4585 Felton St, San Diego, CA 92116

Local realty services provided by:ERA North Orange County Real Estate
4585 Felton St,San Diego, CA 92116
$2,450,000
Virtual Tour
  • 8 Beds
  • 8 Baths
  • 5,954 sq. ft.
  • Multi-family
  • Active
Listed by: christina m labowicz
Office: aci apartments
MLS#:260001642
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,450,000
  • Price per sq. ft.:$411.49

About this home

Palm Villas is located in Normal Heights, one of San Diego’s highest- demand and most resilient submarkets, prized for its walkable access to the shops, restaurants, and nightlife along Adams Avenue, the cultural energy of North Park, and the charm and architectural character associated with neighboring Kensington. This central location consistently attracts long-term tenants who value lifestyle, convenience, and neighborhood identity, supporting strong rent durability and low vacancy. The property has been thoughtfully remodeled, allowing it to compete at the upper end of the rental market without relying on speculative upgrades. Current in-place rents are just below nearby comparable properties, offering buyers immediate confidence in the income stream, with future upside driven by organic market growth and allowable annual rent increases rather than aggressive repositioning. Featuring a rare 71% ratio of 2BR/2BA units, 8 parking spaces and on-site laundry, this property is a

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Home facts

  • Listing ID #:260001642
  • Added:21 day(s) ago
  • Updated:February 10, 2026 at 03:24 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Living area:5,954 sq. ft.

Heating and cooling

  • Heating:Wall

Structure and exterior

  • Building area:5,954 sq. ft.

Finances and disclosures

  • Price:$2,450,000
  • Price per sq. ft.:$411.49
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