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Residential Income for sale : 6 bedrooms : 2673 Massachusetts Ave in Lemon Grove

2673 Massachusetts Ave Lemon Grove

Main Photo: Residential Income for sale : 6 bedrooms : 2673 Massachusetts Ave in Lemon Grove
$1,200,000
Prop. Type:
Residential Income
MLS® Num:
250039580
Status:
Active
Bedrooms:
6
Bathrooms:
3
Year Built:
1950
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.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
2
County Or Parish:
San Diego
Market Area:
East County
Neighborhood Code:
Rancho Mission of San Diego
Name of Complex/Subdivision:
LEMON GROVE
Building Name:
Lemon Grove
Total Building Area:
Switch units of measure2,626 sq. ft.
Total Floor Area:
Switch units of measure0 sq. ft.
Total Bedrooms:
6
Bathrooms:
3
Full Bathrooms:
3
Half Bathrooms:
0
Stories:
1 Story
Total Stories:
1
Year Built:
1950
Age (in years):
Switch units of measure75 year(s)
Short Sale:
false
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Other/Remarks
Cap Rate.:
0.0
Gross scheduled income:
0.0
Other income actual:
0
Operating expense:
0.0
Gross Rent Multiplier:
0.0
Number of Units:
3
Number of Units with Cooling:
3
Tenant pays:
Other/Remarks
Unit Number for Unit 1:
2673 A
Unit Number for Unit 2:
2673 B
Unit Number for Unit 3:
2673 C
Projected Rent for Unit 1:
$3,000
Projected Rent for Unit 2:
$2,700
Projected Rent for Unit 3:
$2,700
Special Listing Conditions:
Other/Remarks
Age Restrictions:
N/K
Construction Material:
Other/Remarks
Lot Size:
Switch units of measure0 sq. ft.
Parcel Number:
479-350-14-00
Cooling:
Other/Remarks
Roof:
Other/Remarks
Security:
Other/Remarks
Fencing:
Other/Remarks
Listed by Nara Advisors, Inc.
Data was last updated December 16, 2025 at 07:10 AM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty

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