3253 Acacia St, Lemon Grove, CA 91945

$1,300,000
3
BD
1
BA
2,320
SqFt

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List Price
$1,300,000
Status
ACTIVE
Days on Market
1
MLS#
260019521
Subtype
Residential
Year Built
1948
Bedrooms
3
Bathrooms
1
Full Baths
1
Living Area
2,320
Lot Size
8,100
Acres
0.19
Subdivision
Lemon Grove
Neighborhood
Lemon Grove
MLS Area Major
San Diego Central

Property 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.

Additional Information

Zoning
R-1:SINGLE
Heating
Fireplace, Forced Air
Air Conditioning
Central Air, Window/Wall
Levels
One
Roof
Shingle
Parking Features
Tandem
Garage Spaces
2

Mortgage Calculator

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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Modesta A Gilpin (951-551-3259) from Listing Office: HomeSmart Realty West.

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