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7-Unit Apartment Building
For Sale
$1,750,000

7163-69 Central Ave, Lemon Grove, CA 91945

Residential income property with varied floor plans, townhome-style units, private outdoor areas, and separate utility metering.

Property SizeContact for details
Lot Size0.46 Acres
Days on Market8

Property Features for 7163-69 Central Ave

General Information

Standard status Active
Total Parking Spaces 14
Lot size 0.46 Acres
Property subtype Multi-Family

Financials

Asking Price $1,750,000
Gross Income $146,064

Units

Unit Mix 1 x 3BR/2.5BA, 6 x 2BR
Multifamily Units 7

Additional Details

Highway Access Yes

Amenities

private yards and balconies
washer/dryer hookups

Building Details

Year Built 1988
Listing Agency: Lee & Associates
Listed By: Eric von Bluecher evb@lee-associates.com
Source: Viewsandiegohouses
Added: Sep 13 Changed: Sep 16 Last Checked: Sep 19 at 10:00AM

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 Lee & Associates

Investment Insights

Based on property information with market context.

This apartment property comprises 7 units on a 19,979-square-foot lot, including a 3-bedroom, 2.5-bath front house and six 2-bedroom residences. Two of the 2-bedroom units are configured as townhomes, while two provide direct garage access and washer/dryer hookups. Select units include private yards or balconies, and the property has 14 parking spaces with separate SDG&E meters.

Constructed in approximately 1988, the property has received completed work involving plumbing, roofing, decking, stairways, and HVAC systems. Its Lemon Grove location provides access to State Routes 94 and 125, with shopping and restaurants nearby. La Mesa, Spring Valley, and Downtown San Diego are also identified in the surrounding area.

Key Highlights

  • 7 units: one 3‑bedroom, 2.5‑bath front house and six 2‑bedroom units
  • 19,979 SF lot with 14 parking spaces
  • Two 2‑bedroom townhomes; two 2‑bedroom units have direct garage access

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Electrical Service Skin Care Clinic Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,074
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Residential income property with varied floor plans, townhome-style units, private outdoor areas, and separate utility metering.
Where is this apartment building located?
The property is located at 7163-69 Central Ave Lemon Grove, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 7 units: one 3‑bedroom, 2.5‑bath front house and six 2‑bedroom units; 19,979 SF lot with 14 parking spaces; Two 2‑bedroom townhomes; two 2‑bedroom units have direct garage access
More about this property
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