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    6816 Central Ave Lemon Grove, CA 91945

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    For Sale
    $1,295,000

    Well-maintained triplex with upgrades, cash flow, and expansion potential.

    Lot size:
    0.33 Acres

    Property Features for 6816 Central Ave

    General Information

    Lot size
    0.33 Acres

    Building Details

    Year built
    1947

    Source: NB Elite Realty Inc Agent Veronica Hosey

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cash Flowing Triplex with Upgrades

    This well-maintained multi-family asset features three separate units, offering immediate cash flow and built-in occupancy. Recent upgrades include a new roof and updated electrical systems, along with initial steps towards permitting. The property is ideal for mission-driven investors or owner-occupied operators. Situated on a spacious lot, the property offers ADU potential, with the buyer responsible for verification. Located in a high-demand area near hospitals, transit, and community resources, the property delivers stable returns with a 6% cap rate. This property presents a chance to own a cash-flowing real estate asset.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lemon Grove
    County
    San Diego
    State
    California
    Longitude
    -117.0509526
    Latitude
    32.7385362

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    • Contact for pricing
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    FAQs

    What type of property is this?
    Triplex - Well-maintained triplex with upgrades, cash flow, and expansion potential.
    Where is this triplex located?
    The property is located at 6816 Central Ave Lemon Grove, CA.
    What is the asking price?
    The asking price for this property is $1,295,000.
    What are key features of this property?
    This property features: - Immediate cash flow from three separate units with built-in occupancy.; - New roof and updated electrical system.; - 6% cap rate offering stable returns.
    (909) 272-7187
    Request Owner's contact information
    6816 Central Ave Lemon Grove, CA 91945
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6816 Central Ave Lemon Grove, CA 91945
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