4576 4582 Felton Street, San Diego, CA — listing photo 1
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FOR SALENew Listing

4576 4582 Felton Street

San Diego, CA 92116
6,628 Lot Sq Ft
Built 2024
$2,300,000

Property Overview

Rare 7-unit Normal Heights offering with the heavy lifting done. Two detached buildings on one lot: a 1926 Spanish-style 2BD/2BA single-family home, fully renovated in 2022, with its own detached garage and private fenced yard, plus a brand-new two-story building of six units completed in 2026 (two 2BD/2BA and four 1BD/1BA). The new units feature private entries, ductless mini-split A/C, tankless water heaters, quartz counters, electric ranges, fire sprinklers and individual water sub-meters. Six of seven units are leased at 2026 market rents, and one unit is ready to lease. Currently operating at a 5.64% cap rate, with the potential to reach 6.60% once stabilized. New construction means little deferred maintenance, and the new units may be exempt from AB 1482 rent caps (buyer to verify). Walk to the cafes, restaurants and shops of Adams Ave, minutes to North Park, I-805 and I-8.

Home Details

Property type
Residential Income
Year built
2024
Lot size
6,628 sq ft
Parking
3 spaces
Garage
1 spaces
Stories
2
Days on market
0
MLS status
Active
Zoning
R-3:Restricted Multiple

Features & Amenities

Pool

  • None

Lot

  • Zero To One Unit Acre

Community, Schools & Utilities

Utilities

Sewer
PublicSewer
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Location & Neighborhood

4576 4582 Felton Street

San Diego, CA 92116

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Frequently Asked Questions About 4576 4582 Felton Street

Property type: Residential Income

The current asking price is $2,300,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 4576 4582 Felton Street. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 2024. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in San Diego, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this San Diego property.
The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Reese Nickell
MLS ID: 818659

Available property

$2,300,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.