3681 Fairmount Avenue Pending

San Diego,CA 92105

$ 2100000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 240015683SD

HOA Y/N No

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 92105 - East San Diego

Interior

Fireplace No

Exterior

Total Parking Spaces 12

Others

Tax ID 4717410300

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