Welcome to a rare, turnkey 4-unit opportunity in the heart of Fairmount Village, where modern design meets smart investment potential. Property has 5.25% Cap Rate, 15.53 GRM, $545,238 a door at $688 SF. Every unit comes with parking, 1 to 1 parking ratio. Property owner only expenses are taxes, insurance,… Read More and trash. Anchoring the property is a beautifully reimagined front home offering 1,198 SF of stylish living space and its own exclusive-use private yard—a true standout feature that feels like a single-family retreat. Fully remodeled from top to bottom, this residence showcases luxury vinyl plank flooring, brand-new dual-pane windows, a new roof, and a thoughtfully designed kitchen and bathrooms that blend clean, contemporary finishes with everyday functionality. Tucked behind, three newly constructed units deliver the ultimate in low-maintenance, high-demand living. The unit mix includes two 1-bedroom residences and a spacious 3-bedroom home with a versatile layout—featuring one bedroom and full bath on the main level, and two additional bedrooms and a bath upstairs—ideal for multi-generational living or maximizing rental flexibility. Each unit is equipped with its own split HVAC system, in-unit washer and dryer, and assigned off-street parking, offering comfort and convenience that today’s tenants and owners expect. All the heavy lifting has been done—new construction, major system upgrades, and modern finishes—so you can step right into a seamless ownership experience. Located in Fairmount Village neighborhood of East San Diego, minutes from downtown San Diego. Read Less
Listing Snapshot
Days Online
28
Last Updated
Lot Size
0.15 Acres
Year Built
2026
MLS Number
260010007SD
Additional Details
Appliances & Equipment
GasWaterHeater
Building
Built in 2026, 2 buildings, 2 stories, Levels: Two
Community
Park Name: 47th Street Apartments
Cooling
SeeRemarks, Zoned
Heating
Electric, ForcedAir
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $140,400
Lot
0.1484 acres
Parking
1 total parking spaces
Pool
None
Taxes
Parcel Number: 4760612200, Zoning: RS 1-6
Tenant Pays
CableTv, Electricity, Gas, Sewer, TrashCollection, Water
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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