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Lemon Grove, CA Apartment Buildings for Sale

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Turnkey Lemon Grove Apartment Building
Updated: Mar 19
Turnkey Lemon Grove Apartment Building

8465 Broadway, Lemon Grove, CA 91945

$5,950,000
10,659 sqft 0.51 AC lot
Newer construction (2018) property exempt from AB1482
Turnkey 16‑unit apartment building with a mix of 1BR/1BA loft units and studio units
Strong income potential with 10% rent upside and additional income from 4 storage units
Each unit features stainless steel appliances, dishwashers, built‑in microwaves, private balconies, walk‑in closets, in‑unit stacked washer/dryers and mini‑split A/C units
Convenient location with easy access to Downtown San Diego, major transportation routes (State Route 94, Interstate 5), and the Lemon Grove Depot (MTS) trolley stop
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Based on your search, we've compiled 75 Potential Opportunities for your consideration. Besides 1 Active listings in Lemon Grove, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property in La Mesa
Mixed-Use Property in La Mesa

8870-78 La Mesa Blvd, La Mesa, CA 91942

$6,100,000
18,048 sqft 0.86 AC lot

Fully leased mixed-use property with cash flow and redevelopment potential.

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Multifamily Building with On-Site Laundry
Multifamily Building with On-Site Laundry

4415 Rosebud Ln, La Mesa, CA 91941

$2,495,000

Apartment building with studio, one- and two-bedroom units, covered parking with storage, and on-site laundry.

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Remodeled 7-Unit Apartment Building
Remodeled 7-Unit Apartment Building

9922 34 Buena Vista Dr, Spring Valley, CA 91977

$2,000,000

A 7-unit building with remodeled interiors, on-site laundry, and individually metered gas and electric services.

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Remodeled 7-Unit Apartment Building
Remodeled 7-Unit Apartment Building

9922-34 Buena Vista Drive, Spring Valley, CA 91977

$2,000,000

Seven-unit multifamily property with remodeled unit interiors, on-site laundry, and separate gas and electric metering.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

San Jacinto Land with Utilities
San Jacinto Land with Utilities

Rosario, San Jacinto, CA 92583

$155,000
0.33 AC lot

Unique lot with utilities available for multiple residential uses.

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Development Opportunity with DTLA Views
Development Opportunity with DTLA Views

700 Lookout Dr, Los Angeles, CA 90012

$799,000
0.22 AC lot

Land with potential for up to 23 units.

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Lancaster Corner Lot Investment Opportunity
Lancaster Corner Lot Investment Opportunity

Newgrove Street, Lancaster, CA 93534

$350,000
0.17 AC lot

0.17-acre corner lot in Lancaster with development potential.

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Prime Commercial Land Opportunity
Prime Commercial Land Opportunity

31426 The Old Road N, Castaic, CA 91384

$2,250,000
2.05 AC lot

2+ acres of commercially zoned land with freeway exposure.

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Off-Market Properties in Lemon Grove, CA

Consider similar Off-Market properties in Lemon Grove, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1790 Dayton Dr, Unit 1822
APARTMENT HOUSE (5+ UNITS)

1790 Dayton Dr, Lemon Grove, CA 91945-4135

Unit 1822
Value Estimation by Request
8,480 sqft 0.52 AC lot
View details
8230 Lemon Grv Way
APARTMENT HOUSE (5+ UNITS)

8230 Lemon Grv Way, Lemon Grove, CA 91945-1956

$2,550,000
Estimated value
16,776 sqft 0.63 AC lot
View details
8150 Golden Ave
APARTMENT HOUSE (5+ UNITS)

8150 Golden Ave, Lemon Grove, CA 91945-2508

$905,000
Estimated value
30,822 sqft 0.76 AC lot
View details
7555 Pacific Ave
APARTMENT HOUSE (5+ UNITS)

7555 Pacific Ave, Lemon Grove, CA 91945-2348

Value Estimation by Request
18,656 sqft 1.06 AC lot
View details
7130 Central Ave, Unit 34
APARTMENT HOUSE (5+ UNITS)

7130 Central Ave, Lemon Grove, CA 91945-2114

Unit 34
$985,000
Estimated value
5,841 sqft 0.48 AC lot
View details
7271 Nn Ave
APARTMENT HOUSE (5+ UNITS)

7271 Nn Ave, Lemon Grove, CA 91945-1535

$1,125,000
Estimated value
3,648 sqft 0.18 AC lot
View details
3485 Olive St, Unit 201
APARTMENT HOUSE (5+ UNITS)

