Property listed by HomeSmart Realty West, Modesta Gilpin
3253 Acacia St
Lemon Grove, CA 91945
Beds
3
Baths
1
Square Ft.
2,320
$1,100,000
Investment Opportunity in the Heart of Lemon Grove! Rare opportunity to own a versatile, income-producing property offering four separate living units and approximately $8,400 per month in rental income (over $100,000 annually). The property features a spacious 3-bedroom, 1-bath main residence, along with three additional ADUs, including:… Read More • Attached 2-bedroom, 1-bath ADU • Attached studio ADU with private bath • Detached studio ADU with private bath. Whether you’re an investor seeking immediate cash flow, completing a 1031 Exchange, or an owner-occupant looking to offset your mortgage with rental income, this property offers exceptional flexibility and earning potential. Situated on a generously sized lot in the desirable community of Lemon Grove, the property provides convenient access to Highways 94, 125, Interstate 8, and Interstate 805, making commuting throughout San Diego County simple. Downtown San Diego, Naval Base San Diego, SDSU, shopping centers, restaurants, parks, and public transportation are all just minutes away. Known as the “Best Climate on Earth,” Lemon Grove offers residents a welcoming small-town atmosphere while remaining close to everything San Diego has to offer. The city continues to experience strong rental demand due to its affordability compared to many surrounding communities, making it an attractive location for both investors and tenants. Properties offering this level of income potential, flexibility, and location rarely become available. Investment Opportunity in the Heart of Lemon Grove! Rare opportunity to own a versatile, income-producing property offering four separate living units and approximately $8,400 per month in rental income (over $100,000 annually). The property features a spacious 3-bedroom, 1-bath main residence, along with three additional ADUs, including: • Attached 2-bedroom, 1-bath ADU • Attached studio ADU with private bath • Detached studio ADU Whether you’re an investor seeking immediate cash flow, completing a 1031 Exchange, or an owner-occupant looking to offset your mortgage with rental income, this property offers exceptional flexibility and earning potential. Situated on a generously sized lot in the desirable community of Lemon Grove, the property provides convenient access to Highways 94, 125, Interstate 8, and Interstate 805, making commuting throughout San Diego County simple. Downtown San Diego, Naval Base San Diego, SDSU, shopping centers, restaurants, parks, and public transportation are all just minutes away. Known as the “Best Climate on Earth,” Lemon Grove offers residents a welcoming small-town atmosphere while remaining close to everything San Diego has to offer. The city continues to experience strong rental demand due to its affordability compared to many surrounding communities, making it an attractive location for both investors and tenants. Properties offering this level of income potential, flexibility, and location rarely become available. Read Less
Listing Snapshot
Days Online
71
Last Updated
Property Type
SingleFamilyResidence
Beds
3
Full Baths
1
Square Ft.
2,320
Lot Size
0.19 Acres
Year Built
1948
MLS Number
260019521SD
Additional Details
Building
Built in 1948, Living area: 2320.0, 1 storey, Levels: One, Construction Materials: VinylSiding
Cooling
CentralAir, WallWindowUnits
Fence
Wood
Garage
2 spaces
Heating
ForcedAir, Fireplaces, SeeRemarks
Interior Features
AllBedroomsDown, BedroomOnMainLevel
Laundry
InKitchen, LaundryRoom, SeeRemarks
Lot
0.186 acres
Parking
4 open parking spaces, 6 total parking spaces, Driveway, OnStreet
Pool
None
Roof
Shingle
Taxes
Parcel Number: 4802020400, Zoning: R-1:SINGLE
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Based on information from California Regional Multiple Listing Service, Inc. as of 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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