3253 Acacia St, Lemon Grove, California 91945, Lemon Grove, 91945 - 3 bed, 1 bath
Loading property details...
3253 Acacia St
Lemon Grove, California 91945
ACTIVE
CONDITION: GOOD
3Beds
1Baths
2,320Sq Ft
8,100Lot Size
Property Price
LIST PRICE$1,100,000
EST. MARKET VALUE
$976,429
12% AboveMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity, listed at $1,300,000—positioned above the $1,191,760 Fair Market Value. While priced above current estimates, the asset generates $8,400 in monthly rental income, providing a robust High Rental Yield for income-focused portfolios. Featuring a 3-bedroom main residence plus three ADUs, the property offers significant Multi-Unit Versatility on an 8,100 sqft lot. With a Condition Rating of 3, this is a stable, income-producing asset ideal for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through house hacking.
Estimated Market Value
$976,429
Based on Realkey algorithm analyzing recent comparable sales in Lemon Grove.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3253 Acacia St Subject 3 bd · 1 ba · 2,320 sqft · $421 | $1,100,000* List Price | 3 | 1 | 2,320 | $421 | - |
A 2511 Camino De Las Palmas Sold 4 bd · 3 ba · 2,066 sqft · $419 · 0.9 mi | $865,000 | 4 | 3 | 2,066 | $419 | 0.9 mi |
B 22222 Debco Drive Sold 3 bd · 2 ba · 1,514 sqft · $515 · 0.5 mi | $780,000 | 3 | 2 | 1,514 | $515 | 0.5 mi |
C 2514 Buena Vista Sold 4 bd · 2 ba · 1,740 sqft · $497 · 0.7 mi | $864,999 | 4 | 2 | 1,740 | $497 | 0.7 mi |
D 7850 Deborah Sold 3 bd · 2 ba · 1,604 sqft · $549 · 0.3 mi | $880,000 | 3 | 2 | 1,604 | $549 | 0.3 mi |
E 2352 Cypress Avenue Sold 3 bd · 2 ba · 1,504 sqft · $522 · 0.7 mi | $785,000 | 3 | 2 | 1,504 | $522 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1948, the property shows clear signs of recent renovations (likely within the last 5-15 years). Interior photos reveal modern wood-look laminate flooring, updated recessed lighting, and fresh paint. The addition of three ADUs indicates significant capital improvement. It is move-in ready and functional, though the reliance on window AC units and some dated wood paneling in secondary areas keeps it from an 'Excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- High Rental Yield
The property generates approximately $8,400 in monthly rental income, offering an exceptional gross yield and immediate cash flow for investors or owner-occupants.
- Multi-Unit Versatility
Featuring a main residence plus three additional ADUs, the layout provides rare flexibility for multi-generational living, house hacking, or a diversified rental portfolio.
- Prime Commuter Location
Situated with easy access to four major highways and minutes from Downtown San Diego and SDSU, the property is positioned in a high-demand rental market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2320, other record living area = 1052. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Aging Infrastructure
Originally built in 1948, the property may require significant ongoing maintenance or capital improvements to aging systems across the four separate units.
- High Occupancy Density
With four units sharing an 8,100 sqft lot and the main 3-bedroom residence having only one bathroom, the high density may impact tenant privacy and parking availability.
About 3253 Acacia St
Investment Opportunity in the Heart of Lemon Grove! Rare opportunity to own a versatile, income-producing property offering four separate living units and approximately $8,400 per month in rental income (over $100,000 annually). The property features a spacious 3-bedroom, 1-bath main residence, along with three additional ADUs, including: • Attached 2-bedroom, 1-bath ADU • Attached studio ADU with private bath • Detached studio ADU with private bath. Whether you’re an investor seeking immediate cash flow, completing a 1031 Exchange, or an owner-occupant looking to offset your mortgage with rental income, this property offers exceptional flexibility and earning potential. Situated on a generously sized lot in the desirable community of Lemon Grove, the property provides convenient access to Highways 94, 125, Interstate 8, and Interstate 805, making commuting throughout San Diego County simple. Downtown San Diego, Naval Base San Diego, SDSU, shopping centers, restaurants, parks, and public transportation are all just minutes away. Known as the “Best Climate on Earth,” Lemon Grove offers residents a welcoming small-town atmosphere while remaining close to everything San Diego has to offer. The city continues to experience strong rental demand due to its affordability compared to many surrounding communities, making it an attractive location for both investors and tenants. Properties offering this level of income potential, flexibility, and location rarely become available. Investment Opportunity in the Heart of Lemon Grove! Rare opportunity to own a versatile, income-producing property offering four separate living units and approximately $8,400 per month in rental income (over $100,000 annually). The property features a spacious 3-bedroom, 1-bath main residence, along with three additional ADUs, including: • Attached 2-bedroom, 1-bath ADU • Attached studio ADU with private bath • Detached studio ADU Whether you’re an investor seeking immediate cash flow, completing a 1031 Exchange, or an owner-occupant looking to offset your mortgage with rental income, this property offers exceptional flexibility and earning potential. Situated on a generously sized lot in the desirable community of Lemon Grove, the property provides convenient access to Highways 94, 125, Interstate 8, and Interstate 805, making commuting throughout San Diego County simple. Downtown San Diego, Naval Base San Diego, SDSU, shopping centers, restaurants, parks, and public transportation are all just minutes away. Known as the “Best Climate on Earth,” Lemon Grove offers residents a welcoming small-town atmosphere while remaining close to everything San Diego has to offer. The city continues to experience strong rental demand due to its affordability compared to many surrounding communities, making it an attractive location for both investors and tenants. Properties offering this level of income potential, flexibility, and location rarely become available.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 8,100 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 2,320 | 1,364.171 |
| Lot Size | 8,100 | 7,694.526 |
| Price | $1.10M | $774.0K |
| Price per sq ft | $474 | $554 |
| Built year | 1948 | 1957 |
| HOA | $0 | $0 |
| Days on market | 76 | 41 |
Pricing History
Listed for Sale
Oct 21, 2026
$1,100,000
$1,300,000
-15% Price Drop
Initial Listing
Price Change
Aug 10, 2026
$1,300,000
Initial Listing
Sold
Aug 5, 2022
$695,000
Public Record