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Listed by: Caleb Mancini (858) 247-2487 DRE #02253641 | Apartment Realty Group (ARG) (619) 222-9500
$1,200,000
7 Beds
4 Baths
--sqft
7902 Lester Ave, Lemon Grove, CA 91945
$1,200,000
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Multi Family
Built in 1953
$-- HOA
-- sqft lot
--/sqft
Description
**4 UNITS, VALUE ADD, 6.91% PROFORMA CAP RATE** The property features three (3) 2bedroom/1bath units and one (1) 1bedroom/1bath unit, along with four (4) off-street parking spaces. There is approximately 132% upside in rental income and a new roof was installed in 2025. The location offers convenient access to local retail, transit, and community amenities, making it an attractive long-term rental market as the neighborhood continues to evolve. Surrounded by ongoing redevelopment projects and neighborhood investment, this property represents a compelling value-add opportunity at one of the best price points for a 4-unit in San Diego County. With renovations and re-tenanti...
Continue Reading- Houzeo last checked: 18 Minutes ago
- Listing updated: June 12, 2026 at 5:33 pm
- Source: California Regional MLS-CA | MLS#: 260009392SD
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1953
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
260009392SD
MLS Status
Active
Days on Market
65
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