Map of Property

8694 Lemon Ave

For Sale

8694 Lemon Ave, La Mesa, CA 91941

This La Mesa property for sale is located at 8694 Lemon Ave. The current listed sale price for 8694 Lemon Ave is $8,950,000. 8694 Lemon Ave is situated on a lot that is 1 acre in size.

Contacts

Eric Comer

Kidder Mathews

Merrick Matricardi

Kidder Mathews

Jim Neil

Kidder Mathews

Property Details

  • Property Type Multi-Family
  • Property Size 26,206 SF
  • Units 24
  • Lot Size 1 Acre
  • Cap Rate % 4.61
  • Date Updated Jun 22, 2026

This 24-unit multifamily offering presents a compelling opportunity to acquire a well-located asset comprised entirely of three-bedroom, two-bathroom floor plans, with large private yards for the downstairs units and balconies in 10 of the 14 upstairs units. Community amenities include a swimming pool, large patio space with a BBQ, community laundry facilities, extra storage, and abundant on-site parking.
The offering represents a true value-add opportunity, with the potential to upgrade both unit interiors and the building exterior to achieve substantially higher rents. Additionally, the property has not implemented a RUBS (Ratio Utility Billing System) program for water, sewer, and trash, presenting an opportunity for additional income through RUBS implementation.
Ideally situated near La Mesa Village, the property benefits from a highly walkable neighborhood with a Walk Score of 87. Residents enjoy immediate access to restaurants, coffee shops, bars, and retail along La Mesa Boulevard. The property is also approximately 0.8 miles from a San Diego Trolley station served by the Orange Line. With its strong in-place unit mix and multiple avenues for revenue growth, this offering provides investors with the opportunity to unlock significant upside in one of East County San Diego’s most desirable rental submarkets.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 89/100

    Walk Score ®

  • 42/100

    Transit Score ®

  • 30/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City La Mesa, CA
  • Zip Code 91941
  • Market San Diego

Points of Interest

  • La Mesa Boulevard

    0.62 miles

  • Grossmont

    0.95 miles

  • Amaya Drive

    1.31 miles

  • 70th Street

    1.85 miles

  • Arnele Avenue

    3.24 miles

  • Uber / Lyft Driver Drop Off

    3.42 miles

  • Massachusetts Avenue

    3.51 miles

  • SDSU Transit Center

    3.51 miles

  • Grantville

    5.13 miles

  • Mission San Diego

    5.91 miles

  • 76

    0.48 miles

  • Chevron

    0.63 miles

  • Costco Gasoline

    0.81 miles

  • La Mesa Supercharger

    0.92 miles

  • Shell

    1.07 miles

  • USA Gasoline

    1.44 miles

  • Arco

    1.45 miles

  • Emerald Oil

    1.62 miles

  • Quik Korner Gas

    1.91 miles

  • ChargePoint

    2.34 miles

  • Murray Drive Park & Ride

    0.59 miles

  • Grossmont Blvd Park & Ride

    0.68 miles

  • Kaiser Permanente Parking Garage

    0.99 miles

  • Fuerte Drive Park And Ride

    1.04 miles

  • Severin Drive Park And Ride

    1.16 miles

  • Lemon Grove / High St Park And Ride

    1.90 miles

  • Lemon Grove / Lincoln Park And Ride

    2.38 miles

  • AGUA DULCE BLVD Park And Ride

    2.63 miles

  • Navajo Road Park And Ride

    2.64 miles

  • El Cajon Transit Center Parking

    2.68 miles

  • National 9 Inn

    0.32 miles

  • La Mesa Lodge

    0.88 miles

  • Holiday Inn San Diego - La Mesa

    1.01 miles

  • Lodge Of La Mesa;

    1.02 miles

  • Heritage Inn La Mesa CA Motel

    1.07 miles

  • Motel 6 La Mesa, CA - San Diego

    1.36 miles

  • Best Western Plus La Mesa San Diego

    1.38 miles

  • Days Inn

    1.48 miles

  • Rodeway Inn & Suites El Cajon San Diego East

    1.81 miles

  • Harvey's Motel

    1.92 miles

  • Ross

    0.48 miles

  • Walmart Neighborhood Market

    0.53 miles

  • Sprouts Farmers Market

    0.59 miles

  • American Freight

    0.65 miles

  • Walmart

    0.69 miles

  • Macy's

    0.70 miles

  • Vine Ripe Market

    0.77 miles

  • Target

    0.79 miles

  • Frasier Farms

    0.79 miles

  • Vons

    0.82 miles

Contact 8694 Lemon Ave
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.