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2842 Fairmount Ave, San Diego, CA, 92105
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Home sold for $815,000 in 59 days

2842 Fairmount Ave San Diego, CA, 92105

Off the market 3,000 sqft

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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.
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Property details

3,000 sqft interior area
Property type
Home
Interior area
3,000 sqft
Land area
4,791 sqft (0.11 acres)
Price per sqft
$271/sqft
Address
2842 Fairmount Ave, San Diego, CA, 92105
City of California
San Diego
County
San Diego
Previous price
$1,465,000
Sold price
$815,000
nr.of parking places
6
Year Built
1955
District
Listing
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Open Houses

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Interior Features

6 parking places
Parking
6
Laundry Features
No Hookups

Listed by

Nicolas Hernandez, Top Gun CRE
Name
Nicolas Hernandez
License number
02207439
Brokerage company
Top Gun CRE
MLS #
CRPTP2401198

Buyer agent

Name
Nicolas Hernandez
Brokerage company
Top Gun CRE

Payment calculator

Calculate your monthly payments
Mortgage
$2,503
Taxes
$0
HOA dues
$0
$2,503 per month
Mortgage
$163,000 / 20%
2.28%
30 years
Your amount $2,503 / month

Exterior Features

Yard
Other

Lot details

TMK #4763722100
Parcel nr.
4763722100

92105 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data

People living in 92105

46%
Families with children
National average: 39%
40%
Non family households
461,227
Population
$77,843
Average Income

Age & gender

Median age 32 years
More info

Commute types

81% commute by car
More info

Education level

22% have high school education
More info

Number of employees

3% work in education and healthcare
More info

Vehicles available

37% have 1 vehicle
More info

Vehicles by gender

37% have 1 vehicle
More info

Housing market insights for

$863.26k
Neighborhood average
sales price*
$749k
Neighborhood median
sales price*
214
Number
of sales*

Housing type

44% are single detacheds
More info

Rooms

44% of the houses have 4 or 5 rooms
More info

Bedrooms

61% have 2 or 3 bedrooms
More info

Owners vs Renters

65% are renters
More info
12.33 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Sold May 1, 2024
Date Event Price $/sqft Source
May 1, 2024 Sold $815,000 271.67 Public Record
May 1, 2024 Price Decrease $815,000 -44.37% 271.67 MLS #CRPTP2401198
Mar 22, 2024 Pending $1,465,000 488.33 MLS #CRPTP2401198
Mar 4, 2024 New Listing $1,465,000 488.33 MLS #CRPTP2401198

Taxes of 2842 Fairmount Ave, San Diego, CA, 92105

RS-1 zoning / MLS #CRPTP2401198
Zoning
RS-1

Agent viewpoints of 2842 Fairmount Ave, San Diego, CA, 92105

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Frequently Asked Questions about 2842 Fairmount Ave

What is 2842 Fairmount Ave?

2842 Fairmount Ave, San Diego, CA, 92105 is a single family home located in the city of San Diego, California with zipcode 92105. This single family home has with an interior area of 3,000 sqft.

Which year was this home built?

This home was build in 1955.

Which year was this property last sold?

This property was sold in 2024.

What is the full address of this Home?

2842 Fairmount Ave, San Diego, CA, 92105.

Are grocery stores nearby?

The closest grocery stores are El Super Grocery Market, 0.89 miles away and Market Place #204, 1.33 miles away.

What is the neighborhood like?

The 92105 zip area has a population of 461,227, and 46% of the families have children. The median age is 32 years and 81% commute by car. The most popular housing type is "single detached" and 65% is renter.

Based on information from the bridgeMLS as of 05-17-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: May 01, 2024
Verhouse Last checked 1 minute ago

2842 Fairmount Ave, San Diego, CA, 92105 is a single family home located in the city of San Diego, California with zipcode 92105. This single family home has with an interior area of 3,000 sqft on a 4,810 sqft sqft lot. This house was build in 1955.
The closest grocery stores are El Super Grocery Market, 0.89 miles away and Market Place #204, 1.33 miles away.
The 92105 zip area has a population of 461,227, and 46% of the families have children. The median age is 32 years and 81% commute by car. The most popular housing type is "single detached" and 65% is renter.

*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.

Home Sold $815k 2842 Fairmount Ave, San Diego, CA, 92105 3,000 sqft Save House Remove from Saved