4525 Felton Street

    San Diego, CA 92116
    • $3,200,000
    • STATUS: ACTIVE
    • ON SITE: 11 days
    • ID#: 180051152
    UPDATED: 53 min ago
    $3,200,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Located at 4525 Felton Street, this 6,577 square foot lot is home to two, two story buildings constructed in 1959. The Property features an extremely rare and attractive unit mix that includes all two-bedroom/one-bath units. The entire complex was completely renovated in 2018, and includes the finest interior upgrades as well as significant exterior upgrades. Attributes include a secured gated entrance, stackable washer/dryers in each unit, spacious units with large private patios, and off-street parking for the tenant’s convenience. There are a four assigned spaces in the rear of the building, as well as four assigned spaces in the front of the building. Felton Street Apartments is located in one of central San Diego’s premier residential communities. The location offers residents the walk-ability of the vibrant Normal Heights neighborhood. Residents benefit from being just a few blocks away from the boutiques, restaurants and nightlife that line Adams Avenue, along with close access to freeways.

    Monthly Payment Calculator

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 San Diego MLS, Inc.
    www.triolorealty.com/homes/87425543

    4525 Felton Street San Diego, CA 92116

    • Price: $3,200,000
    • Status: ACTIVE
    • Updated: 53 min ago
    • ID#: 180051152
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    Neighborhood:
    Normal Heights (92116)
    County:
    San Diego
    Area:
    Normal Heights (92116)
    Property Description
    Located at 4525 Felton Street, this 6,577 square foot lot is home to two, two story buildings constructed in 1959. The Property features an extremely rare and attractive unit mix that includes all two-bedroom/one-bath units. The entire complex was completely renovated in 2018, and includes the finest interior upgrades as well as significant exterior upgrades. Attributes include a secured gated entrance, stackable washer/dryers in each unit, spacious units with large private patios, and off-street parking for the tenant’s convenience. There are a four assigned spaces in the rear of the building, as well as four assigned spaces in the front of the building. Felton Street Apartments is located in one of central San Diego’s premier residential communities. The location offers residents the walk-ability of the vibrant Normal Heights neighborhood. Residents benefit from being just a few blocks away from the boutiques, restaurants and nightlife that line Adams Avenue, along with close access to freeways.
    Exterior Features

    Parking Spaces Total 8

    Interior Features

    Baths Unit1 1 Bedrooms Unit1 2 Sq Ft Of Improvement 4988 Units With Dishwashers 8 Units With Disposals 8 Units With Ranges 8 Units With Refrigerators 8

    Property Features

    Actual Cap Rate 4.34 Actual Gross Operating Income 199327 Actual Gross Scheduled Income 201780 Actual Operating Expense 60593 Actual Vacancy And Credit Loss 6053 Assumable Finance 0 Buildings 2 Gross Equity 0 Gross Multiplier 15.86 Have Units Mandatory Remarks None Known Market Area Metro Uptown Motive Want Sell Other Income Actual 3600 Projected Cap Rate 4.68 Projected Gross Multiplier 14.98 Projected Gross Operating Inc 210792 Projected Gross Scheduled Inc 213600 Projected Net Income 149608 Projected Operating Expense 61184 Projected Other Income 3600 Projected Vacancy And Credit Loss 6048 Short Sale No Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water Y Unit Number1 8

    Listing provided courtesy of Cushman & Wakefield Of San Die. Listing information © 2018 San Diego MLS, Inc.
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 San Diego MLS, Inc.
     
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    San Diego CA, 92130