
Lemon Grove, California 91945
This property presents a High-Potential Investment Opportunity with a List Price of $599,000—positioned well above the $519,387 Fair Market Value by -15%. Featuring Commercial Zoning and a dual-unit layout, this Fair Condition Rating asset requires significant oversight regarding unpermitted construction. The dual-frontage lot offers strategic accessibility near major retail, providing a unique value-add proposition. This is a complex acquisition ideal for Buy-and-Hold Investors or Commercial Developers capable of navigating zoning and permitting requirements to maximize long-term rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7680 Lemon Ave Subject | $599,000* List Price | 2 | 1 | 700 | $742 | - |
A 7570 Cuyamaca Avenue Sold | $522,500 | 2 | 1 | 745 | $701 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1953 (71 years old) with no evidence of renovations. The property shows significant neglect, including an exposed water heater, crumbling stucco, and dilapidated fencing. Marketed as an 'investor opportunity' with commercial zoning and unpermitted units, it likely holds value primarily in the land.
The property features two separate living spaces, including a 2-bed/1-bath front unit and a 1-bed/1-bath back unit with separate access, offering excellent potential for rental income or multi-generational living.
Zoned as commercial, this property provides significant long-term value and flexibility for investors or business owners looking to capitalize on a high-traffic location.
Situated just one block from major retail like Home Depot, the lot offers dual frontage on both the avenue and the alley, ensuring superior accessibility and visibility.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The legality and construction permits for the second unit are unknown, which may pose challenges for traditional financing and require the buyer to assume potential compliance risks.
With over 250 days on the market and a recent price reduction, the property may face perception issues regarding its value or the complexity of its commercial zoning in a residential context.
“Great Investor Opportunity. Just one block from The Home Depot in Lemon Grove on Broadway Ave, Excellent location, with frontage on both the avenue and the alley. Front unit offers 2 beds/1 bath, plus an additional 1 bed/1 bath in the back unit with separate access. Construction permits for the second unit are unknown Zoning is commercial. Buyer and buyer’s agent to verify all information to satisfy themselves prior to COE.”
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 700 | 1,409.923 |
| Lot Size | - | 7,779.169 |
| Price | $599.0K | $781.0K |
| Price per sq ft | $856 | $565 |
| Built year | 1953 | 1956 |
| HOA | $0 | $0 |
| Days on market | 263 | 35 |
Aug 23, 2026
$599,000
$650,000
-8% Price Drop
Initial Listing
Dec 20, 2025
$650,000
Initial Listing