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Three Residences. One Expansive Parcel. Multiple Possibilities

Lemon Grove, CA

$1,289,000

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Bedroom

4

Bath

3

Year Built

1955

Size

5,500 sf

Multi-Family
Property Type

Multi-Family

Property Description

Discover a distinctive multi-residential opportunity in the heart of Lemon Grove. Positioned on an impressive approximately **14,456 sq. ft. parcel (0.33 acres)**, this three-unit property offers an attractive combination of existing income potential, substantial lot size, and long-term investment versatility. The property features **three individual residences** with a combined **4 bedrooms and 3 bathrooms**: one spacious **2-bedroom, 1-bath residence** complemented by two **1-bedroom, 1-bath residences**. Individual addresses**6816, 6818, and 6820 Central Avenue**create a unique multi-unit configuration well suited for a variety of ownership strategies. A **recently replaced roof** adds meaningful value, while separate utility metering provides added convenience and efficiency, including **three electric meters and three gas meters**. Water is serviced through one shared meter, and gas and electric dryer hookups are available. Beyond the residences, the oversized grounds are a standout feature. With approximately **10–15 parking spaces**, the property provides uncommon on-site capacity and an expansive setting that may offer a future owner additional possibilities. Any potential expansion, redevelopment, or alternative use is subject to applicable zoning, permits, and independent verification with the City of Lemon Grove. Ideally positioned near shopping, schools, transportation, major thoroughfares, and neighboring San Diego communities, this property presents a compelling opportunity for an **investor, portfolio builder, or owner-occupant**

Property Details

Property ID

69152

Price

$1,289,000

Property Size

5,500 sf

Bathrooms

3

Year Built

1955

Property Type

Multi-Family

Property Status

FOR SALE

Bedrooms

4

Address

Address

Map Address

City

State

Area

6816-20 Central Ave, Lemon Grove, CA 91945

6816-20 Central Ave, Lemon Grove, CA 91945

Lemon Grove

CA

CA

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