7163 69 Central Avenue
Lemon Grove, CA, 91945 $ 1,750,000
Bedrooms-- Baths0.0 Sq 6,316 Monthly Estimate*
$ 12,087
Listed by Eric von Bluecher, Lee & Associates, evb@lee-associates.com
for $1,750,000. This 6,316 square foot home was built in 1988 on a lot size of 0.4587.
Well-maintained 7-unit apartment property in Lemon Grove offered at $1,750,000. Built in approximately 1988 on a large 19,979 SF lot, the property features one 3-bedroom, 2.5-bath front house and six 2-bedroom units, including two townhomes. Two 2-bedroom units offer direct access to garages with washer/dryer hookups. The property includes 14 parking spaces, select private yards and balconies, separate SDG&E meters, and more than $90,000 in completed capital improvements, including plumbing, roofing, decking, stairways, and HVAC work. Current scheduled income is approximately $146,064, with estimated market income of approximately $199,200 and approximately $53,136 in potential annual gross-income upside. Conveniently located near State Routes 94 and 125, shopping, restaurants, La Mesa, Spring Valley, and Downtown San Diego. Buyer to verify all information and independently confirm income, expenses, rents, square footage, parking, and property characteristics. Please do not enter or walk the property, or contact any tenants or property management, without the prior approval of the Listing Agent.
See more
FeaturesGeneralSewer Public Sewer
Zoning R-2
HOA Fee 0
Garage Spaces 2
Pool Features None
Year Built 1988
Gross Income 146064
Community Features Curbs Gutter(s) Storm Drain(s) Sidewalks
County San Diego
Net Operating Income 84558
Operating Expense 57124
Insurance Expense 5600
Property Type Residential Income
HOA false
Garage Y/N true
Special Listing Conditions Standard
Status Active Under Contract
Directions Contact Listing Agent.
City Lemon Grove
Entry Location Front Entrance
Senior Community Y/N false
Number Of Units Total 7
MLS Area 91945 - Lemon Grove
Lot Size Units Square Feet
Lot Size Square Feet 19979
Carport Spaces 12
Carport Y/N true
Listing Terms Cash 1031 Exchange Submit
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 7135
Water Sewer Expense 7272
Rent Control Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2608624
Standard Status Active Under Contract
Tax Lot 15-012
Taxes 21175
Cap Rate 4.83
See more
InteriorTotal Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N false
Heating Y/N false
Fireplace Y/N false
Laundry Features Washer Hookup Electric Dryer Hookup In Garage
Entry Level 1
Total Baths 0
See more
ExteriorLot Features 0-1 Unit/Acre
Total Parking 14
Lot Size Area 19979
Number of Buildings 2
Spa false
Building Area Total 6316
Lot Size Acres 0.4587
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 1
Number of Separate Gas Meters 7
Number of Separate Electric Meters 7
See more
* Excluded FeaturesList ByEric von BluecherListing Agent
evb@lee-associates.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $12,087
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyMulti-family listings in Lemon Grove, CA
Average List Price $1,455,850
Percent of Sale Price 17%
About Lemon Grove, CA 26,853 Population
7% Since 2002
$ 60,113 Median Income
36.67 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/14/2026 | $1,750,000 | | Listed Price |