8694 Lemon Ave La Mesa, CA ^$ 8,950,000

8694 Lemon Ave

^$ 8,950,000

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Recently Listed

8694 Lemon Ave

La Mesa, CA, 91941

^$ 8,950,000

Bedrooms72 Baths48.0 Sq 26,206

Monthly Estimate*

^$ 55,107

8694 Lemon Ave, La Mesa, CA 91941 - Image 1

8694 Lemon Ave, La Mesa, CA 91941 - Image 2

8694 Lemon Ave, La Mesa, CA 91941 - Image 3

8694 Lemon Ave, La Mesa, CA 91941 - Image 4

8694 Lemon Ave, La Mesa, CA 91941 - Image 5

8694 Lemon Ave, La Mesa, CA 91941 - Image 6

8694 Lemon Ave, La Mesa, CA 91941 - Image 7

8694 Lemon Ave, La Mesa, CA 91941 - Image 8

8694 Lemon Ave, La Mesa, CA 91941 - Image 9

8694 Lemon Ave, La Mesa, CA 91941 - Image 10

Multi-Family Home for sale in La Mesa, CA

for $8,950,000 with 72 bedrooms and 48 full baths. This home is 26,206 square feet.

This 24-unit multifamily offering presents a compelling opportunity to acquire a well-located asset comprised entirely of three-bedroom, two-bathroom floor plans, with large private yards for the downstairs units and balconies in 10 of the 14 upstairs units. Community amenities include a swimming pool, large patio space with a BBQ, community laundry facilities, extra storage, and abundant on-site parking. The offering represents a true value-add opportunity, with the potential to upgrade both unit interiors and the building exterior to achieve substantially higher rents. Ideally situated near La Mesa Village, the property benefits from a highly walkable neighborhood with a Walk Score of 87. Residents enjoy immediate access to restaurants, coffee shops, bars, and retail along La Mesa Blvd. The property is also approximately 0.8 miles from a San Diego Trolley station served by the Orange Line.

Multi-Family Active

Price

^$ 8,950,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Com-Res Income

Town/City

La Mesa

County/Region

San Diego

MLS | Web ID

260012789

Features

General

Heating Central Forced Air Elec

Cooling Central Forced Air Elec

Construction Materials Stucco

Year Built 0

Stories Count 2

Property Subtype Com-Res Income

Community Features BBQ

County San Diego

Operating Expense 352200.0

New Construction N

Property Type Residential Income

HOA N

Attached Garage N

Full Baths 48

Status ACTIVE

City La Mesa

Senior Community Y/N N

Number Of Units Total 24

MLS Area East County

Lot Size Units Acres

Property Attached Y/N N

Structure Type Apartment

Building Area Units Sqft

Living Area Units Sqft

Standard Status Active

Cap Rate 4.61

Freehold IDX

Exterior

Parking Features Spaces Other/Remarks

Total Parking 38.0

Lot Size Area 0.0

Number of Buildings 2

Building Area Total 26206.0

Waterfront Y/N N

Interior

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Half Baths 0

Laundry Features Leased

Total Bedrooms 72

Total Baths 48

* Excluded Features

List By

Eric D Comer

Listing Agent

Eric D. Comer, Broker

Broker

(858) 369-3084

Phone

Affordability Calculator

$55,107

Per Month

Monthly Principal & Interest: $55,107
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

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 La Mesa, CA

Average List Price ^$2,329,500

Percent of Sale Price 74%

About La Mesa, CA

59,264 Population

8% Since 2002

^$60,546 Median Income

38.47 Median Age

25% 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
5/27/2026	$8,950,000		Listed Price

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8694 Lemon Ave, La Mesa, CA, 91941 is a Multi-Family Home for sale at $8,950,000 with 26,206 sqft. 8694 Lemon Ave has 72 bedrooms and 48.0 baths. The property's zip code is 91941 which is in La Mesa, 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 5/30/2026.

CA BRE #019180026.

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8694 Lemon Ave

Multi-Family Home for sale in La Mesa, CA

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