This well-maintained multi-family asset features three separate units — offering immediate cash flow and built-in occupancy. Property recent upgrades feature a new roof, updated electrical and the initial steps towards permitting. Ideal for mission-driven investors or owner-occupied operators, the property sits on a spacious lot with ADU potential (buyer to verify), providing a pathway to expand both impact and income. Located in a high-demand area near hospitals, transit, and community resources, the property delivers stable returns with a 6% cap rate. This is a rare chance to own a cash-flowing real estate asset with built-in social value.
For sale
Listing Provided by:
Veronica Hosey DRE #02020405 909-272-7187,
NB Elite Realty Inc
Price increase: $80K (12/15)
$1,375,000
6816 Central Ave, Lemon Grove, CA 91945
1beds
1baths
14,456sqft
Est.:
Triplex
Built in 1947
-- sqft lot
$1,322,600 Zestimate®
$95/sqft
$-- HOA
What's special
Spacious lot
- 139 days |
- 235 |
- 7 |
Zillow last checked: 8 hours ago
Listing updated: December 15, 2025 at 12:19am
Listing Provided by:
Veronica Hosey DRE #02020405 909-272-7187,
NB Elite Realty Inc
Source: CRMLS,MLS#: PTP2505907
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Appliances
- Laundry: Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Outside
Features
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 14,456
- Total interior livable area: 14,456 sqft
Video & virtual tour
Property
Parking
- Total spaces: 10
- Uncovered spaces: 10
Features
- Entry location: street
- Pool features: None
Lot
- Size: 0.33 Acres
- Features: 0-1 Unit/Acre
Details
- Parcel number: 4791001500
- Zoning: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Features: Biking, Dog Park, Gutter(s), Storm Drain(s), Street Lights, Suburban
Location
- Region: Lemon Grove
Financial & listing details
- Price per square foot: $95/sqft
- Date on market: 8/4/2025
- Cumulative days on market: 139 days
- Listing terms: Cash,Cash to Existing Loan,Conventional,Cal Vet Loan,1031 Exchange,FHA 203(b),FHA 203(k),FHA,Government Loan,Submit,VA Loan
- Total actual rent: 13850
- Tenant pays: Janitorial Service
Estimated market value
$1,322,600
$1.26M - $1.39M
$1,540/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/15/2025 | Price change | $1,375,000+6.2%$95/sqft |
Source:  CRMLS #PTP2505907 Report a problem | ||
| 11/12/2025 | Price change | $1,295,000-0.3%$90/sqft |
Source: CRMLS #PTP2505907 Report a problem | ||
| 10/21/2025 | Price change | $1,299,000-2%$90/sqft |
Source: CRMLS #PTP2505907 Report a problem | ||
| 8/4/2025 | Listed for sale | $1,325,000$92/sqft |
Source: CRMLS #PTP2505907 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$8,344/mo
Principal & interest
$6522
Property taxes
$1341
Home insurance
$481
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: 1.3 mi
- 4/10Mount Miguel High SchoolGrades: 9-12Distance: 2.3 mi
- Loading
- Loading
