*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.**
For sale
Listed by: Real Broker • Douglas Webb • Contact: 310-722-3303
$1,289,000
6816-20 Central Ave, Lemon Grove, CA 91945
4beds
5,500sqft
Triplex
Built in 1955
-- sqft lot
$1,261,900 Zestimate®
$234/sqft
$-- HOA
What's special
Recently replaced roofOversized groundsThree individual residencesExpansive setting
- 22 days
- 525
- 16
Zillow last checked:
Listing updated:
Listed by:
Douglas Webb DRE #01980279 310-722-3303,
Real Broker,
Louis Pisano DRE #02140602 908-309-1087,
Real Broker
Source: CRMLS,MLS#: PTP2607235
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Family Room, Kitchen, Laundry
Cooling
- None
Appliances
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 5,500 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Entry location: front
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 0.33 Acres
- Features: 0-1 Unit/Acre
Details
- Parcel number: 4791001500
- Zoning: R-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- Year built: 1955
Community & HOA
Community
- Features: Suburban
Location
- Region: Lemon Grove
Financial & listing details
- Price per square foot: $234/sqft
- Tax assessed value: $1,144,440
- Date on market: 9/26/2026
- Cumulative days on market: 22 days
- Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
Estimated market value
$1,261,900
$1.20M - $1.32M
$3,201/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2026 | Listed for sale | $1,289,000+17.2%$234/sqft |
Source: | ||
| 11/1/2023 | Sold | $1,100,000+6%$200/sqft |
Source: | ||
| 10/2/2023 | Pending sale | $1,037,500$189/sqft |
Source: | ||
| 9/15/2023 | Price change | $1,037,500-1.2%$189/sqft |
Source: | ||
| 9/5/2023 | Price change | $1,050,000-4.2%$191/sqft |
Source: | ||
| 8/18/2023 | Listed for sale | $1,095,900$199/sqft |
Source: | ||
| 8/4/2023 | Pending sale | $1,095,900$199/sqft |
Source: | ||
| 7/28/2023 | Listed for sale | $1,095,900+104.8%$199/sqft |
Source: | ||
| 5/31/2006 | Sold | $535,000$97/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,144,440 +2% |
| 2025 | $14,128 +7.2% | $1,122,000 +2% |
| 2024 | $13,175 +28% | $1,100,000 +58.1% |
| 2023 | $10,289 +0.5% | $695,829 +2% |
| 2022 | $10,241 +6.8% | $682,186 +9.1% |
| 2021 | $9,586 +11.1% | $625,000 +13.6% |
| 2020 | $8,631 +32.4% | $550,000 +2.8% |
| 2019 | $6,517 -21.7% | $535,000 +0.9% |
| 2018 | $8,322 +24.9% | $530,000 +34.2% |
| 2017 | $6,663 +6.4% | $395,000 +5.3% |
| 2016 | $6,261 +2.4% | $375,000 +4.2% |
| 2015 | $6,116 +10.7% | $360,000 +12.1% |
| 2014 | $5,523 | $321,000 +3.5% |
| 2013 | -- | $310,000 |
| 2012 | -- | $310,000 |
| 2011 | -- | $310,000 -44.7% |
| 2010 | -- | $560,845 -0.2% |
| 2009 | -- | $562,179 +2% |
| 2008 | -- | $551,157 +2% |
| 2007 | -- | $540,350 +229.5% |
| 2006 | -- | $163,978 +2% |
| 2005 | -- | $160,764 +2% |
| 2004 | -- | $157,613 +1.9% |
| 2003 | -- | $154,725 +2% |
| 2002 | -- | $151,692 +2% |
| 2001 | -- | $148,718 |
Find assessor info on the county website
Monthly payment
Est. payment




