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7902 8 Lester Ave, Lemon Grove, CA 91945

Active

Lemon Grove

Time on site: 93 days • Last updated: Jun 12, 2026

Property Type

Residential Income

Property Sub Type

Days on Site

Cooling

None

Year Built

1953

Stories

**4 UNITS, VALUE ADD, 6.91% PROFORMA CAP RATE** The property features three (3) 2bedroom/1bath units and one (1) 1bedroom/1bath unit, along with four (4) off-street parking spaces. There is approximately 132% upside in rental income and a new roof was installed in 2025. The location offers convenient access to local retail, transit, and community amenities, making it an attractive long-term rental market as the neighborhood continues to evolve. Surrounded by ongoing redevelopment projects and neighborhood investment, this property represents a compelling value-add opportunity at one of the best price points for a 4-unit in San Diego County. With renovations and re-tenanting, investors can unlock substantial NOI growth and capitalize on the area’s upward trajectory.

Property Information

Property Details

Location

Address

7902 8 Lester Ave

County

San Diego

City

Lemon Grove

Zip Code

91945

Subdivision

Lemon Grove

MLS Area

91945 - Lemon Grove

Interior Features

Heating and Cooling

Cooling

None

Building

Building Information

Year Built

1953

Stories

Roof

Composition

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

SAND-709820

7902 8 Lester Ave, Lemon Grove, CA 91945

Property Information

Property Details

Location

Interior Features

Heating and Cooling

Building

Building Information

Market Report for 91945