$2,065,000
SOLD JUL 31, 2025
5 Beds
5 Baths
3,954 Sq Ft
6,744 Sq Ft Lot

Recently Sold

$522 Per Sq Ft

4% Below List Price

66 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • No Heating

About This Home

As of July 2025

Felton St, a meticulously maintained multifamily property in San Diego’s sought-after Normal Heights submarket. This 6-unit asset features one 1BR/1BA, two 2BR/2BA units, two 2BR/1BA units and one Studio, housed across two 3-unit buildings. 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 1BR/1BA and two 2BR/2BA units. It offers 3 carports with 6 spots, 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 2BR/1BA units and one 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.

Last Agent to Sell the Property

Kenneth Herskind

Top Gun CRE Brokerage Email: kenh@topguncre.com License #01872460 Listed on: 04/18/2025

Last Buyer's Agent

Krista Losito

KB Investments License #01763777

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 6,744 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • 6 Carport Spaces

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 3,954 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Additional Features

  • Urban Location
  • No Heating

Listing and Financial Details

  • Tax Lot 8-001
  • Tax Tract Number 985
  • Assessor Parcel Number 4394011100
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,283
  • Operating Expense $48,373
  • Gross Income $120,000
  • Net Operating Income $68,117

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • CapRate: 3.17
  • Price Per Unit: 358333
  • Property Attached: Yes
  • View: No
  • Zoning: R-4
  • Property Type: Residential Income
  • Parcel Number: 4394011100
  • Year Built: 1984
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: Street level
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 522.26

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 6.00
  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 7.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6744.00
  • Lot Size Acres: 0.1548

Multi Family

  • Gross Income: 120000.00
  • Gross Scheduled Income: 120000.00
  • Insurance Expense: 2283.00
  • Lot Size Area: 6744.0000 Square Feet
  • Net Operating Income: 68117.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Operating Expense: 48373.00
  • Rent Control: No
  • Total Expenses: 48373.00

Tax Info

  • Tax Lot: 8-001
  • Tax Tract Number: 985

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Sold $2,065,000 -4.0% $522 / Sq Ft
06/23/2025 06/23/25 Pending -- -- --
05/26/2025 05/26/25 For Sale $2,150,000 0.0% $544 / Sq Ft
05/19/2025 05/19/25 Pending -- -- --
04/18/2025 04/18/25 For Sale $2,150,000 -- $544 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2502751

California Regional Multiple Listing Service (CRMLS)