7902 Lester Ave Ave, Lemon Grove, CA 91945 (MLS # 260009392SD)

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PRICE $1,200,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE n/a
LOT SIZE n/a

**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-tenanting, investors can unlock substantial NOI growth and capitalize on the area's upward trajectory.

DAYS ON MARKET 1 LAST UPDATED 4/20/2026
TRACT Lemon Grove YEAR BUILT 1953
COMMUNITY 91945 - Lemon Grove COUNTY San Diego
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
AREA 91945 - Lemon Grove
LOT 0
STORIES 2
SUBDIVISION Lemon Grove
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Listed with Apartment Realty Group (ARG)

Based on information from CRMLS as of 4/21/26 5:12 AM PDT. The information being provided by CRMLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

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