Property Details

  • Sale Price: $1,375,000
  • Year Built: 1954
  • Property Type: Multifamily
  • Building Size: 3,036ft
  • Lot Size: 23,958 SF

Four-Unit Multifamily with Value-Add and Expansion Potential in Lemon Grove

South Coast Commercial is pleased to present 8050 Lemon Grove Way, a four‑unit multifamily property situated on an oversized parcel in the suburban community of Lemon Grove, California. The asset is comprised of four spacious two‑bedroom, one‑bathroom residences, each single‑story with private backyards, washer/dryer hookups, and dedicated garages. With no shared living walls aside from the garages, the property delivers a rare low‑density configuration that enhances privacy and long‑term tenant appeal.

Positioned on more than half an acre, the property combines stable in‑place income with meaningful development potential under R‑3 zoning. Its location offers convenient access to major freeways, public transit, and regional employment centers, while the large lot provides a clear path for future expansion. 8050 Lemon Grove Way represents a compelling opportunity to acquire a well‑located multifamily investment with both durable cash flow and long‑term growth potential in a supply‑constrained submarket.

8050 Lemon Grove Way is a four-unit multifamily property situated on an expansive half-acre lot in the growing community of Lemon Grove, California.

Comprised of four large two-bedroom/one-bathroom units, the property is situated on an expansive 23,958 SF parcel with a total building area of approximately 3,036 SF. Originally constructed in 1954, the residences have been well maintained and benefit from durable improvements such as dual-pane windows, private backyards, and single-car garages with direct access. The singlestory design and absence of shared living walls further enhance tenant privacy and long-term appeal.

Each unit is equipped with washer/dryer hookups and generous floor plans that cater to family households and long-term renters. The oversized lot provides a rare sense of space within the submarket and positions the property for future expansion under R-3 zoning. With the ability to add additional units, investors are offered both stable in-place income and meaningful development upside.