4755 Felton St, Normal Heights, CA 92116
- $6,700,000
- List Price
- $6,700,000
- Status
- ACTIVE
- MLS#
- 260009432SD
- Lot Size
- 9,419
- Acres
- 0.22
- Days on Market
- 144
- Property Type
- Commercial
- Property Sub Type
- Mixed Use
Property Description
4755 Felton Street is a turnkey 14 unit multifamily investment opportunity located just North of Adams Avenue in the center of the desirable Normal Heights neighborhood of San Diego, California. Originally constructed in 1969 and fully renovated and upgraded in 2022, this attractive asset sits on a 9,419-square-foot lot and is comprised of approximately 9,932 square feet of building area. The property features a desirable and well-balanced unit mix consisting of (6) two-bedroom / one-bathroom units, (7) one-bedroom / one-bathroom units, and (1) studio unit, catering to an ideal tenant base. Additionally, there are (14) off-street parking spaces, (7) in the front and (7) in the rear off the alley. The property has undergone extensive exterior and interior renovations and upgrades including electrical, roof & windows, in-unit washer/dryers, wall air conditioning units, and dishwashers. Being just North of Adams Avenue, at the center of Normal Heights Business District, gives tenants convenient walkable access to all that Adams Avenue has to offer. Additionally, it offers quick easy access to Interstates 805, 15 and 8.
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Additional Information
- Cooling
- Yes
- Attached Structure
- Detached
- Number Of Units Total
- 14
- Gross Scheduled Income
- $464,352
- Operating Expense
- 143109
Listing courtesy of Listing Agent: Raymond Choi (rchoi@marcusmillichap.com) from Listing Office: Marcus & Millichap.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.