2732 Fairmount Avenue, CA

$999,900

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6

Beds

3

Baths

2,212

Square feet

0.12

Acres

About 2732 Fairmount Avenue

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.

Features of 2732 Fairmount Avenue

MLS® # PTP2503665
Price $999,900
Bedrooms 6
Bathrooms 3.00
Full Baths 3
Square Footage 2,212
Acres 0.12
Year Built 1958
Type Residential
Sub-Type All Other Attached
Status Closed

Community Information

Address 2732 Fairmount Avenue
Area EAST SAN DIEGO (92105)
County San Diego
State CA
Zip Code 92105

Amenities

Parking Spaces 7
# of Garages 2
View Other/Remarks,Neighborhood
Is Waterfront No
Has Pool No
Pool N/K

Interior

Appliances N/K
Cooling N/K
Fireplace No
Fireplaces N/K
# of Stories 2
Stories 1 Story

Exterior

Lot Description Curbs,Sidewalks

School Information

District San Diego Unified School Distric

Additional Information

Date Listed May 13th, 2025
Days on Market 16
Zoning R-4: Multi
Foreclosure No
Short Sale No
RE / Bank Owned Yes

Listing Details

OfficeReal Broker

Listing Map

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