3681 Fairmount Avenue

San Diego, CA 92105

$2,100,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

calendar_month Built

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.

Listing Information

List Price $2,100,000
Status Pending
MLS 240015683SD
HOA $0
Type Commercial
Subtype Mixed Use
Lot Size N/A
Structure Size N/A
DOM 56
Courtesy Of NorthMarq Multifamily
Listing Agent Benn Vogelsang DRE#01883437
Co-Listing Agent Erik Anderson DRE#01991182

Interior Features

Total Bedroom
Bedrooms N/A

Exterior Information

Maps

Listing information courtesy of: Benn Vogelsang, Erik Anderson, NorthMarq Multifamily . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:25 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.