46
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$1,200,000
Est. payment /mo
New
2673 Massachusetts Ave Lemon Grove, CA 91945
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Lemon Grove
MLS Listing ID 250039580SD
HOA Y/N No
Year Built 1950
Property Description
Discover a rare three-unit income property in the heart of Lemon Grove—completely 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 ADUs—each with its own address—bring 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 market—or for an owner-occupant who wants to live in one unit while offsetting their mortgage with steady rental income from the others.
Location
State CA
County San Diego
Area 91945 - Lemon Grove
Building/Complex Name Lemon Grove
Interior
Cooling See Remarks
Fireplace No
Exterior
View Y/N No
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 4793501400
Listed by Jason Lee Nara Advisors, Inc.
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