Multifamily Property with ADU
For Sale
$1,400,000
Pending
6816 Central Ave, Lemon Grove, CA 91945
Well-maintained triplex with upgrades in high-demand location.
Property Size14,456 SF
Lot Size0.33 Acres
Days on Market164
Property Features for 6816 Central Ave
General Information
Standard status
Pending
Size
14,456 SF
Lot size
0.33 Acres
Property subtype
Investment
Building Details
Building Size
14,456 SF
Year Built
1947
Units
3
Listing Agency:
NB Elite Realty Inc
(909) 272-7187
Listed By:
Veronica Hosey · License #02020405
(909) 272-7187
Source:
Elliman
Added: Mar 11
Changed: Aug 11
Last Checked: Aug 20 at 11:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NB Elite Realty Inc
Investment Insights
Based on property information with market context.
This well-maintained multifamily property features three separate units, offering immediate cash flow and built-in occupancy. Recent upgrades include a new roof and updated electrical systems, with initial steps taken toward permitting. The property is situated on a spacious lot with potential for an Accessory Dwelling Unit (ADU), although verification is required by the buyer. Located in a high-demand area near hospitals, transit options, and community resources, the property delivers stable returns with a 6% cap rate. It is suitable for mission-driven investors or owner-occupied operators, providing a pathway to expand both impact and income.
Key Highlights
- Immediate cash flow from three separate units with built‑in occupancy
- New roof and updated electrical system
- Spacious lot with ADU potential (buyer to verify)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
760
Businesses Nearby
Explore this area
Business Placement
Demographics for 91945, CA
27,814
Population
9,715
Households
2.9
Avg Household Size
38
Median Age
20%
College-Educated
89%
High-School Grad
4.0 sq mi
ZIP Area
6,954
Density / Sq Mi
$79,381
Median Household Income
$41,727
Median Earnings
$1,769
Median Rent
$640,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Well-maintained triplex with upgrades in high-demand location.
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 $1,400,000.
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; Spacious lot with ADU potential (buyer to verify)
