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Don Pelletier

[email protected] +1(858) 336-1114

$ 2,100,000

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3681 Fairmount Avenue San Diego, CA 92105

UPDATED:

09/05/2024 11:43 PM

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 240015683

Property Description

The Madison Apartments located at 3681 Fairmount Avenue consist of ten spacious 1 Bedroom / 1 Bathroom units built in 1985. The property is gated and features common laundry facilities. The two-story stucco structure contains 5,248 square feet and lies on a 5,985 square foot lot with parking in the rear. There are additional parking spaces available in a parking structure in Fairmount Village. There is over 70% upside in the existing rents. Re-development is also an option with CUPD-CU-3-6 zoning in the Complete Communities Housing Solutions Tier 3 Zone Overlay with 6.5 FAR Parking Standard Transit Priority Overlay. The property is nearly across the street from the City Heights Recreation Center, Library and Park. The Police Station is a few hundred feet away as well as the shopping and retail of Fairmount Village including Starbucks, Jamba Juice and El Super.

Location

State CA

County San Diego

Area East San Diego (92105)

Exterior

Total Parking Spaces 12

Building

Story 2

Others

Space Rent $153,276

Listed by Benn Vogelsang • NorthMarq Multifamily

Don Pelletier

Broker | License ID: 00866225

+1(858) 336-1114

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Don Pelletier

Don Pelletier

3681 Fairmount Avenue San Diego, CA 92105

Key Details

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Exterior

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3681 Fairmount Avenue

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