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$8,950,000 Just Listed
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Property Description
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. 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 Blvd. The property is also approximately 0.8 miles from a San Diego Trolley station served by the Orange Line.
Full Property Details
Full Property Details for 8694 Lemon Ave
General
- Price: $8,950,000
- Status: Active
- Type: Apartment
- Source: SANDICOR
- MLS ID: 260012789
- Updated: Today (5/27/2026)
- Added to Site: Today
Rooms
Bathrooms
- Total Bathrooms: 48
- Full Bathrooms: 48
Bedrooms
- Total Bedrooms: 72
Other Rooms
- Laundry: Leased
Additional Information
- Shared Amenities: BBQ
Parking
- Total Spaces: 38
- Parking Features: Spaces, Other/Remarks
Location
- Area: LA MESA (91941)
- County: San Diego
Heating & Cooling
- Cooling Type: Central Forced Air Elec
- Heating Type: Central Forced Air Elec
Structural Information
- # Buildings: 2
- Structure Type: Apartment
- Detached/Attached: Detached
- Construction: Stucco
- Stories/Levels: 2
- Square Feet: 26,206
- Sq. Ft. Source: Owner, Other/Remarks
- Living Area: 26,206 Sq. Ft.
Unit Information
- Units in Building: 24
Financial Considerations
- Operating Expenses: $352,200
Disclosures and Reports
- Property ID: 494-310-24-00
Listed by Eric D. Comer, Broker (858) 369-3084, Eric D Comer
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Schools
Schools serving 8694 Lemon Ave
School Districts:La Mesa-Spring Valley School District, Grossmont Union High School District
| Name | Grades | Distance |
|---|---|---|
Lemon Avenue Elementary School 8787 Lemon Avenue, La Mesa, CA 91941 | K-5 | 0.1 mi |
La Mesa Arts Academy 4200 Parks Ave., La Mesa, CA 91942 | 6-8 | 1.4 mi |
Grossmont High School 1100 Murray Dr., La Mesa, CA 91944 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8694 Lemon Ave
Date
Details
Price
Change
Source
5/27/2026
Listed
$8,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8694 Lemon Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$65,853
102%
$4,170,037
139%
2023
$32,660
3%
$1,741,715
2%
2022
$31,795
5%
$1,707,565
2%
2021
$30,238
4%
$1,674,085
1%
2020
$28,980
3%
$1,656,921
2%
2019
$28,084
1%
$1,624,433
2%
2018
$27,825
2%
$1,592,582
2%
2017
$27,188
4%
$1,561,355
2%
2016
$26,233
1%
$1,530,741
2%
2015
$26,097
2%
$1,507,749
2%
2014
$25,605
2%
$1,478,215
—
2013
$25,183
—
$1,471,535
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8694 Lemon Ave
8694 Lemon Ave, La Mesa, CA 91941 (MLS# 260012789) is a Apartment property with 72 bedrooms and 48 full bathrooms. 8694 Lemon Ave is currently listed for $8,950,000 and was received on May 27, 2026. Want to learn more about 8694 Lemon Ave? Do you have questions about finding other Apartment real estate for sale in La Mesa? You can browse all La Mesa real estate or contact a Coldwell Banker agent to request more information.

