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.
Welcome to this exceptional Lemon Grove duplex offering an outstanding opportunity for investors or buyers seeking the advantages of owning a property while offsetting housing expenses. Ideally suited for an owner-occupant. Live comfortably in one unit while generating rental income from the other, or lease both units for attractive income potential. Whether you're looking to build your investment portfolio or make homeownership more attainable through rental income, this is an opportunity worth exploring. Don't miss your chance to own a versatile and income-producing property in Lemon Grove. Each thoughtfully improved unit offers approximately 750 sq. ft. of living space, along with its own private yard, one-car garage and generous off-street parking. The oversized garages provide excellent flexibility for secure parking, storage or additional workspace. With desirable private outdoor spaces, abundant parking, separate garages, and numerous recent improvements, this well-maintained property combines functionality, flexibility and long-term potential. **ABS piping runs from building to street**
Welcome to this versatile duplex offering an excellent opportunity for extended-family living or additional rental income. Both units were remodeled approximately 4 years ago, and the property features a nice-sized lot with plenty of potential. Live in one unit while renting the second, or enjoy the flexibility of having family nearby while maintaining separate living spaces. Conveniently located near shopping centers, major freeways, and easy access to Highways 125 and 905. A great opportunity for investors, multi-generational families, or buyers looking to offset their housing expenses with rental income. Don’t miss this opportunity!
Investment Opportunity in the Heart of Lemon Grove! Rare opportunity to own a versatile, income-producing property offering four separate living units and approximately $8,400 per month in rental income (over $100,000 annually). The property features a spacious 3-bedroom, 1-bath main residence, along with three additional ADUs, including: • Attached 2-bedroom, 1-bath J-ADU • Attached studio J-ADU with private bath • Detached studio ADU Whether you’re an investor seeking immediate cash flow, completing a 1031 Exchange, or an owner-occupant looking to offset your mortgage with rental income, this property offers exceptional flexibility and earning potential. Situated on a generously sized lot in the desirable community of Lemon Grove, the property provides convenient access to Highways 94, 125, Interstate 8, and Interstate 805, making commuting throughout San Diego County simple. Downtown San Diego, Naval Base San Diego, SDSU, shopping centers, restaurants, parks, and public transportation are all just minutes away.
Rare opportunity to own two beautifully updated homes on one expansive parcel in the heart of Lemon Grove! This unique property offers endless possibilities for multi-generational living, rental income, owner-occupants, investors, or those seeking additional space and privacy. Both residences feature modern upgrades, stylish finishes, and comfortable living spaces designed for today’s lifestyle. Enjoy updated kitchens and baths, spacious interiors, abundant natural light, and inviting outdoor areas perfect for entertaining or relaxing. This parcel also comes with a detached two-car garage perfect for additional parking or storage. Unit 8012 has solar panels providing ample electricity. Solar agreement can be transferred or negotiated in offer. The oversized lot provides incredible flexibility with room to garden, entertain, expand, or simply enjoy the privacy and open space rarely found in San Diego County. The property is home to multiple mature fruit trees including apple, fig, orange, avocado, grapefruit, nectaplum, lemon, dragon fruit, strawberry guava and apricot! Conveniently located near shopping, dining, parks, schools, and freeway access while still offering a peaceful residential feel.
Rare opportunity to own two beautifully updated homes on one expansive parcel in the heart of Lemon Grove! This unique property offers endless possibilities for multi-generational living, rental income, owner-occupants, investors, or those seeking additional space and privacy. Both residences feature modern upgrades, stylish finishes, and comfortable living spaces designed for today’s lifestyle. Enjoy updated kitchens and baths, spacious interiors, abundant natural light, and inviting outdoor areas perfect for entertaining or relaxing. This parcel also comes with a detached two-car garage perfect for additional parking or storage. Unit 8012 has solar panels providing ample electricity. Solar agreement can be transferred or negotiated in offer. The oversized lot provides incredible flexibility with room to garden, entertain, expand, or simply enjoy the privacy and open space rarely found in San Diego County. The property is home to multiple mature fruit trees including apple, fig, orange, avocado, grapefruit, nectaplum, lemon, dragon fruit, strawberry guava and apricot! Conveniently located near shopping, dining, parks, schools, and freeway access while still offering a peaceful residential feel.
Lemon Grove is located in California. Lemon Grove, California has a population of 27,513. Lemon Grove is less family-centric than the surrounding county with 32.7% of the households containing married families with children. The county average for households married with children is 33.76%.
The median household income in Lemon Grove, California is $71,082. The median household income for the surrounding county is $88,240 compared to the national median of $69,021. The median age of people living in Lemon Grove is 35.9 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 44.3 degrees. The average rainfall is approximately 12.5 inches per year, with 0 inches of snow per year.
