Lemon Grove Homes with Triplex Subtype

Lemon Grove Homes with Triplex Subtype

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Newest Lemon Grove Homes with Triplex Subtype

$1,289,000
4 Beds ⋅ 3 Baths ⋅ PTP2607235 MLS ⋅ Active Status
*THREE RESIDENCES. ONE EXPANSIVE PARCEL. MULTIPLE POSSIBILITIES.* Discover a distinctive multi-residential opportunity in the heart of Lemon Grove. Positioned on an impressive approximately **14,456 sq. ft. parcel (0.33 acres)**, this three-unit property offers an attractive combination of existing income potential, substantial lot size, and long-term investment versatility. The property features **three individual residences** with a combined **4 bedrooms and 3 bathrooms**: one spacious **2-bedroom, 1-bath residence** complemented by two **1-bedroom, 1-bath residences**. Individual addresses**6816, 6818, and 6820 Central Avenue**create a unique multi-unit configuration well suited for a variety of ownership strategies. A **recently replaced roof** adds meaningful value, while separate utility metering provides added convenience and efficiency, including **three electric meters and three gas meters**. Water is serviced through one shared meter, and gas and electric dryer hookups are available. Beyond the residences, the oversized grounds are a standout feature. With approximately **10–15 parking spaces**, the property provides uncommon on-site capacity and an expansive setting that may offer a future owner additional possibilities. Any potential expansion, redevelopment, or alternative use is subject to applicable zoning, permits, and independent verification with the City of Lemon Grove. Ideally positioned near shopping, schools, transportation, major thoroughfares, and neighboring San Diego communities, this property presents a compelling opportunity for an **investor, portfolio builder, or owner-occupant** seeking flexibility and multiple income streams. **Occupy one residence and generate income from the remaining units, or operate all three as part of a long-term investment strategy. With three residences on one substantial parcel, 6816–6820 Central Avenue offers more than rental income it offers options.**

6816 20 Central Avenue, Lemon Grove
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.