4657 Felton St, Normal Heights, CA 92116
- $3,150,000
- 11
- BD
- 9
- BA
- 5,942
- SqFt
- List Price
- $3,150,000
- Days on Market
- 1
- Status
- ACTIVE
- MLS#
- 260022780
- Bedrooms
- 11
- Bathrooms
- 9
- Living Sq. Ft
- 5,942
- Lot Size(apprx.)
- 7,069
- City
- Normal Heights
- Property Type
- Multifamily
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.
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Additional Information
- Living Area
- 5,942
- Lot Size
- 7,069
- Stories
- 2
- Parking Spaces
- 9
Mortgage Calculator
Listing courtesy of Listing Agent: Raymond Choi (858-735-6632) from Listing Office: Marcus & Millichap.
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