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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
    : 
    $8,593/mo
    Get pre-qualified
    Triplex
    Built in 1955
    -- sqft lot
    $1,261,900 Zestimate®
    $234/sqft
    $-- HOA

    What's special

    Recently replaced roofOversized groundsThree individual residencesExpansive setting
    *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.**
    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#: PTP2607235MLS LogoOriginating 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

        DateEventPrice
        9/26/2026Listed for sale$1,289,000+17.2%$234/sqft
        Source: CRMLS #PTP2607235 Report a problem
        11/1/2023Sold$1,100,000+6%$200/sqft
        Source: CRMLS #PTP2303652 Report a problem
        10/2/2023Pending sale$1,037,500$189/sqft
        Source: CRMLS #PTP2303652 Report a problem
        9/15/2023Price change$1,037,500-1.2%$189/sqft
        Source: CRMLS #PTP2303652 Report a problem
        9/5/2023Price change$1,050,000-4.2%$191/sqft
        Source: CRMLS #PTP2303652 Report a problem
        8/18/2023Listed for sale$1,095,900$199/sqft
        Source: CRMLS #PTP2303652 Report a problem
        8/4/2023Pending sale$1,095,900$199/sqft
        Source: CRMLS #PTP2303652 Report a problem
        7/28/2023Listed for sale$1,095,900+104.8%$199/sqft
        Source: CRMLS #PTP2303652 Report a problem
        5/31/2006Sold$535,000$97/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 91945

        Getting around

        52 / 100
        Somewhat Walkable
        34 / 100
        Some Transit
        29 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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