Millman Team Real Estate

$1,295,000
0.33 Acre Lot

6816 Central Avenue, Lemon Grove, California 91945

  • Residential Income Property Type
  • 1947 Year Built
Property Description

This well-maintained multi-family asset features three separate units — offering immediate cash flow and built-in occupancy. Property recent upgrades feature a new roof, updated electrical and the initial steps towards permitting. Ideal for mission-driven investors or owner-occupied operators, the property sits on a spacious lot with ADU potential (buyer to verify), providing a pathway to expand both impact and income. Located in a high-demand area near hospitals, transit, and community resources, the property delivers stable returns with a 6% cap rate. This is a rare chance to own a cash-flowing real estate asset with built-in social value.

Basic Details
Residential Income
For Sale
PTP2505907
$1,295,000
1947
0.33 Acre
Active
Triplex
Features
: None
: Washer Hookup, Gas Dryer Hookup, Laundry Room, Outside, Electric Dryer Hookup, Common Area
: Public Sewer
$0
Address Map
CA
San Diego
Lemon Grove
91945
Central
6816
Avenue
massachuettes/federal
91945 - Lemon Grove
Residential
Additional Information
$0
$0
$0
$0
$0
14456
: Street Lights, Suburban, Biking, Gutter(s), Dog Park, Storm Drain(s)
1
: 0-1 Unit/Acre
3
2025-08-04
1299000
2
https://www.propertypanorama.com/instaview/crmls/PTP2505907
Broker/Agent Information
NB Elite Realty Inc
Veronica Hosey
Listing Information
815463
89036
Cash,Cash to Existing Loan,Conventional,Cal Vet Loan,1031 Exchange,FHA 203(b),FHA 203(k),FHA,Government Loan,Submit,VA Loan
Active
2025-11-12T19:35:03Z
CRMLS
: Standard
2025-08-03T17:00:00Z
Agent info
Ray Millman
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