• Sub Banner Image 1
  • Sub Banner Image 2
  • Sub Banner Image 3
GET YOUR FREE RENTAL ANALYSIS

Call us today at 858-367-0343 or enter your address below.

Lemon Grove Property Management

Overview


Investing in a rental property in Lemon Grove can be a rewarding endeavor, but it requires significant time, effort, experience, and knowledge. At our full-service Lemon Grove property management company, we understand the frustration and hassle that comes with managing your rental property, which is why we offer comprehensive services to help you achieve success. Our team is responsible for all aspects of managing your rental property, including marketing, maintenance, accounting, and tenant services. With our expert guidance, you can enjoy a stress-free rental investment and have more time to focus on other things. Contact us today to learn more about our Lemon Grove property management services.

How much rent can you get for your investment?

Our market analysis helps landlords and us make data-informed decisions about their rental property, including rate estimates and other information so they can invest and manage their investment property more wisely.

  • Get Optimized Rental Value for Your Property
  • Gain Crucial Insight into Current Market Conditions
  • Determine Your Cashflow from Monthly Rental Value

Get started with your FREE PROPERTY CONSULTATION by completing the form .

Schedule Your Free Consultation

Lemon Grove Property Management

Discover Why You Should Invest in Lemon Grove Real Estate

Lemon Grove, located just east of downtown San Diego, presents a compelling opportunity for real estate investors. Its suburban charm, combined with proximity to urban amenities, attracts a diverse population of families, professionals, and commuters seeking a balance between affordability and accessibility.

The Lemon Grove real estate market has demonstrated significant growth. As of November 2024, the median home price reached $760,000, marking a 6.5% increase from the previous year. Homes typically sell after 31 days on the market, indicating a competitive environment for buyers and investors.

Lemon Grove's property values, while rising, remain more affordable compared to some neighboring San Diego communities. This affordability, coupled with ongoing appreciation, makes it an attractive entry point for investors. Over the past decade, the area has experienced a robust annual appreciation rate of approximately 8.67%, placing it among the top 20% nationally for real estate appreciation.

Investors should be aware of Lemon Grove's crime statistics. The city has a crime rate higher than 70% of California's cities and towns of all sizes, with a chance of becoming a victim of either violent or property crime at 1 in 41. This is notably higher than the national average. Additionally, the presence of ongoing development projects, particularly in multi-family housing, may introduce increased competition in the rental market.

Lemon Grove's population stands at approximately 27,224 residents, with a median household income of around $52,000. The median age is 32 years, reflecting a youthful and dynamic community. Rental properties constitute about 46.61% of the housing market, indicating a substantial demand for rental accommodations.

Pros & Cons To Investing in San Diego Real Estate

THE PROS

  • Relative to other San Diego County areas, Lemon Grove offers more accessible entry points for investors.
  • Its location appeals to commuters and professionals working in the city.
  • Historical data indicates robust property value growth over the past decade.
  • A mix of single-family homes, townhouses, and apartments caters to various tenant demographics.

THE CONS

  • Elevated crime statistics compared to neighboring cities may influence tenant perceptions.
  • Ongoing development of multi-family housing could lead to a more saturated rental market.
  • Compared to more developed areas, Lemon Grove may lack certain upscale facilities that attract higher-income tenants.
  • While appreciation has been strong, future growth may be tempered by local economic factors.

Overall Investment Rating: B

Lemon Grove Investment Rental Property Fast Facts

Average Lemon Grove Home Price

$760,000

Average Lemon Grove Household Income

$52,000

Lemon Grove Resident Median Age

32 years

Median Lemon Grove Housing Rental Rates

$2,495 per month

Real Estate Appreciation Over Past 12 Months

Up 6.5%

Percentage of Lemon Grove homes that are rental properties

Approximately 46.61%

Poverty Level

11.3%

Lemon Grove Rental Trend By Bedroom

  • Studio: $1,600
  • 1-Bedroom: $1,800
  • 2-Bedroom: $2,200
  • 3-Bedroom: $2,800
Harland Property Management Property Management Guarantees

Rest Easy Knowing We’ve Got You Covered.

View All 9 Guarantees

Are you ready to invest in ? Let Harland Property Management help!

FREE CONSULTATION