2673 Massachusetts Ave, Lemon Grove, CA 91945

Property Description

Discover a rare three-unit income property in the heart of Lemon Grove—completely free of HOA restrictions. All units are spacious 2-bedroom, 1-bathroom layouts, including a converted garage that creates valuable extra living space. The main home sits at the front and currently rents for $2,500/month, while the two detached ADUs—each with its own address—bring in $2,100 and $2,200/month. With long-term tenants already in place on annual leases, investors benefit from immediate, stable cash flow from day one. The main residence is a charming single-story home filled with natural light, original built-ins, and mature landscaping that offers both character and privacy. A fully fenced yard and functional layout enhance tenant livability and retention, while the property still provides upside through future cosmetic updates or repositioning. Centrally located near freeways, shopping, and dining, this asset is ideal for an investor seeking reliable returns in a strong rental market—or for an owner-occupant who wants to live in one unit while offsetting their mortgage with steady rental income from the others.

Listing Status:

Active

Date Added:

September 22, 2025 at 05:00AM

Listing Office:

Nara Advisors, Inc. : 858-336-9688

Listing Agent:

Jason Lee : 858-336-9688

MLS ID:

250039580SD

Interior

• A/C: See Remarks
• Heating:

Exterior

• Parking: Parking spaces: 0

Construction

• General: 1

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_SAND
• County: San Diego

Lot

• Zoning: 4793501400

Financial

• Source: CRMLS_SAND

This listing courtesy of Jason Lee, Nara Advisors, Inc.