6816 Central Avenue, Lemon Grove, CA 91945
  • MLS#: PTP2505907 ( Triplex )
  • Street Address: 6816 Central Avenue
  • Viewed: 13
  • Price: $1,295,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1947
  • Bldg sqft: 0
  • Days On Market: 183
  • Additional Information
  • County: SAN DIEGO
  • City: Lemon Grove
  • Zipcode: 91945
  • Provided by: NB Elite Realty Inc
  • Contact: Veronica Veronica
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    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.
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Features
Assessments
  1. None
Association Fee
  1. 0.00
Building Area Total
  1. 14456.00
Cable Tv Expense
  1. 300.00
Common Walls
  1. No Common Walls
Days On Market
  1. 77
Electric Expense
  1. 1050.00
Entry Location
  1. street
Garage Spaces
  1. 0.00
Insurance Expense
  1. 14400.00
Laundry Features
  1. Common Area
  2. Electric Dryer Hookup
  3. Gas & Electric Dryer Hookup
  4. Individual Room
  5. Outside
  6. Washer Hookup
Lot Features
  1. 0-1 Unit/Acre
Netoperatingincome
  1. 121200.00
Newtaxesexpense
  1. 9950.00
Parcel Number
  1. 4791001500
Pest Control Expense
  1. 3500.00
Pool Features
  1. None
Professionalmanagementexpense
  1. 25000.00
Property Type
  1. Triplex
Sewer
  1. Public Sewer
Sourcesystemkey
  1. 400096472:CRP
Suppliesexpense
  1. 1200.00
Tenant Pays
  1. Janitorial Service
Totalexpenses
  1. 70600.00
Trash Expense
  1. 1200.00
Uncovered Spaces
  1. 10.00
Views
  1. 13
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/crmls/PTP2505907
Water Sewer Expense
  1. 8500.00
Year Built
  1. 1947
Year Built Source
  1. Assessor
Zoning
  1. Residential