San Diego, CA 92105,2842 48 Fairmount AVE
San Diego, CA 92105,2842 48 Fairmount AVE
San Diego, CA 92105,2842 48 Fairmount AVE
San Diego, CA 92105,2842 48 Fairmount AVE
San Diego, CA 92105,2842 48 Fairmount AVE
San Diego, CA 92105,2842 48 Fairmount AVE
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$815,000

$1,465,000

44.4%
Est.Price: ?

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Est. payment /mo

4,809 Sqft Lot


SOLD DATE : 05/01/2024

Key Details

Sold Price $815,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PTP2401198

Sold Date 05/01/24

HOA Y/N No

Year Built 1955

Lot Size 4,809 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.

Location

State CA

County San Diego

Area 92105 - East San Diego

Zoning RS-1-7

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Sidewalks, Urban

View Y/N No

Total Parking Spaces 6

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Others

Senior Community No

Tax ID 4763722100

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Trust

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California Regional MLS (CRMLS)
Listed by Nicolas Hernandez • Top Gun CRE • nickh@topguncre.com
Bought with Nicolas Hernandez • Top Gun CRE
Amin Zarif

Real Estate Agent & Loan Officer | License ID: 02076931

+1(949) 226-1789 | realestateaminzarif@gmail.com

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