Realty Solution
Powered by 
- 2
- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
Listed by: Reese Nickell (858) 327-1544 DRE #02195727 | Freedom Realty (858) 324-6146
$2,300,000
Monthly Est:$11,448
5 Beds
5 Baths
4,476sqft
4576 4582 Felton St, San Diego, CA 92116
$2,300,000
$11,448/moEst:
Get Pre-Approved
Multi Family
Built in 2024
$-- HOA
6,628 sqft lot
$514/sq.ft
Description
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.
- Houzeo last checked: 2 minutes ago
- Listing updated: October 27, 2026 at 6:37 pm
- Source: California Regional MLS-CA | MLS#: PTP2607746
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
2024
HOA Fees
-
Finished Area
4,476 sqft
Lot Size
6,628 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PTP2607746
MLS Status
Pending
Days on Market
15
Cumulative Days on Market
5
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 5
Bathrooms: 5
Interior
Sewer
Public Sewer
Utilities & Energy
Laundry Features
Inside, See Remarks, Stacked
Pool Features
None
Other Features
Lot Features
Zero To One Unit Acre
Community Features
Park, Sidewalks
Price History
| Date | Event | Price |
|---|---|---|
10/26/2026 Source: | Pending | $2,300,000 $514/sqft |
10/14/2026 Source: | Off Market | $2,300,000 $514/sqft |
10/14/2026 Source: | Listed for Sale | $2,300,000 $514/sqft |
Nearby Homes
Find Homes by Property Features in San Diego, CA
Nearby New Homes For Sale
Based on information from California Regional Multiple Listing Service, Inc. as of Oct 31, 2026, 12:45PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
