3253 Acacia St,Lemon Grove, CA 91945
Lemon Grove, CA 91945
Description
Investment Opportunity in the Heart of Lemon Grove! Rare opportunity to own a versatile, income-producing property offering four separate living units and approximately $8,400 per month in rental income (over $100,000 annually). The property features a spacious 3-bedroom, 1-bath main residence, along with three additional ADUs, including: Attached 2-bedroom, 1-bath ADU Attached studio ADU with private bath Detached studio ADU with private bath. Whether you're an investor seeking immediate cash flow, completing a 1031 Exchange, or an owner-occupant looking to offset your mortgage with rental income, this property offers exceptional flexibility and earning potential. Situated on a generously sized lot in the desirable community of Lemon Grove, the property provides convenient access to Highways 94, 125, Interstate 8, and Interstate 805, making commuting throughout San Diego County simple. Downtown San Diego, Naval Base San Diego, SDSU, shopping centers, restaurants, parks, and public transportation are all just minutes away. Known as the "Best Climate on Earth," Lemon Grove offers residents a welcoming small-town atmosphere while remaining close to everything San Diego has to offer. The city continues to experience strong rental demand due to its affordability compared to many surrounding communities, making it an attractive location for both investors and tenants. Properties offering this level of income potential, flexibility, and location rarely become available. Investment Opportunity in the Heart of Lemon Grove! Rare opportunity to own a versatile, income-producing property offering four separate living units and approximately $8,400 per month in rental income (over $100,000 annually). The property features a spacious 3-bedroom, 1-bath main residence, along with three additional ADUs, including: Attached 2-bedroom, 1-bath ADU Attached studio ADU with private bath Detached studio ADU Whether you're an investor seeking immediate cash flow, completing a 1031 Exchange, or an owner-occupant looking to offset your mortgage with rental income, this property offers exceptional flexibility and earning potential. Situated on a generously sized lot in the desirable community of Lemon Grove, the property provides convenient access to Highways 94, 125, Interstate 8, and Interstate 805, making commuting throughout San Diego County simple. Downtown San Diego, Naval Base San Diego, SDSU, shopping centers, restaurants, parks, and public transportation are all just minutes away. Known as the "Best Climate on Earth," Lemon Grove offers residents a welcoming small-town atmosphere while remaining close to everything San Diego has to offer. The city continues to experience strong rental demand due to its affordability compared to many surrounding communities, making it an attractive location for both investors and tenants. Properties offering this level of income potential, flexibility, and location rarely become available.
Details
| MLS # | 260019521SD |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1948 |
| Days On Site | 95 |
| Listing Provided By | HomeSmart Realty West | Modesta Gilpin |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 2,320 |
| Garage | 2 |
| Story(s) | 1 |
| Zoning | R-1:SINGLE |
| Acreage | 0.19 |
Interior
| Cooling | Central Air, Wall Window Units |
|---|---|
| Heating | Forced Air, Fireplaces, See Remarks |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | All Bedrooms Down, Bedroom On Main Level |
| Fireplace Yes / No | No |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Vinyl Siding |
| Fencing | Wood |
Parking
| Parking Features | Driveway, On Street |
|---|---|
| Garage Yes / No | Yes |
Area Information
| State | CA |
|---|---|
| County | San Diego |
| City | Lemon Grove |
| Zip Code | 91945 |
| Area | 91945 Lemon Grove |
| Community Name | Lemon Grove |
| Listing VS Median (in Lemon Grove) | |
Price: $1,100,000 low | high Med: $699,999 sqft: 2,320 low | high Med: 1,472 $ / sqft: $474 low | high Med: $476 On site: 95 low | high Med: 33 | |
Market Activity 91945
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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 |
| Listing VS Median (in Lemon Grove) | |
Price: $1,100,000 low | high Med: $699,999 sqft: 2,320 low | high Med: 1,472 $ / sqft: $474 low | high Med: $476 On site: 95 low | high Med: 33 | |
