8124 Lemon Grove Way, Lemon Grove, CA 91945 - View 1
8124 Lemon Grove Way, Lemon Grove, CA 91945 - View 2
8124 Lemon Grove Way, Lemon Grove, CA 91945 - View 3

8124 Lemon Grove Way, Lemon Grove, CA 91945

List Price: $629,000On Market FlagOn market
Jun 13, 2025976 sqft3 beds2 baths
Listed by: Alex Ortega
License #: 01321114
Phone #: 619-454-3903
Premier Agency R.E. Inc
Source:
CRMLS Logo
MLS #: PTP2504441

Property Description

Development Opportunity – Modern 3-Story Townhomes in Lemon Grove! Maximize rental income with this thoughtfully designed project: 4 modern 3-story townhome units on a 13,057 sq ft R-3 zoned lot in the heart of Lemon Grove. this property offers the potential to build 4+ residential units under current zoning (RMH – Residential Medium/High Density). Imagine modern townhomes, multi-unit rentals, or even live/work spaces — all just minutes from freeways, schools, and shopping. The current zoning allows for up to 45 ft in building height, and generous lot dimensions make design and access a breeze. Whether you're looking to develop, build-and-hold, or create a passive income stream, this is a rare infill opportunity in a high-demand area. Buyer to verify with city regarding development potential and density. 13,057 sq ft lot | Zoned R-3 | Build 4+ units | Ideal for developers or investors!
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,620

TurboHome Estimated Value

$668,500

$685 sqft

High Valuation
$701,925
$719/sqft
Normal Valuation
$668,500
$685/sqft
Low Valuation
$635,075
$651/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$685/sqft$668,500

Neighborhood

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Comparative Value

$430K

$472K

$485K

$629K

3625 Grove St 160, Lemon Grove, CA 91945

Sale Price: $430,000

Selected Comparable

3675 Grove St 178, Lemon Grove, CA 91945

Sale Price: $433,000

Selected Comparable

3575 Grove St 144, Lemon Grove, CA 91945

Sale Price: $472,000

Selected Comparable

8166 Lemon Grove Way B, Lemon Grove, CA 91945

Sale Price: $475,000

Selected Comparable

3605 Grove St 257, Lemon Grove, CA 91945

Sale Price: $485,000

Selected Comparable

8124 Lemon Grove Way, Lemon Grove, CA 91945

List Price: $629,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
8124 Lemon Grove Way, Lemon Grove, CA 91945

8124 Lemon Grove Way, Lemon Grove, CA 91945

List: $629,000

Listed: 6/13/2025

Area:976 sqft
Price/sqft:$644
Beds:3
Baths:2
Year Built:
Lot Size:13,057

Comparable Properties

COMPARABLE
Choose comps
8166 Lemon Grove Way B, Lemon Grove, CA 91945

8166 Lemon Grove Way B, Lemon Grove, CA 91945

Sale: $475,000

4/29/20250.07 mi

Area:935 sqft
Price/sqft:$508
Beds:3
Baths:2
Year Built:
Weight:23.2%
3625 Grove St 160, Lemon Grove, CA 91945

3625 Grove St 160, Lemon Grove, CA 91945

Sale: $430,000

7/8/20250.15 mi

Area:1,022 sqft
Price/sqft:$421
Beds:2
Baths:2
Year Built:
Weight:20.1%
3605 Grove St 257, Lemon Grove, CA 91945

3605 Grove St 257, Lemon Grove, CA 91945

Sale: $485,000

3/21/20250.12 mi

Area:1,022 sqft
Price/sqft:$475
Beds:2
Baths:2
Year Built:
Weight:19.1%
3575 Grove St 144, Lemon Grove, CA 91945

3575 Grove St 144, Lemon Grove, CA 91945

Sale: $472,000

3/10/20250.12 mi

Area:1,022 sqft
Price/sqft:$462
Beds:2
Baths:2
Year Built:
Weight:18.8%
3675 Grove St 178, Lemon Grove, CA 91945

3675 Grove St 178, Lemon Grove, CA 91945

Sale: $433,000

4/4/20250.13 mi

Area:1,022 sqft
Price/sqft:$424
Beds:2
Baths:2
Year Built:
Weight:18.8%

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