3485 Olive St, Lemon Grove, CA 91945-2263

Unit 201
Value Estimation by Request
19,726 sqft 0.33 AC lot
View details
100 Citronica Ln
APARTMENT HOUSE (5+ UNITS)

100 Citronica Ln, Lemon Grove, CA 91945-1531

$41,920,000
Estimated value
89,332 sqft 1.14 AC lot
View details
3601 Hilltop Dr
APARTMENT HOUSE (5+ UNITS)

3601 Hilltop Dr, Lemon Grove, CA 91945-1957

$7,755,000
Estimated value
23,980 sqft 1.16 AC lot
View details
7946 Broadway, Unit 52
APARTMENT HOUSE (5+ UNITS)

7946 Broadway, Lemon Grove, CA 91945-1831

Unit 52
$8,840,000
Estimated value
68,538 sqft 0.92 AC lot
View details
7570 Church St
APARTMENT HOUSE (5+ UNITS)

7570 Church St, Lemon Grove, CA 91945-2300

$4,695,000
Estimated value
14,654 sqft 0.62 AC lot
View details
3277 Olive St
APARTMENT HOUSE (5+ UNITS)

3277 Olive St, Lemon Grove, CA 91945-1748

$1,130,000
Estimated value
4,480 sqft 0.15 AC lot
View details
3240 Olive St
APARTMENT HOUSE (5+ UNITS)

3240 Olive St, Lemon Grove, CA 91945-1768

$11,520,000
Estimated value
39,680 sqft 1.74 AC lot
View details
7525 Pacific Ave
APARTMENT HOUSE (5+ UNITS)

7525 Pacific Ave, Lemon Grove, CA 91945-2328

$2,815,000
Estimated value
6,184 sqft 0.43 AC lot
View details
7615 Broadway
APARTMENT HOUSE (5+ UNITS)

7615 Broadway, Lemon Grove, CA 91945-1607

Value Estimation by Request
2,784 sqft 0.17 AC lot
View details
8150 Broadway
APARTMENT HOUSE (5+ UNITS)

8150 Broadway, Lemon Grove, CA 91945-2673

$13,505,000
Estimated value
1.81 AC lot
View details
3208 Massachusetts Ave
APARTMENT HOUSE (5+ UNITS)

3208 Massachusetts Ave, Lemon Grove, CA 91945-2252

Value Estimation by Request
8,016 sqft 0.40 AC lot
View details
7127 Central Ave, Unit 31
APARTMENT HOUSE (5+ UNITS)

7127 Central Ave, Lemon Grove, CA 91945-2115

Unit 31
$715,000
Estimated value
5,773 sqft 0.46 AC lot
View details
3280 Olive St
APARTMENT HOUSE (5+ UNITS)

3280 Olive St, Lemon Grove, CA 91945-1767

$4,620,000
Estimated value
45,048 sqft 1.99 AC lot
View details
8413 Broadway, Unit 27
APARTMENT HOUSE (5+ UNITS)

8413 Broadway, Lemon Grove, CA 91945-2041

Unit 27
$16,130,000
Estimated value
59,116 sqft 2.77 AC lot
View details
7560 Nn Ave
APARTMENT HOUSE (5+ UNITS)

7560 Nn Ave, Lemon Grove, CA 91945-1601

$1,655,000
Estimated value
5,478 sqft 0.28 AC lot
View details
3201 College Pl, Unit 64
APARTMENT HOUSE (5+ UNITS)

3201 College Pl, Lemon Grove, CA 91945-1463

Unit 64
Value Estimation by Request
9,999 sqft 6.17 AC lot
View details
8058 Golden Ave, Unit 88
APARTMENT HOUSE (5+ UNITS)

8058 Golden Ave, Lemon Grove, CA 91945-2586

Unit 88
$2,945,000
Estimated value
13,175 sqft 1.04 AC lot
View details

Lemon Grove, CA Apartment Buildings Market Trends and Statistics

Explore 67 apartment buildings for sale in Lemon Grove, CA on our real estate platform. These investment opportunities span a total of 10,659 square feet of properties for sale, with an estimated market value of $5,950,000.

Sale prices for two-family homes in Lemon Grove, CA start at $5,950,000, averaging $5,950,000, and reaching up to $5,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 28K
Population Growth (5Y) +1.2%
Median Household Income $79,381
College Educated 14.1%

High-Yield Neighborhoods for Investment

Identify Lemon Grove submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
91945 $6M

Taxes & Financing

Tax Rate (average for all types) 1.47%
Property Tax per SF $17.37 per SF
Tax Rate vs County Average 0.29 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in San Diego County

New Delisted

Total CRE Inventory on Market (SF)

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