SoldMay 26, 2026

Listed by Christina Labowicz from ACI Apartments

Source: San Diego MLS #260001642

4585 Felton Street, San Diego, CA, 92116

$2,350,000

11
11
5954 sq. ft.

Other

30+ days on the market

Sold: May 26, 2026

What's around 4585 Felton Street

About this property

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.

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Listing courtesy of ACI Apartments

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