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Kelly Edwards

kelly@deanaguilargroup.com +1(858) 255-9926

$ 1,289,000

Est. payment | -/mo

4 Beds

3 Baths

5,500 SqFt

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$ 1,289,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

3 Baths

5,500 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,500 sqft

Price per Sqft $234

MLS Listing ID PTP2607235

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1955

Lot Size 0.332 Acres

Property Sub-Type Triplex

Property Description

*THREE RESIDENCES. ONE EXPANSIVE PARCEL. MULTIPLE POSSIBILITIES.* 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** seeking flexibility and multiple income streams. **Occupy one residence and generate income from the remaining units, or operate all three as part of a long-term investment strategy. With three residences on one substantial parcel, 6816–6820 Central Avenue offers more than rental income it offers options.**

Location

State CA

County San Diego

Area 91945 - Lemon Grove

Zoning R-2

Interior

Cooling None

Fireplaces Type None

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Pool None

Community Features Suburban

View Y/N Yes

View Neighborhood

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Level or Stories One

Schools

School District Grossmont Union

Others

Senior Community No

Tax ID 4791001500

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2607235

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Douglas Webb Real Broker 310-722-3303, DRE #01980279

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(858) 255-9926

kelly@deanaguilargroup.com

San Diego, CA 92124-6101, USA

6816 20 Central AVE Lemon Grove, CA 91945

Kelly Edwards

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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6816 20 Central AVE