7968 Broadway #70, Lemon Grove, CA — $3,999,999

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About this home

This property offers a substantial investment opportunity in a growing city. Priced at $3,990,000, it includes two retail stores, two one-bedroom apartments, and a detached single-family home. Built in 1950, the building covers 4,704 square feet and sits on a 0.53-acre commercial-zoned lot. In addition to diverse residential and commercial units, the property features a four-car garage and ample parking. Its mixed-use potential makes it attractive for investors seeking rental income and long-term growth as the area develops. Centrally located development in Lemon Grove Easy freeway access to both Highway 94 and 125 20 minutes from the Port of San Diego Retail/commercial opportunity for businesses Kelvin Building with 66 luxury apartments located across the street

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Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk

🏷 Last sold$560,000 · Aug 2003

📋 Assessed value$811,266

💵 Annual tax$11,669

🏫 School districtGrossmont Union High School District

MLS #PTP2304910

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone

🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

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VA loan (no PMI)

Estimated total monthly payment

$25,060

Principal & interest$20,226

Property tax$3,667

Home insurance$1,167

Down payment: $800,000Loan: $3,199,999

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.