San Diego, CA 92105,2842 Fairmount Avenue
San Diego, CA 92105,2842 Fairmount Avenue
San Diego, CA 92105,2842 Fairmount Avenue
$815,000
Est. payment /mo
$1,465,000
44.4%
Est.Price: ?

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4,810 Sqft Lot
SOLD DATE : 05/01/2024

Key Details

Sold Price $815,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PTP2401198

Sold Date 05/01/24

HOA Y/N No

Lot Size 4,810 Sqft

Property Description

Offered for sale: A value add four-unit residential income property at 2842-48 Fairmount Ave in the vibrant City Heights neighborhood, providing a desirable mix of units for investors. The property features a front building with three 1bed/1bath units, each approximately 756 sq ft, and a rear building that includes a spacious 2bed unit above three single-car garages. Additionally, there are three uncovered parking spaces accessible from the alley. Highlighting the investment appeal is the potential for ADU conversion of the garages, offering a path to increased revenue. Situated in City Heights, this property capitalizes on a high-demand rental market, making it an attractive opportunity for investors seeking to grow their portfolio in a dynamic San Diego neighborhood.
Offered for sale: A value add four-unit residential income property at 2842-48 Fairmount Ave in the vibrant City Heights neighborhood, providing a desirable mix of units for investors. The property features a front building with three 1bed/1bath units, each approximately 756 sq ft, and a rear building that includes a spacious 2bed unit above three single-car garages. Additionally, there are three uncovered parking spaces accessible from the alley. Highlighting the investment appeal is the potential for ADU conversion of the garages, offering a path to increased revenue. Situated in City Heights, this property capitalizes on a high-demand rental market, making it an attractive opportunity for investors seeking to grow their portfolio in a dynamic San Diego neighborhood.

Location

State CA

County San Diego

Area East San Diego (92105)

Zoning Estimated

Building

Lot Description Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Kobe Zimmerman

Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

+1(858) 753-3353

Our team is ready to help you sell your home for the highest possible price ASAP


San Diego Regional MLS (SDMLS)
Listed by Nicolas Hernandez • Top Gun CRE
Bought with Nicolas Hernandez • Top Gun CRE
agent-avatar

+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

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