4585 Felton St San Diego, CA ^$ 2,450,000

4585 Felton St

^$ 2,450,000

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4585 Felton St

San Diego, CA, 92116

^$ 2,450,000

Bedrooms11 Baths11.0 Sq 5,954

Monthly Estimate*

^$ 15,085

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Multi-Family Home for sale in San Diego, CA

for $2,450,000 with 11 bedrooms and 11 full baths. This home is 5,954 square feet.

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 and upgraded 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.

Multi-Family Active

Price

^$ 2,450,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Com-Res Income

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260001642

Features

General

Heating Wall

Construction Materials Fully Landscaped Metal Fence Wood Fence

Year Built 0

Stories Count 2

Levels 2 Story

Property Subtype Com-Res Income

County San Diego

Operating Expense 57650.0

New Construction N

Property Type Residential Income

HOA N

Attached Garage N

Full Baths 11

Status ACTIVE

City San Diego

Senior Community Y/N N

Number Of Units Total 7

MLS Area Metro Uptown

Lot Size Units Acres

Property Attached Y/N N

Virtual Tour https://www.zillow.com/homedetails/4585-Felton-St-APT-2-San-Diego-CA-92116/2105718603_zpid/?mmlb=p 0

Building Area Units Sqft

Living Area Units Sqft

Standard Status Active

Total Actual Rent 16055.0

Cap Rate 5.27

Freehold IDX

Interior

Flooring Slab

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Half Baths 0

Total Bedrooms 11

Total Baths 12

Exterior

Parking Features Carports Spaces

Lot Size Area 0.0

Number of Buildings 1

Building Area Total 5954.0

Waterfront Y/N N

* Excluded Features

List By

Christina M Labowicz

Listing Agent

Aci Apartments

Broker

(858) 876-5701

Phone

Affordability Calculator

$15,085

Per Month

Monthly Principal & Interest: $15,085
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in San Diego, CA

Average List Price ^$2,206,875

Percent of Sale Price 10%

About San Diego, CA

1,417,428 Population

15% Since 2002

^$72,408 Median Income

36.37 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

281193 Elementary School

281006 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/22/2026	$2,450,000		Listed Price

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4585 Felton St, San Diego, CA, 92116 is a Multi-Family Home for sale at $2,450,000 with 5,954 sqft. 4585 Felton St has 11 bedrooms and 11.0 baths. The property's zip code is 92116 which is in San Diego, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of The Internet Data Exchange Program of San Diego Multiple Listing Service, 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 Multiple Listing Service, Inc. 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.

Data is updated as of 3/26/2026.

CA BRE #019180026.

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4585 Felton St

Multi-Family Home for sale in San Diego, CA

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