2732 Fairmount Avenue, San Diego
San Diego Home Sale
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.
Property Details
Additional Information
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- City:
- San Diego
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- County:
- San Diego
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- Zip:
- 92105
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- MLS® #:
- PTP2503665
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- Bedrooms:
- 6
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- Bathrooms:
- 3
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- Square Ft:
- 2,212
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- Lot Size:
- 0.12
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- Neighborhood:
- EAST SAN DIEGO (92105)
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- Garages:
- 2
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Listing information last updated on July 3rd, 2025 at 7:45am PDT.