4585 Felton St, San Diego, CA 92116

San Diego
Local realty services provided by:ERA North Orange County Real Estate
4585 Felton St,San Diego, CA 92116
$2,375,000
Virtual Tour
  • 11 Beds
  • 12 Baths
  • 5,954 sq. ft.
  • Multi-family
  • Pending
Listed by: christina m labowicz
Office: aci apartments
MLS#:260001642
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,375,000
  • Price per sq. ft.:$398.89

About this home

Palm Villas features a rare, high-demand unit mix consisting of (5) 2BR/2BA units and (2) 1BR/1BA units. This 71% ratio of two-bedroom floor plans provides significant rent upside and attracts stable, long-term tenants who prioritize the flexibility of a second bedroom for home offices or roommates. Boasting a Walk Score of 93, the property is perfectly positioned in Normal Heights, just steps from the vibrant dining and nightlife of Adams Avenue, North Park, and Kensington. This turn-key asset includes (8) dedicated parking spaces and on-site laundry, essential amenities that drive high tenant retention. Thoughtfully maintained to command top-tier rents without further capital expenditure, the property offers an immediate, reliable income stream. With current rents sitting just below market comps, investors can realize clear organic growth through annual allowable increases. This is a durable, premium acquisition designed for long-term portfolio growth in one of San Diego’s most...

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Home facts

  • Listing ID #:260001642
  • Added:119 day(s) ago
  • Updated:May 22, 2026 at 07:38 AM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:12
  • Full bathrooms:11
  • Flooring:Slab
  • Living area:5,954 sq. ft.

Heating and cooling

  • Heating:Wall

Structure and exterior

  • Building area:5,954 sq. ft.
  • Levels:2 Story

Finances and disclosures

  • Price:$2,375,000
  • Price per sq. ft.:$398.89

Parking

  • Parking description:Carports, Spaces
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