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Pending
  • Listed by: NB Elite Realty Inc • Veronica Hosey • Contact: 909-272-7187
    $1,400,000

    6816 Central Ave, Lemon Grove, CA 91945

    4beds
    3baths
    14,456sqft
    : 
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    Triplex
    Built in 1947
    -- sqft lot
    $1,366,900 Zestimate®
    $97/sqft
    $-- HOA

    What's special

    Spacious lot
    This well-maintained multi-family asset features three separate units — offering immediate cash flow and built-in occupancy. Property recent upgrades feature a new roof, updated electrical and the initial steps towards permitting. Ideal for mission-driven investors or owner-occupied operators, the property sits on a spacious lot with ADU potential (buyer to verify), providing a pathway to expand both impact and income. Located in a high-demand area near hospitals, transit, and community resources, the property delivers stable returns with a 6% cap rate. This is a rare chance to own a cash-flowing real estate asset with built-in social value.
    151 days
    |
    12
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Veronica Hosey DRE #02020405 909-272-7187,

    NB Elite Realty Inc

    Source: CRMLS,MLS#: PTP2505907MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      Appliances
      • Laundry: Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Outside
      Features
      • Has fireplace: No
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 14,456
      • Total interior livable area: 14,456 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 10
      • Uncovered spaces: 10
      Features
      • Entry location: street
      • Pool features: None
      Lot
      • Size: 0.33 Acres
      • Features: 0-1 Unit/Acre
      Details
      • Parcel number: 4791001500
      • Zoning: Residential
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      Condition
      • Year built: 1947

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Features: Biking, Dog Park, Gutter(s), Storm Drain(s), Street Lights, Suburban
      Location
      • Region: Lemon Grove

      Financial & listing details

      • Price per square foot: $97/sqft
      • Date on market: 8/4/2025
      • Cumulative days on market: 151 days
      • Listing terms: Cash,Cash to Existing Loan,Conventional,Cal Vet Loan,1031 Exchange,FHA 203(b),FHA 203(k),FHA,Government Loan,Submit,VA Loan
      • Total actual rent: 13850
      • Tenant pays: Janitorial Service

        Estimated market value

        $1,366,900

        $1.30M - $1.44M

        $1,783/mo

        Price history

        DateEventPrice
        2/19/2026Pending sale$1,400,000$97/sqft
        Source: CRMLS #PTP2505907 Report a problem
        1/2/2026Contingent$1,400,000+1.8%$97/sqft
        Source: CRMLS #PTP2505907 Report a problem
        12/15/2025Price change$1,375,000+6.2%$95/sqft
        Source: CRMLS #PTP2505907 Report a problem
        11/12/2025Price change$1,295,000-0.3%$90/sqft
        Source: CRMLS #PTP2505907 Report a problem
        10/21/2025Price change$1,299,000-2%$90/sqft
        Source: CRMLS #PTP2505907 Report a problem
        8/4/2025Listed for sale$1,325,000$92/sqft
        Source: CRMLS #PTP2505907 Report a problem

        Public tax history

        Tax history is unavailable.

        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.
        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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        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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