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Back$1,289,0004 bd3 ba5,500 sqft

$1,289,000For sale

6816 20 Central Avenue

Lemon Grove, CA 91945 · MLS# PTP2607235

Listing courtesy of Real Broker
  • 4Beds
  • 3Baths
  • 5,500Sq Ft
  • 1955Year Built

About This Home

*THREE RESIDENCES. ONE EXPANSIVE PARCEL. MULTIPLE POSSIBILITIES.* Discover a distinctive multi-residential opportunity in the heart of Lemon Grove. Positioned on an impressive approximately **14,456 sq. ft. parcel (0.33 acres)**, this three-unit property offers an attractive combination of existing income potential, substantial lot size, and long-term investment versatility. The property features **three individual residences** with a combined **4 bedrooms and 3 bathrooms**: one spacious **2-bedroom, 1-bath residence** complemented by two **1-bedroom, 1-bath residences**. Individual addresses**6816, 6818, and 6820 Central Avenue**create a unique multi-unit configuration well suited for a variety of ownership strategies. A **recently replaced roof** adds meaningful value, while separate utility metering provides added convenience and efficiency, including **three electric meters and three gas meters**. Water is serviced through one shared meter, and gas and electric dryer hookups are available. Beyond the residences, the oversized grounds are a standout feature. With approximately **10–15 parking spaces**, the property provides uncommon on-site capacity and an expansive setting that may offer a future owner additional possibilities. Any potential expansion, redevelopment, or alternative use is subject to applicable zoning, permits, and independent verification with the City of Lemon Grove. Ideally positioned near shopping, schools, transportation, major thoroughfares, and neighboring San Diego communities, this property presents a compelling opportunity for an **investor, portfolio builder, or owner-occupant** seeking flexibility and multiple income streams. **Occupy one residence and generate income from the remaining units, or operate all three as part of a long-term investment strategy. With three residences on one substantial parcel, 6816–6820 Central Avenue offers more than rental income it offers options.**

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Property at a Glance: 6816 20 Central Avenue

This triplex property at 6816 20 Central Avenue, Lemon Grove, CA 91945 is for sale at $1,289,000. The home has 4 bedrooms, 3 bathrooms and 5,500 square feet of living space. It was built in 1955 and sits on a lot of 0.33 acres. That comes to about $234 per square foot. Reach out to set up a showing or ask for more details about this home.

Snapshot

Status
For sale
Price
$1,289,000
Bedrooms
4
Bathrooms
3
Full Baths
3
Property Type
Triplex
Year Built
1955
Square Feet
5,500
Lot Size
0.33 acres
Days on Market
3
MLS #
PTP2607235
Price per Sq Ft
$234
County
San Diego

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Property Details

Building
Property Type: Triplex
Year Built: 1955
Stories: 1
Land
Lot Size: 0.33 acres
View: Neighborhood
Lot Features: 0-1 Unit/Acre
Money
County: San Diego
HOA: Not provided
HOA Fee: $0 (frequency not provided)
Rooms
Cooling: None
Fireplace: None
Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Structures
Garage Spaces: 0
Pool: None

Living in Lemon Grove, CA

6816 20 Central Avenue is in Lemon Grove, CA, in San Diego County. Ask Brad & Karen Mattonen about other homes for sale in Lemon Grove and what nearby homes have sold for.

Location

6816 20 Central Avenue, Lemon Grove, CA 91945 Open in Google Maps

Mortgage Calculator

Estimated Monthly Payment$6,518
$1,031,200Loan Amount
$257,800Down Payment
$1,315,239Total Interest

Principal and interest only. Taxes, insurance and HOA dues are extra.

Brad & Karen Mattonen Can Answer Your Questions About This Home

Why Work With Brad & Karen Mattonen?

Buying a home in Lemon Grove, CA goes better with a local agent on your side. Brad & Karen Mattonen can set up private showings, pull the latest numbers for the area, and guide you through the offer and the closing. Call 858-518-2875 to get started. Whether 6816 20 Central Avenue is the one or you would like to see other homes nearby, reach out any time.

Local facts

Facts and context beyond the MLS description

What the numbers say about 6816 20 Central Avenue and the Lemon Grove area around it.

Current market context

How this home compares in Lemon Grove

  • $234This home per sq ft
  • $448Median per sq ft
  • 11Homes for sale like it
  • 2Average days on market

At $234 per square foot, 6816 20 Central Avenue is priced about 48% below the $448 median for 4 bedroom homes for sale in Lemon Grove now.

Nearby sold homes

Recent sold homes near this property

Homes that sold within 1.25 miles of 6816 20 Central Avenue in the last 6 months, at a median price of $740,000.

AddressSoldHomeSold priceDistance
7001 Lemonwood LnApr 28, 20263 bd · 3 ba · 1,648 sqft$850,0000.2 mi
6860 San Miguel AvenueAug 17, 20263 bd · 1 ba · 1,130 sqft$655,0000.2 mi
7022 Jeanne RoadJun 24, 20263 bd · 2 ba · 1,026 sqft$760,0000.3 mi
7107 Suerich LaneAug 17, 20263 bd · 2 ba · 1,456 sqft$685,0000.4 mi
7004 Mount VernonSep 1, 20262 bd · 2 ba · 960 sqft$720,0000.5 mi
2310 69Th STJul 30, 20265 bd · 2 ba · 1,998 sqft$880,0000.6 mi
2310 69th StMay 18, 20264 bd · 2 ba · 1,664 sqft$589,0000.6 mi
2641 Massachusetts AveSep 25, 20265 bd · 2 ba · 1,578 sqft$1,100,0000.6 mi

Every home is different. Ask for a full price review before you make an offer.

Listing timeline

Price and status history

DateEventPrice
Sep 30, 2026Active$1,289,000

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