**4 UNITS, VALUE ADD, 6.91% PROFORMA CAP RATE** The property features three (3) 2bedroom/1bath units and one (1) 1bedroom/1bath unit, along with four (4) off-street parking spaces. There is approximately 132% upside in rental income and a new roof was installed in 2025. The location offers convenient access to local retail, transit, and community amenities, making it an attractive long-term rental market as the neighborhood continues to evolve. Surrounded by ongoing redevelopment projects and neighborhood investment, this property represents a compelling value-add opportunity at one of the best price points for a 4-unit in San Diego County. With renovations and re-tenanting, investors can unlock substantial NOI growth and capitalize on the area's upward trajectory.
|
DAYS ON MARKET
|
44
|
LAST UPDATED
|
4/20/2026
|
|
TRACT
|
LEMON GROVE
|
YEAR BUILT
|
1953
|
|
COMMUNITY
|
East County
|
COUNTY
|
San Diego
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
| AREA |
East County |
| CONSTRUCTION |
Stucco |
| LOT |
0 |
| LOT DIMENSIONS |
4,000-7,499 SF |
| STORIES |
2 |
| SUBDIVISION |
LEMON GROVE |
Listed with Apartment Realty Group (ARG)
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Properties on this website was last updated as recently as 6/4/26 2:49 AM PDT.
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