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6816 Central AvenueLemon Grove, CA 91945

For Sale

$1,299,000

Smart Buyer Rebate $12,990

This well-maintained multi-family asset features three separate units and can be sold with independent living operation intact — 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-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. Buyer to inquire directly regarding business license and state application requirements. This is a rare chance to own a cash-flowing real estate asset with built-in social value.

Listed by Veronica Hosey

·

License #02020405

·

NB Elite Realty Inc

·

909-272-7187

Last updated October 23, 2025

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Source: CRMLS #PTP2505907

Listing Facts

  • TypeMulti-family
  • NeighborhoodLemon Grove
  • Days on Prevu81

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/21/2025
Price Decreased
$1,299,000
10/18/2025
Status changed to Active
$1,325,000
10/16/2025
Status changed to Removed from Feed
$1,325,000
10/05/2025
Status changed to Active
$1,325,000
10/03/2025
Status changed to Removed from Feed
$1,325,000
09/21/2025
Status changed to Active
$1,325,000
09/19/2025
Status changed to Removed from Feed
$1,325,000
09/18/2025
Status changed to Active
$1,325,000
09/17/2025
Status changed to Removed from Feed
$1,325,000
09/12/2025
Status changed to Active
$1,325,000
09/08/2025
Status changed to Removed from Feed
$1,325,000
09/08/2025
Status changed to Active
$1,325,000
09/06/2025
Status changed to Removed from Feed
$1,325,000
09/05/2025
Status changed to Active
$1,325,000
09/04/2025
Status changed to Removed from Feed
$1,325,000
09/01/2025
Status changed to Active
$1,325,000
08/29/2025
Status changed to Removed from Feed
$1,325,000
08/04/2025
Listed by NB Elite Realty Inc
$1,325,000

Property Details for 6816 Central Avenue

Association

Amenities

  • Community Features: Biking, Dog Park, Gutter(s), Storm Drain(s), Street Lights, Suburban

Exterior

Construction

  • Number Of Units Total: 3
  • Stories Total: 2
  • Year Built: 1947
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: street

Measurements

  • Building Area Total: 14,456
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.33
  • Lot Size Area: 14,456
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 14,456
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.5
  • Gross Income: $166,200.00
  • Operating Expense: $45,000.00

Taxes

  • Parcel Number: 4791001500

Other

Location

  • Tax Lot: /13

Parking

Parking

  • Open Parking Spaces: 10
  • Parking Total: 10

Utilities

Equipment

  • Laundry Features: Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Outside
  • Sewer: Public Sewer

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.