$3,150,000
Pending4657 Felton St
San Diego CA 92116
N/A
SF
Mixed Use
Type
N/A
Built
N/A
Cost/SF
Listing Agent
Land Details
Location Analysis
About This Property
See OM! 4657 Felton Street, a 9-unit, 5,942-square-foot multifamily community located in the trendy neighborhood of Normal Heights, just steps from Adams Avenue entertainment, in San Diego. Originally constructed in 1969, the property was repositioned in 2018 with an extensive renovation plan to cater to today’s top renters. The offering is priced at $3,150,000 at a 5.42% cap rate. The building consists of nine units across an efficient mix of two 2-bedroom / 1-bathroom units (approximately 825 SF) and seven 1-bedroom / 1-bathroom units (averaging 615 SF). Additionally, there are 9 off-street parking spaces, AC in all units, and a common laundry facility. This straightforward, highly usable layout caters to a broad urban tenant base and remains consistently attractive to renters in the submarket.
Property Information
Property Overview
Commercial - MixedUse
Property Type
Pending
Status
9
Total Units
0.1623 acres
Lot Size
5.42%
Cap Rate
$171K
NOI
9
Parking Total
Property Highlights
N/A Property
Prime Location with High Visibility
5.42% Cap Rate
Location Analysis
Zoning & Use
Parking & Access
Investment Metrics
5.42%
Cap Rate
$170,779
NOI
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