A Rare Opportunity to Aqcuire a 64-Unit Multifamily Asset in San Diego
The Olive Tree Apartments
3280 Olive St, Lemon Grove, CA 91945
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Lemon Grove is experiencing steady rent growth and revitalization, offering strong upside potential for investors and a vibrant environment for residents.
A rare opportunity to acquire the multigenerational, self-managed, 64-unit multifamily asset in San Diego – a market where properties of this scale are seldom available. Mature landscaping and a private courtyard provide a strong curb appeal, while natural tenant turnover provides steady, long-term growth. Nestled in a community known for its small-town charm and local amenities, it is highly desirable for renters and investors alike.
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HIGHLIGHTS
Investment Highlights
Impeccably Landscaped Grounds:
The property boasts beautifully maintained landscaping with mature trees, manicured hedges, and inviting common areas— creating a peaceful and attractive living environment.
Prime Central Location:
Ideally situated just minutes from Highways 94, 125, and 805, offering convenient access to downtown San Diego, Mission Valley, and beyond. Perfect for commuters and professionals
Family-Friendly Community:
Located near highly rated schools, public parks, and
libraries, making it a desirable setting for families and long-term tenants.
Strong Community Amenities:
Close to community favorites like Lemon Grove Recreation Center, Berry Street Park, and public transit stops, including the San Diego Trolley Blue Line. Located directly across the street from a church, park, museum and the police station