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$3,150,000

Pending

4657 Felton St

San Diego CA 92116

N/A

SF

Mixed Use

Type

N/A

Built

N/A

Cost/SF

50 days on marketNalren refreshed

Listing Agent

Raymond Choi

Listing Agent

DRE #: 01297138

(858) 373-3100

Brokerage: Marcus & Millichap

Land Details

Lot Size0.1623 acres
Parcel Number43944227

Location Analysis

MapProperty Location

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

Map

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