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    Rental Property Listing

    For Sale

    Lemon Grove Fourplex

    7142 Westview Pl, Lemon Grove, CA 91945
    • Price: $1,375,000
    • Units: 4
    • Cap Rate: 2.7%
    • GRM: 17.1
    • Property Type: Multi-Family
    • Property Sub Type: 2-4 Units
    • Remarks: RARE FOURPLEX OPPORTUNITY IN LEMON GROVE: ALL 3-BEDROOM, 2 BATH UNITS WITH VALUE-ADD POTENTIAL FOR UNDER $1.5M! We are thrilled to present an exclusive opportunity to acquire this rare fourplex, featuring all 3-bedroom, 2-bath units. Located in the prime area of Lemon Grove, this property offers excellent proximity to major shopping retailers, San Diego State University, and easy arterial access to downtown San Diego. This makes it an attractive housing option for employees of surrounding businesses, SDSU students, and urban professionals, all within a short drive to downtown. This community offers seven off-street parking spots and the potential for additional income through garage rentals and on-site laundry hook-ups. While a formal ADU study has not been completed for this property, it is worth noting that one neighbor has successfully converted their garages, and another is currently in the process. This building is an ideal option for an owner-occupied "house-hack" or for a savvy investor looking to acquire a rare all 3-bedroom, 2-bath property with lots of upside. Contact us today at (619) 483-1031 or RentalPropertyBroker.com to learn more about this incredible opportunity to own this true gem! MOST Sought After Unit Mix: All units are 3-bedroom, 2-bath. Value-Add Opportunities: Potential to increase rents, add laundry services, and rent out garages. Desirable Location: Located in a strong tenant employment area with nearby shopping centers, restaurants, and parks, all close to downtown San Diego.