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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 3,150,000

Est. payment | -/mo

11 Beds

9 Baths

5,942 SqFt

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$ 3,150,000

Est. payment | -/mo

Save Virtual Tour

11 Beds

9 Baths

5,942 SqFt

Key Details

Property Type Multi-Family

Sub Type Com-Res Income

Listing Status Pending

Purchase Type For Sale

Square Footage 5,942 sqft

Price per Sqft $530

MLS Listing ID 260022780

Bedrooms 11

Full Baths 9

Lot Size 7,069 Sqft

Property Sub-Type Com-Res Income

Property Description

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.

Location

State CA

County San Diego

Community Other/Remarks

Area Metro Uptown

Interior

Fireplace No

Exterior

View Y/N No

Total Parking Spaces 9

Building

Story 2

Others

Senior Community No

Tax ID 43944227

Virtual Tour https://www.propertypanorama.com/instaview/snd/260022780

Listed by Raymond Choi, DRE#01297138 Marcus & Millichap

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA 92124

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4657 Felton St San Diego, CA 92116