4727-4729 Felton St - Apartments FOR SALE


San Diego, CA 92116- Adams North
$2,150,000 USD
619-550-4343
4727-4729 Felton St, San Diego, CA for Sale
$2,150,000 USD
Apartments - FOR SALE
1/11
null | 3.17% Cap Rate

4727-4729 Felton St
San Diego, CA 92116
Adams North


OVERVIEW

Top Gun CRE, Inc. offers 4727-29 Felton St, a meticulously maintained multifamily property in San Diego’s sought-after Normal Heights submarket. This 6-unit asset features two 2BR/2BA units, two 2BR/1BA units, one 1BR/1BA Unit 1 studio, housed across two 3-unit buildings. Most units offer more generous living space compared to typical properties in the area. Units feature upgrades including built-in microwaves, wall A/C units, ceiling fans, updated flooring, mirrored closet doors, fireplaces (in two units), skylights, and paneled interior doors. Currently 100% occupied, all tenants are on month-to-month leases. The front building, #4727, built in 1984, comprises 3 units: one 1 Bed/1 Bath and two 2 Bed/2Bath units. It offers 6 carports, 4 storage closets, and individual electric and gas meters. Each unit includes a balcony or small yard. The rear building, #4729, built in 1978, includes 3 units: two 2 Bed/1 Bath units and one non-conforming studio. It features one garage, a laundry room, and two storage rooms, with individual electric meters, a shared gas meter, and an electric meter for the water heater and laundry. Two townhouse-style units boast fenced yards. Situated on a 6,744 SF lot, the property is zoned RM-1-1 with Transit Area Overlay Zone and Sustainable Development Areas designations. Professionally landscaped and well-kept, this centrally located asset is minutes from major freeways and public transit, ensuring tenants easy access to San Diego County’s premier beaches and attractions.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$311 USD /SF

# OF UNITS

6

PRICE/UNIT

$358,333

CAP RATE

3.17%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,743 SF

ZONING

R4

APN/PARCEL ID

439-401-11

ASK ABOUT THIS PROPERTY

Kenneth HerskindTop Gun CREMore Info
619-550-4343

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Kenneth HerskindTop Gun CREMore Info
619-550-4343

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.