Property Description

Savvy investors recognize that below-market rents mean instant equity growth, and this triplex zoned R-4 delivers exactly that. Featuring three 2BR/1BA units, including a standalone front home (approx. 761 sq ft) and stacked units with alley access (approx. 720 sq ft each), this property is fully occupied on month-to-month leases, allowing immediate rent adjustments to market rates. With pro forma rents estimated at $6,500+, theres clear room to optimize cash flow and drive superior returns. Beyond the current income, the value-add potential here is undeniable. A third structure, currently a two-car garage, opens the door to additional revenue streams. Whether repurposed into an ADU, converted into a fourth rental unit, or leveraged for further development under R-4 zoning, the ability to maximize density ensures this asset evolves alongside investor strategy. Positioned for long-term growth, this property offers a rare blend of cash flow, appreciation upside, and expansion flexibility. Whether securing steady rental income, repositioning for higher-value tenants, or executing a development play, this is a future-proof investment with endless scalability. Act nowbecause opportunities like this dont wait.

Features
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: Public Sewer
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Address Map
US
CA
SD
San Diego
92105
Fairmount Avenue
2732
W118° 53' 55.3''
N32° 44' 5.5''
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R-4: Multi
Neighborhood
San Diego Unified School Distric
San Diego Unified School Distric
San Diego Unified School Distric
Additional Info
Real Broker
Andrew Santiago
Additional Information
2212
2
2
: 1 Story
2
2
Listing Information
CRP-812238
CRP-88655
Cash,Conventional,Exchange,FHA,VA
ACTIVE
2025-05-23T08:06:18Z
sdmls_new
: REO

Residential For Sale 6 Bedrooms 2732 Fairmount Avenue, San Diego, CA 92105 - Scottway - San Diego Real Estate

2732 Fairmount Avenue, San Diego, CA 92105

6 Bedrooms
3 Bathrooms
2,212
$999,900
Listing ID #PTP2503665
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : PTP2503665
Price : $999,900
View : Other/Remarks,Neighborhood
Bedrooms : 6
Bathrooms : 3
Square Footage : 2,212
Year Built : 1958
Status : Active
Full Bathrooms : 3
Property Sub Type : All Other Attached
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