
Lemon Grove, California 91945
*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.**
Property is moderate renovation needed.
Built in 1955, this triplex is dated and shows visible signs of age on the exterior siding, weathered wooden railings, and cracked pavement. However, the recently replaced roof and functional separate utility meters keep it habitable and income-producing, requiring minor repairs and modernization rather than a complete rehab.
The triplex configuration with three separate addresses allows for flexible investment strategies, including house hacking or generating multiple rental income streams from a single parcel.
The oversized 14,456 sq. ft. parcel provides rare on-site parking for 10-15 vehicles and significant potential for future expansion or ADU development, subject to zoning.
A recently replaced roof and separate metering for gas and electricity reduce immediate capital expenditures and simplify tenant utility management for the owner.
While gas and electric are individually metered, the property relies on a single shared water meter, which can complicate expense allocation and increase owner overhead.
Originally built in 1955, the property may require ongoing maintenance or modernization of older systems and finishes to remain competitive in the rental market.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades 9-12 • 2.2 mi
Grades 9-12 • 6.8 mi
No sensitive facilities data found.
Sep 26, 2026
$1,289,000
Initial Listing
Nov 1, 2023
$1,100,000
Public Record
May 31, 2006
$535,000
Public Record