4657 Felton St, San Diego, CA 92116
List Price: $3.15M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Lot Size: 7,069 sq ft
MLS Number: 260022780SD
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.
Listing provided by: Raymond Choi DRE #01297138 858-373-3100 rchoi@marcusmillichap.com, Marcus & Millichap
Source: CRMLS, MLS #: 260022780SD
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.
Property Photos
