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7902 Lester Ave
Lemon Grove, CA 91945

$1,200,000 USD

Apartments For Sale  •  2,880 SF

Property Details

• Property Type Apartments
• Total Building Size 2,880 SF
• Lot Size 0.13 AC
• Building Class C
• Year Built 1953
• Zoning DVSP

70 Transit Score

60 Walk Score

Highlights

132% Upside in Rental Income

Strong Unit Mix: (3) 2Bedroom Units + (1) 1Bedroom Unit

Value-Add 4-Unit Surrounded by Redevelopment

6.91% Proforma Cap Rate

New Roof (2025)

Public Transportation

Commuter Rail	Drive	Walk	Distance
San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze))	13 min	-	9.4 mi
Transit/Subway	Drive	Walk	Distance
Lemon Grove Depot (Orange Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley))	0 min	3 min	0.2 mi
Airport	Drive	Walk	Distance
San Diego International	17 min	-	11.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Surface
Included in Rent:	Yes