Fully fenced yardMature landscapingConverted garageFunctional layoutNatural lightOriginal built-insValuable extra living space
Discover a rare three-unit income property in the heart of Lemon Grove—completely free of HOA restrictions. All units are spacious 2-bedroom, 1-bathroom layouts, including a converted garage that creates valuable extra living space. The main home sits at the front and currently rents for $2,500/month, while the two detached ADUs—each with its own address—bring in $2,100 and $2,200/month. With long-term tenants already in place on annual leases, investors benefit from immediate, stable cash flow from day one. The main residence is a charming single-story home filled with natural light, original built-ins, and mature landscaping that offers both character and privacy. A fully fenced yard and functional layout enhance tenant livability and retention, while the property still provides upside through future cosmetic updates or repositioning. Centrally located near freeways, shopping, and dining, this asset is ideal for an investor seeking reliable returns in a strong rental market—or for an owner-occupant who wants to live in one unit while offsetting their mortgage with steady rental income from the others.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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