1661 Colfax Dr Lemon Grove, CA $ 999,000
1661 Colfax Dr
$ 999,000
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1661 Colfax Dr

Lemon Grove, CA, 91945
$ 999,000
Baths0.0

Monthly Estimate*

$ 6,308

Listed by Acropolis Enterprise Inc
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Studio

Multi-Family Home for sale in Lemon Grove, CA

for $999,000. This home was built in 1942.

Exceptional investment opportunity with this fully remodeled, turn-key duplex in the heart of Lemon Grove. Thoughtfully renovated with all work completed under city permits, this property offers peace of mind for both investors and owner-occupants alike. The front unit features 3 beds and 1 bath and will be delivered vacant, providing the flexibility to move in yourself or lease at current market rents. The rear unit offers 1 bedroom and 1 bathroom and is currently tenant-occupied, creating immediate rental income from day one. Both units have been tastefully updated with modern finishes and designed for low-maintenance ownership. The property also offers off-street parking, a valuable amenity for tenants and owners alike. Whether you're looking to house hack, add a cash-flowing asset to your portfolio, or own a beautifully renovated multi-unit property, this duplex checks all the boxes. Conveniently located near shopping, dining, schools, and freeway access, this is a rare opportunity to own a move-in ready income property with one vacant unit and immediate rental potential in the other.

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Multi-Family Active

Price

$ 999,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1942

Town/City

Lemon Grove

County/Region

San Diego

MLS | Web ID

260018601SD

Days on Market

1

Features
General
Cooling None
Possession Close Of Escrow
Roof Composition
Zoning R-1
HOA Fee 0
Year Built 1942
Tenant Pays Sewer Trash Collection Water
Stories Count 1
Levels One
County San Diego
Net Operating Income 64000
Property Type Residential Income
Subdivision Name Lemon Grove
Status Active
Directions Input into GPS CrossStreet: Canton Drive
City Lemon Grove
Senior Community Y/N false
Number Of Units Total 2
MLS Area 91945 - Lemon Grove
Listing Terms Cash Conventional FHA VA Loan
Standard Status Active
Cap Rate 6.4
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Interior
Total Stories 1
Air Conditioning Y/N false
Heating Y/N true
Total Baths 0
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Exterior
Total Parking 0
Park Name N/A
Number of Buildings 2
Spa false
Lot Size Source Public Records
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* Excluded Features
List By
Acropolis Enterprise Inc

Broker

stephen@acropolisdev.com

Email

Affordability Calculator

$6,308
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,308
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/30/2026$999,000 Listed Price

Map


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1661 Colfax Dr, Lemon Grove, CA, 91945 is a Multi-Family Home for sale at $999,000. 1661 Colfax Dr is a studio with 0.0 baths and was built in 1942. The property's zip code is 91945 which is in Lemon Grove, CA