3209-15 Fairmount Ave
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3209-15 Fairmount Ave
4 Unit Block of Flats £1,341,300 (£335,325/Unit) 3.09% Net Initial Yield San Diego, CA 92105
Executive Summary
3209-15 Fairmount Ave is a Four Unit Mixed Use Property that Offers a Well Located Opportunity with Development Upside. The property Consists of One 2BR/1BA Unit, One 1BR/1BA Unit, Two Retail Units, Two Double Garages and a Cell Tower. Additional Features Include: Gated Security and Off-Street Parking. Property is located in Complete Communities Tier 3 Zoning.
Property Facts
| Price | £1,341,300 | Property Subtype | Apartment |
| Price Per Unit | £335,325 | Apartment Style | Low Rise |
| Sale Type | Investment | Building Class | C |
| Net Initial Yield | 3.09% | Building Size | 3,800 SF |
| Gross Rent Multiplier | 17.2 | Average Occupancy | 50% |
| No. Units | 4 | Number of Floors | 2 |
| Property Type | Residential | Year Built | 1950 |
| Price | £1,341,300 |
| Price Per Unit | £335,325 |
| Sale Type | Investment |
| Net Initial Yield | 3.09% |
| Gross Rent Multiplier | 17.2 |
| No. Units | 4 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Building Size | 3,800 SF |
| Average Occupancy | 50% |
| Number of Floors | 2 |
| Year Built | 1950 |
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Walk Score ®
Very Walkable (74)
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Adam Cairo -
Starker West, Inc
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3209-15 Fairmount Ave
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