Discover a rare three-unit income property in the heart of Lemon Grove—completely free of HOA restrictions. All units are spacious 2-bedroom, 1-bathroom layouts, including a converted garage that creates valuable extra living space. The main home sits at the front and currently rents for $2,500/month, while the two detached ADUs—each with its own address—bring in $2,100 and $2,200/month. With long-term tenants already in place on annual leases, investors benefit from immediate, stable cash flow from day one. The main residence is a charming single-story home filled with natural light, original built-ins, and mature landscaping that offers both character and privacy. A fully fenced yard and functional layout enhance tenant livability and retention, while the property still provides upside through future cosmetic updates or repositioning. Centrally located near freeways, shopping, and dining, this asset is ideal for an investor seeking reliable returns in a strong rental market—or for an owner-occupant who wants to live in one unit while offsetting their mortgage with steady rental income from the others.
For sale
$1,200,000
2673 Massachusetts Ave, Lemon Grove, CA 91945
6beds
--sqft
Est.:
Multi Family
Built in 1950
-- sqft lot
$1,216,400 Zestimate®
$--/sqft
$-- HOA
What's special
Fully fenced yardMature landscapingConverted garageFunctional layoutNatural lightOriginal built-insValuable extra living space
- 84 days |
- 335 |
- 9 |
Zillow last checked: 8 hours ago
Listing updated: October 01, 2025 at 11:21am
Listed by:
Jason J Lee DRE #02068011 858-336-9688,
Nara Advisors, Inc.
Source: SDMLS,MLS#: 250039580
Originating MLS: San Diego Association of REALTOR
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- Other/Remarks
Interior area
- Total structure area: 2,626
Video & virtual tour
Property
Features
- Levels: 1 Story
- Fencing: Other/Remarks
Details
- Parcel number: 4793501400
- Special conditions: Other/Remarks
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other/Remarks
- Roof: Other/Remarks
Condition
- Year built: 1950
Community & HOA
Community
- Security: Other/Remarks
- Subdivision: LEMON GROVE
Location
- Region: Lemon Grove
Financial & listing details
- Tax assessed value: $448,398
- Annual tax amount: $7,792
- Date on market: 9/22/2025
- Listing terms: Other/Remarks
- Tenant pays: Other/Remarks
Estimated market value
$1,216,400
$1.16M - $1.28M
$2,698/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2025 | Listed for sale | $1,200,000+80.5% |
Source: | ||
| 5/26/2004 | Sold | $665,000+189.1% |
Source: Public Record Report a problem | ||
| 6/20/2000 | Sold | $230,000+29.9% |
Source: Public Record Report a problem | ||
| 3/3/1994 | Sold | $177,000 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,792 +6.8% | $448,398 +2% |
| 2024 | $7,296 +2.1% | $439,607 +2% |
| 2023 | $7,144 +0.4% | $430,988 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$7,343/mo
Principal & interest
$5753
Property taxes
$1170
Home insurance
$420
Climate risks
Neighborhood: 91945
Nearby schools
GreatSchools rating
- 4/10San Miguel Elementary SchoolGrades: K-6Distance: 0.3 mi
- 5/10Lemon Grove Academy For The Sciences And HumanitiesGrades: 7-8Distance: 0.8 mi
- 4/10Mount Miguel High SchoolGrades: 9-12Distance: 1.7 mi
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