000		Listed Price

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7902-8 Lester Ave, Lemon Grove, CA, 91945 is a Multi-Family Home for sale at $1,200,000. 7902-8 Lester Ave has 7 bedrooms, 4.0 baths, and was built in 1953. 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 6.25% 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 San Diego Multiple Listing Service, Inc.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.

Data is updated as of 4/21/2026.

CA BRE #019180026.

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7902-8 Lester Ave

Multi-Family Home for sale in Lemon Grove, CA

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