2732 Fairmount Avenue, San Diego, CA 92105 - Photo 1 of 10, San Diego, CA
1 / 10
Sold$1,025,000on Jun 27, 2025

2732 Fairmount Avenue, San Diego, CA 92105

Real Broker
6Beds
3Baths
2,212Sq Ft
7Parking
1958Built
16Days Listed

About This Property

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 or executing a development play, this is a future-proof investment with endless scalability. Act nowbecause opportunities like this dont wait.

Andrew SantiagoReal Broker619-758-5707

Virtual Tour

Property Location

Map

Property Details

Property Type
Attached
Bedrooms
6
Bathrooms
3
Building Area
2,212 Sqft
Living Area
2,212 sqft
Year Built
1958
Stories
2.0
Status
Sold
Days on Market
16
Cumulative Days on Market
7
Original Price
$999,900

Location & Neighborhood

Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.

San Diego Market Snapshot

2,704

Active Listings

$849K

Median Price

33

Avg Days on Market

Last updated: Jul 1, 2025

More Sold Properties in San Diego

View all

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$999,900