7645 Pacific Ave Lemon Grove, CA $ 9,200,000
7645 Pacific Ave
$ 9,200,000
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7645 Pacific Ave

Lemon Grove, CA, 91945
$ 9,200,000
Bedrooms-- Baths--

Monthly Estimate*

$ 56,646

Listed by Conor Brennan, Broker
7645 Pacific Ave, Lemon Grove, CA 91945 - Image 1
7645 Pacific Ave, Lemon Grove, CA 91945 - Image 2
7645 Pacific Ave, Lemon Grove, CA 91945 - Image 3
7645 Pacific Ave, Lemon Grove, CA 91945 - Image 4
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7645 Pacific Ave, Lemon Grove, CA 91945 - Image 8
7645 Pacific Ave, Lemon Grove, CA 91945 - Image 9

Commercial Property for sale in Lemon Grove, CA

for $9,200,000.

Pleased to present 7645 Pacific Avenue, a 42-unit gated multifamily community built in 1969 and located in the heart of Lemon Grove, CA. The property features a desirable unit mix of 30 one-bedroom/one-bath units and 12 two-bedroom/one-bath units, catering to a broad tenant base in an affordability-driven submarket. The property features a private courtyard pool, gas BBQ area, onsite laundry room with three washer and three dryers and secure gated entry. The asset has benefited from significant capital improvements, reducing near-term deferred maintenance and enhancing operational efficiency. Recent upgrades include a full roof replacement (2011, with warranty through 2031), upgraded electrical subpanels (2023–2024), new exterior paint (2025), extensive fascia board replacement (2024), and complete parking lot resurfacing (2019). Additional improvements include new fencing (2025), updated water heaters (2021 & 2026), and completed SB721 balcony inspections (2023).

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Commercial Active

Price

$ 9,200,000

Property Type

Commercial

Taxes

$ 0

Style

Town/City

Lemon Grove

County/Region

San Diego

MLS | Web ID

260014848SD

Days on Market

4

Features
General
HOA Fee 0
Property Subtype Mixed Use
County San Diego
Net Operating Income 528579
Operating Expense 337077
Property Type Commercial Sale
Status Active
City Lemon Grove
Number Of Units Total 42
MLS Area 91945 - Lemon Grove
Standard Status Active
Property Sub Type Additional Mixed Use
Cap Rate 5.75
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Interior
Air Conditioning Y/N true
Heating Y/N false
Total Baths 0
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Exterior
Total Parking 0
Number of Buildings 1
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* Excluded Features
List By
Conor Brennan, Broker

Broker

Conor.Brennan@cbre.com

Email

Affordability Calculator

$56,646
Per Month
100%
0%
0%
Monthly Principal & Interest
$56,646
Monthly Property Taxes
--
Monthly 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/18/2026$9,200,000 Listed Price

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7645 Pacific Ave, Lemon Grove, CA, 91945 is a Commercial Property for sale at $9,200,000. The property's zip code is 91945 which is in Lemon Grove, CA