Search
Three-Bedroom Multifamily Community
For Sale
$8,950,000

8694 Lemon Ave, La Mesa, CA 91941

24-unit multifamily property featuring three-bedroom, two-bath layouts with private yards and balconies, plus pool and community laundry.

Days on Market66

Property Features for 8694 Lemon Ave

General Information

Standard status Active
Property subtype Multi Family Home

Additional Details

Multifamily Units 24

Amenities

swimming pool
large patio with BBQ
community laundry facilities
extra storage
abundant on-site parking
Listing Agency: Eric D. Comer, Broker
Listed By: Eric D Comer · License #CA 00842230
Source: Americangrouponline
Added: May 27 Changed: Jul 22 Last Checked: Jul 31 at 12:48PM

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 Eric D. Comer, Broker

Investment Insights

Based on property information with market context.

This 24-unit multifamily offering consists entirely of three-bedroom, two-bathroom floor plans. Downstairs units include large private yards, while balconies are provided for 10 of the 14 upstairs units. Community amenities include a swimming pool, a large patio space with a BBQ area, community laundry facilities, extra storage, and abundant on-site parking.

The property is ideally situated near La Mesa Village in a highly walkable neighborhood with a Walk Score of 87. Residents have immediate access to restaurants, coffee shops, bars, and retail along La Mesa Blvd. The property is also approximately 0.8 miles from a San Diego Trolley station served by the Orange Line.

The current offering is positioned as a value-add opportunity, with the potential to upgrade unit interiors and the building exterior to pursue higher rents.

Key Highlights

  • 24‑unit multifamily with all units featuring 3‑bedroom, 2‑bath floor plans
  • Downstairs units include large private yards; 10 of 14 upstairs units offer balconies
  • Community amenities include a swimming pool, large patio space with BBQ, and community laundry facilities

Property Analytics

Current Use

Lemon Gardens Apartments Apartment Building

Suggested Use

Top Pick Catering Service (Bike/Boat/Book/etc) Store Daycare Center Fish Market Tanning Salon Buffet

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

24
Residential units

Location Intelligence

Trade Area within ½ mile

1,957
Businesses Nearby

Demographics for 91941, CA

33,895
Population
13,250
Households
2.6
Avg Household Size
41
Median Age
46%
College-Educated
95%
High-School Grad
8.2 sq mi
ZIP Area
4,134
Density / Sq Mi
$111,607
Median Household Income
$53,995
Median Earnings
$2,067
Median Rent
$884,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - 24-unit multifamily property featuring three-bedroom, two-bath layouts with private yards and balconies, plus pool and community laundry.
Where is this apartment building located?
The property is located at 8694 Lemon Ave La Mesa, CA.
What is the asking price?
The asking price for this property is $8,950,000.
What are key features of this property?
This property features: 24‑unit multifamily with all units featuring 3‑bedroom, 2‑bath floor plans; Downstairs units include large private yards; 10 of 14 upstairs units offer balconies; Community amenities include a swimming pool, large patio space with BBQ, and community laundry facilities
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message