Listed by Caleb Mancini of Apartment Realty Group (ARG)
**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.

Listing Tools (detailViewNewGen)

Property Details of 7902 8 Lester Avenue

Property Details

Community

Map Location

Based on information submitted to CRMLS as of May 17, 2026 10:51 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Seven Gables Real Estate. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

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