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$ 3,150,000
Est. payment | /mo
11 Beds
9 Baths
5,942 SqFt
$ 3,150,000
Est. payment | /mo
11 Beds
9 Baths
5,942 SqFt
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
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
Listed by Raymond Choi, DRE#01297138 Marcus & Millichap
NEARBY SCHOOL & BUSINESS
8322 Clairemont Mesa Blvd Suite 206, Diego, California 92111, United States