4585 Felton Street

San Diego CA 92116

5954 sq. ft.

Other

Last sold for $2,350,000

Christina Labowicz, last sold this property on 26 May 2026 after 123 days on market.

Overview

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 resilient submarkets.

Features

11 bedrooms

11 bathrooms

5954 sq. ft. floor area

Other

Estimated Value

We need at least 3 similar 11 bedroom other properties sold in San Diego over the last 12 months.

Property history for 4585 Felton Street

2026

Sold

$2,350,000

26 May 2026 by Christina Labowicz, of ACI Apartments

Happy sellers in San Diego

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