2673 Massachusetts Ave,Lemon Grove, CA 91945
Lemon Grove, CA 91945
Description
Discover a rare three-unit income property in the heart of Lemon Grovecompletely free of HOA restrictions. All units are spacious 2-bedroom, 1-bathroom layouts, including a converted garage that creates valuable extra living space. The main home sits at the front and currently rents for $2,500/month, while the two detached ADUseach with its own addressbring in $2,100 and $2,200/month. With long-term tenants already in place on annual leases, investors benefit from immediate, stable cash flow from day one. The main residence is a charming single-story home filled with natural light, original built-ins, and mature landscaping that offers both character and privacy. A fully fenced yard and functional layout enhance tenant livability and retention, while the property still provides upside through future cosmetic updates or repositioning. Centrally located near freeways, shopping, and dining, this asset is ideal for an investor seeking reliable returns in a strong rental marketor for an owner-occupant who wants to live in one unit while offsetting their mortgage with steady rental income from the others.
Details
| MLS # | 250039580SD |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1950 |
| Days On Site | 336 |
| Listing Provided By | Nara Advisors, Inc. | Jason Lee |
Features
| Story(s) | 1 |
|---|---|
| Units | 3 |
| Building(s) | 2 |
Interior
| Cooling | See Remarks |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
Area Information
| State | CA |
|---|---|
| County | San Diego |
| City | Lemon Grove |
| Zip Code | 91945 |
| Area | 91945 Lemon Grove |
| Community Name | Lemon Grove |
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Learn More About This Property
| State | CA |
|---|---|
| County | San Diego |
| City | Lemon Grove |
| Zip Code | 91945 |
| Area | 91945 Lemon Grove |
| Community Name | Lemon Grove |