3681 Fairmount Ave San Diego, CA 92105
10-unit value-add opportunity. High upside potential.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 139
Highlights
- $2,100,000 asking price for a value-add opportunity.
- 10-unit apartment building in San Diego, CA.
- 5,248 square feet on a 5,985 square foot lot.
- 100% occupancy with a current NOI of $83,871 and a pro-forma NOI of $156,447.
- $210,000 per unit price, with a current cap rate of 3.99% and a pro-forma cap rate of 7.45%.
Property Details for 3681 Fairmount Ave
- Property type
- Apartment buildings
- Square Feet
- 5,248 SF
- Class
- C
- Year Built
- 1985
- Buildings
- 1
- Stories
- 2
- Units
- 10
Location Insight
- City
- San Diego
- County
- San Diego
- State
- California
- Latitude
- 32.7455895
- Longitude
- -117.1006679
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - 10-unit value-add opportunity. High upside potential.
- Where is the apartment building located?
- The property is located at 3681 Fairmount Ave San Diego, CA.
- What is the asking price?
- The asking price for this property is $2,100,000.
- What are key features of this property?
- This property features: $2,100,000 asking price for a value-add opportunity.; 10-unit apartment building in San Diego, CA.; 5,248 square feet on a 5,985 square foot lot.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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