1449 Felspar, San Diego, CA 92109

Property Description

1449-55 and 1457-63 Felspar Street, 92109 (Property), features two newer/well-maintained adjacent mirror-image four-plexes, built in 1990. The Property has eight (8) units totalling around 10,514 SF of building, comprised of the following: Two (2) 2br/2.5 ba townhome-units; Two (2) 3br/2ba units; and Four (4) 3br/2.5ba townhome-units. There are six two-car (tandem) garages, two one-car garages, and two covered parking spaces (16 total parking spaces), as well as gated entry (front and rear) to central landscaped courtyard, from where all units are accessed. Both two-story buildings were built upon a concrete on grade foundation of wood-frame construction, with stucco exterior fascia, pitched Spanish-tile roofs and metal doors. Units are separately metered for gas and electricity (for very low common area electric costs), and feature private patios/balconies, in-unit washer/dryer hookups, central heat, ceiling fan/light fixtures, fireplaces, tile flooring in kitchens and bathrooms, and carpeted bedrooms. Offered only together as a package-deal, by virtue of this Property being comprised of two adjacent 4-unit properties, the unique opportunity exists for a buyer/investor to acquire eight (8) units with either commercial financing (via one loan), or residential (2-4 unit) financing (via two loans). Call Joseph Burrough of Palma Commercial, exclusive Listing Agent, for further details. Exterior: ,,