Sold for $1,385,000

Listed by: Top Gun CRE • Nicolas Hernandez • Contact: 619-602-0263

Bought with: Ingenuity Realty

$1,385,000

2842-48 Fairmount Ave, San Diego, CA 92105

5beds

4baths

3,043sqft

Multi Family

Built in 1955

-- sqft lot

$1,345,600 Zestimate^®

$455/sqft

$2,647 Estimated rent

Home value

$1,345,600

$1.24M - $1.47M

$2,647/mo

Zestimate^® history

Owner options

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$2,647/mo

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$2,647/mo

Rent Zestimate^®

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$8,939/mo

Est. payment

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$8,939/mo

Est. payment

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What's special

This fully renovated 4-unit property offers a mix of (1) 2-bed/1-bath unit and (3) 1-bed/1-bath units, all upgraded with modern finishes, including new kitchens, bathrooms, and flooring. The property also includes three single-car garages, providing tenants with secure parking. Each unit has been designed for low-maintenance living, making it an ideal investment for hassle-free management. Situated on a well-maintained lot, this property is perfect for investors seeking a high-quality, turnkey asset in a growing area. Located in the heart of City Heights, this property benefits from strong rental demand and proximity to desirable neighborhoods like North Park. Currently in the lease-up stage.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4

Appliances

Laundry: None

Features

Has fireplace: No
Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 3,043
Total interior livable area: 3,043 sqft

Property

Parking

Total spaces: 3
Parking features: Garage
Garage spaces: 3

Features

Entry location: 1
Pool features: None

Lot

Size: 4,810 Square Feet
Features: 0-1 Unit/Acre

Details

Parcel number: 4763722100
Zoning: RS-1-7
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Condition

Year built: 1955

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Features: Curbs, Park, Street Lights, Sidewalks, Urban

Location

Region: San Diego

Financial & listing details

Price per square foot: $455/sqft
Date on market: 9/25/2024
Listing terms: Cash,Conventional,FHA,VA Loan

Price history

Date	Event	Price
11/5/2024	Sold	$1,385,000-0.7%$455/sqft
Source: CRMLS #PTP2405880 Report a problem
10/1/2024	Pending sale	$1,395,000$458/sqft
Source: CRMLS #PTP2405880 Report a problem
9/25/2024	Listed for sale	$1,395,000+71.2%$458/sqft
Source: CRMLS #PTP2405880 Report a problem
5/1/2024	Sold	$815,000-44.4%$268/sqft
Source: CRMLS #PTP2401198 Report a problem
3/22/2024	Pending sale	$1,465,000$481/sqft
Source: CRMLS #PTP2401198 Report a problem
3/4/2024	Listed for sale	$1,465,000$481/sqft
Source: CRMLS #PTP2401198 Report a problem