San Diego, CA 92105,3565 Fairmount Avenue
San Diego, CA 92105,3565 Fairmount Avenue
San Diego, CA 92105,3565 Fairmount Avenue
San Diego, CA 92105,3565 Fairmount Avenue
San Diego, CA 92105,3565 Fairmount Avenue
San Diego, CA 92105,3565 Fairmount Avenue
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$1,495,000

$1,529,000

2.2%
Est.Price: ?

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Est. payment /mo

0.28 Acres Lot


SOLD DATE : 01/30/2024

Key Details

Sold Price $1,495,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 230023409SD

Sold Date 01/30/24

HOA Y/N No

Lot Size 0.277 Acres

Property Description

The Fairmount Cottages consist of six spacious (over approximately 650 square foot) 1 Bedroom / 1 Bathroom units, one of which has a den. The units have large floor plans and were completely renovated in 2004. The renovations included new electrical, plumbing, windows, kitchens, cabinets, and refinished hardwood flooring. The property is gated. There are four total structures including 3 duplexes and another structure with laundry and storage next to a patio. There are (2) washers and (2) dryers on the property. The property consists of a 12,078 square foot lot and the units total 4,126 rentable square feet built in 1927. There are 7 total parking spaces (3 tandem). There is 33% upside in the existing rents as well as room on the parcel for ADUs. Re-development is also an option with CUPD-CU-3-6 zoning in the Complete Communities Housing Solutions Tier 3 Zone Overlay with 6.5 FAR Parking Standard Transit Priority Overlay.

Location

State CA

County San Diego

Area 92105 - East San Diego

Interior

Fireplace No

Exterior

Total Parking Spaces 7

Others

Tax ID 4760310500

Financing Cash

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California Regional MLS (CRMLS)
Listed by Benn Vogelsang • NorthMarq Multifamily
Bought with Benn Vogelsang • NorthMarq Multifamily
agent-avatar

+1(619) 519-2303

steve@stevelucal.com

PO Box 181892, Coronado, California, 92178, United States

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