Multifamily

Lemon Grove, CA Multifamily Properties 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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Multifamily Property with ADU Potential
Updated: Mar 11
Multifamily Property with ADU Potential

6816 Central Ave, Lemon Grove, CA 91945

$1,400,000
0.33 AC lot
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)
Located in a high‑demand area near hospitals, transit, and community resources
Stable returns with a 6% cap rate
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Four-Unit Residential Income Property
Four-Unit Residential Income Property

8-7902 Lester Ave, Lemon Grove, CA 91945

$1,200,000

Four-unit rental property with a new 2025 roof and off-street parking for daily convenience.

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Duplex on Large Corner Lot
Duplex on Large Corner Lot

18-7316 Pacific Ave, Lemon Grove, CA 91945

$899,999

Two income units with private yards and multiple interior upgrades, offering flexible living or rental configurations.

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Updated Homes on Expansive Parcel
Updated Homes on Expansive Parcel

14 Palm St, Lemon Grove, CA 91945

$956,000

Two updated homes on one large parcel in Lemon Grove.

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Lemon Grove Multifamily Investment Opportunity
Lemon Grove Multifamily Investment Opportunity

7902 Lester Ave, Lemon Grove, CA 91945

$1,200,000

Four units with value-add potential in a walkable neighborhood.

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Four Units on Large Lot
Four Units on Large Lot

8050 52 Lemon Grove Way, Lemon Grove, CA 91945

$1,250,000

Four large 2-bedroom units on over half acre lot.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Lemon Grove, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 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.

La Mesa Townhome Community
La Mesa Townhome Community

7125 Waite Dr, San Diego, CA 91941

$3,960,000
10,380 sqft 0.48 AC lot

Twelve-unit townhome community with two-bedroom units and recent upgrades.

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La Mesa Duplex with ADU Permits
La Mesa Duplex with ADU Permits

28 Edenvale Ave, La Mesa, CA 91941

$1,435,000
1,125 sqft

Income-producing duplex with approved ADU permits in La Mesa.

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Duplex with Upgraded Units
Duplex with Upgraded Units

8125-27 Helm, San Diego, CA 92114

$725,000
2,130 sqft

Investment opportunity: two upgraded units with long-term tenants.

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Renovated 20-Unit Garden-Style Apartment
Renovated 20-Unit Garden-Style Apartment

7025 Boulevard Drive, La Mesa, CA 91941

$5,450,000

Renovated garden-style multifamily with a balanced unit mix and gated parking, positioned near major transportation corridors.

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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.

Lakefront Vacant Lot Opportunity
Lakefront Vacant Lot Opportunity

35109 Highway 79 Spc 71, Warner Springs, CA 92086

$115,000
0.12 AC lot

Lakefront lot in a 55+ community with utilities connected and architectural plans to support immediate home design.

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Recreational Land with Outdoor Living
Recreational Land with Outdoor Living

45525-lot 430 Highway 79, Aguanga, CA 92536

$189,900

Land with build-out areas, outdoor kitchen, and resort amenities.

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Usable 20 Acres in Aguanga
Usable 20 Acres in Aguanga

47925 Chris Allen Way, Aguanga, CA 92536

$98,000
20.02 AC lot

20 acres of usable land with gentle terrain.

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Residential Land Parcel
Residential Land Parcel

23700 Oak Circle Drive, Wildomar, CA 92595

$1,150,000
10.06 AC lot

Residential land parcel zoned MO with a lot size of 10.06 acres.

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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
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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
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2485 Washington St
MOBILE HOME PARK, TRAILER PARK

2485 Washington St, Lemon Grove, CA 91945

$2,085,000
Estimated value
7.43 AC lot
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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
7872 Nn Ave
MOBILE HOME PARK, TRAILER PARK

7872 Nn Ave, Lemon Grove, CA 91945-1824

$3,880,000
Estimated value
1,056 sqft 0.87 AC lot
View details

Lemon Grove, CA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Lemon Grove, CA, showcased through 7 active listings 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 multifamily properties 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Quadplexes 4
Triplexes 3
Duplexes 2
Apartment buildings 1

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 $1.6M

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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