$1,325,000

6816 Central Ave Unit 20 Lemon Grove, CA 91945

Estimated payment $8,580/month

Total Views 195
1 Bed
1 Bath
14,456 Sq Ft
$92 Price per Sq Ft

Highlights

  • No HOA
  • Bike Trail
  • No Heating
  • Laundry Room
  • Dog Park

About This Home

Exceptional opportunity to acquire a fully operational sober living business and triplex property in one turn-key package. This well-maintained multi-family asset features three separate units and is being sold with the sober living operation intact — offering immediate cash flow and built-in occupancy. Ideal for mission-driven investors or owner-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. Buyer to inquire directly regarding business license and state application requirements. This is a rare chance to own a cash-flowing real estate asset with built-in social value.

Listing Agent

Veronica Hosey

NB Elite Realty Inc License #02020405 Listed on: 08/04/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 0.33 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Triplex

Interior Spaces

  • 14,456 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Suburban Location
  • No Heating

Listing and Financial Details

  • Tax Lot /13
  • Tax Tract Number 33
  • Assessor Parcel Number 4791001500
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Recreation

  • Dog Park
  • Bike Trail

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Cable TV Expense $300
  • Electric Expense $1,050
  • Insurance Expense $14,400
  • Pest Control $3,500
  • Professional Management Expense $25,000
  • Supplies Expense $1,200
  • Trash Expense $1,200
  • Water Sewer Expense $8,500
  • Security Expense $5,500
  • New Taxes Expense $9,950
  • Operating Expense $70,600
  • Gross Income $166,200
  • Net Operating Income $121,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 6.50
  • Price Per Unit: 441667
  • Professional Management Expense: 25000.00
  • Property Attached: No
  • Security Expense: 5500.00
  • Supplies Expense: 1200.00
  • View: No
  • Water Sewer Expenses: 8500.00
  • Zoning: Residential
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 4791001500
  • Year Built: 1947
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: street
  • Common Walls: No Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 91.66

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 10.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Common Area, Electric Dryer Hookup, Gas & Electric Dryer Hookup, Individual Room, Outside, Washer Hookup
  • Pest Control Expense: 3500.00
  • Sewer: Public Sewer
  • Trash Expense: 1200.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Storm Drains, Street Lights, Suburban, Biking, Dog Park

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 14456.00
  • Lot Size Acres: 0.3319

Rental Info

  • Tenant Pays: Janitorial Service

Multi Family

  • Cable TV Expense: 300.00
  • Electric Expense: 1050.00
  • Gross Income: 166200.00
  • Gross Scheduled Income: 166200.00
  • Insurance Expense: 14400.00
  • Lot Size Area: 14456.0000 Square Feet
  • Net Operating Income: 121200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Number Wall A C: 1
  • Number With Disposal: 3
  • Number With Drapes: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 45000.00
  • Rent Control: No
  • Total Expenses: 70600.00
  • Vacancy Allowance Rate: 15.00

Tax Info

  • New Taxes Expense: 9950.00
  • Tax Lot: /13
  • Tax Tract Number: 00033

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 For Sale $1,325,000 -- $92 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2505907

California Regional Multiple Listing Service (CRMLS)

APN: 479-100-15-00