8-7902 Lester Ave, Lemon Grove, CA 91945 | $1,200,000 |...

ActiveNew Listing

8-7902 Lester Ave

Lemon Grove

N/A Beds

N/A Baths

N/A Sq Ft

Built 1953

$1,200,000.00

Est. $3,333.00/mo

1 / 10

N/A

Bedrooms

N/A

Bathrooms

N/A

Sq Ft

1953

Built

Property Overview

**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.

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Home Details

Home Type

ResidentialIncome

Year Built

1953

Parking Spaces

N/A

info not available

Lot Size

N/A

square feet

School District

N/A

public schools

Days on Market

recently listed

Property Views

N/A

scenic views

MLS Status

Active

listing status

Community & Neighborhood

Subdivision

Lemon Grove

Amenities

No specific amenities listed

Recreation

Recreation info not available

Location & Neighborhood

Location data not available

Frequently Asked Questions

The current asking price is $1,200,000.00. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. For the most current pricing information, please contact our team or check the listing page regularly.

Yes, you can schedule a viewing of 8-7902 Lester Ave by contacting our team. We offer both in-person and virtual tour options. Simply fill out the contact form on this page or call us to arrange a convenient time for your visit.

This this property property at 8-7902 Lester Ave offers generous living space. Built in 1953, The property features ResidentialIncome style architecture. For a complete list of features and amenities, please review the property details above or contact us for more information.

This property is located in Lemon Grove, CA. The area offers convenient access to local amenities, schools, and services. For specific neighborhood information, school ratings, and nearby attractions, we recommend visiting the area or contacting our team for a detailed neighborhood guide.

Yes, financing options are typically available for qualified buyers. We recommend getting pre-approved for a mortgage before making an offer. Our team can connect you with trusted lenders who specialize in Lemon Grove real estate. The estimated monthly payment calculator on this page can help you estimate your costs.

This property is currently Active. It has been on the market for 1 days. Status can change quickly in today's market, so we recommend acting promptly if you're interested. Contact us for the most up-to-date availability information.

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Crown Coastal Support Team

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“Reza was the best agent we have ever worked with.”— Russell & Susan McQueen

Down Payment20% ($240,000)

Interest Rate6.50%

Principal & Interest$6,068/mo

Property Tax$1,100/mo

Insurance$150/mo

Total Monthly$7,318/mo

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Listing Agent

Name: Caleb Mancini

Email: caleb.mancini@arg1031.com

DRE#: SAND-709820

Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2026-06-04 02:57:18 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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