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For sale
  • $1,200,000

    2673 Massachusetts Ave, Lemon Grove, CA 91945

    6beds
    --sqft
    : 
    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
    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.
    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#: 250039580MLS LogoOriginating 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
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    Estimated market value

    $1,216,400

    $1.16M - $1.28M

    $2,698/mo

    Price history

    Price history
    DateEventPrice
    9/22/2025Listed for sale$1,200,000+80.5%
    Source: SDMLS #250039580 Report a problem
    5/26/2004Sold$665,000+189.1%
    Source: Public Record Report a problem
    6/20/2000Sold$230,000+29.9%
    Source: Public Record Report a problem
    3/3/1994Sold$177,000
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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

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