7163 Central Ave , Lemon Grove, CA 91945
$1,750,000
Est. Payment: $9,544.77/mo
6316 Sqft
0.46 Acres
Status: Active Under Contract | Days on site: 7
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11958 - 109465,115924
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House Description

Well-maintained 7-unit apartment property in Lemon Grove offered at $1,750,000. Built in approximately 1988 on a large 19,979 SF lot, the property features one 3-bedroom, 2.5-bath front house and six 2-bedroom units, including two townhomes. Two 2-bedroom units offer direct access to garages with washer/dryer hookups. The property includes 14 parking spaces, select private yards and balconies, separate SDG&E meters, and more than $90,000 in completed capital improvements, including plumbing, roofing, decking, stairways, and HVAC work. Current scheduled income is approximately $146,064, with estimated market income of approximately $199,200 and approximately $53,136 in potential annual gross-income upside. Conveniently located near State Routes 94 and 125, shopping, restaurants, La Mesa, Spring Valley, and Downtown San Diego. Buyer to verify all information and independently confirm income, expenses, rents, square footage, parking, and property characteristics. Please do not enter or walk the property, or contact any tenants or property management, without the prior approval of the Listing Agent.

Highlights

Listed by Eric von Bluecher , 760-929-7846 and Ivan Del Muro-Garcia , 619-623-2132 Lee & Associates , 760-929-9700. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.46

Year Built

1988

County

San Diego

Area

91945 - Lemon Grove

Listing ID

NDP2608624

Questions about this listing?

Contact Agent

Interior Features

Exterior Features

Lot:0-1 Unit/Acre,No Land Lease
Garage Capacity:14
Zoning:R-2
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Principal Interest
$9,545
Taxes
$1,116

Home Price

$1,750,000

Loan Details

30 yrs
7.244%

Down Payment

20%
$350,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,544.77

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,544.77 $1,115.63 $0.00 $10,660.40
Yearly $114,537.25 $13,387.50 $0.00 $127,924.75
Total $3,436,117.59 $401,625.00 $0.00 $3,837,742.59

Today's Rates

30 Year

7.24%

20 Year

7.12%

15 Year

6.61%

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Market insight data is pulled from the same city as the listing being viewed (Lemon Grove, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-03T05:14:28.000Z

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