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
Bedrooms8 Baths8.0 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 8 bedrooms and 8 full baths. This home is 5,954 square feet.

Palm Villas is located in Normal Heights, one of San Diego’s highest- demand and most resilient submarkets, prized for its walkable access to the shops, restaurants, and nightlife along Adams Avenue, the cultural energy of North Park, and the charm and architectural character associated with neighboring Kensington. This central location consistently attracts long-term tenants who value lifestyle, convenience, and neighborhood identity, supporting strong rent durability and low vacancy. The property has been thoughtfully remodeled, allowing it to compete at the upper end of the rental market without relying on speculative upgrades. Current in-place rents are just below nearby comparable properties, offering buyers immediate confidence in the income stream, with future upside driven by organic market growth and allowable annual rent increases rather than aggressive repositioning. Featuring a rare 71% ratio of 2BR/2BA units, 8 parking spaces and on-site laundry, this property is a premium long-term hold for any portfolio.

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Multi-Family Active

Price

$ 2,450,000

Bedrooms

8

Full Bath

8

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
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
Building Area Units Sqft
Living Area Units Sqft
Standard Status Active
Total Actual Rent 16055.0
Cap Rate 5.27
Freehold IDX
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Interior
Flooring Slab
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
Total Bedrooms 8
Total Baths 8
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Exterior
Parking Features Carports Spaces
Lot Size Area 0.0
Number of Buildings 1
Building Area Total 5954.0
Waterfront Y/N N
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* Excluded Features
List By
Christina M Labowicz

Listing Agent

Aci Apartments

Broker

(858) 876-5701

Phone

Affordability Calculator

$15,085
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,085
Monthly Property Taxes
--
Monthly 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
281193 Elementary School
281006 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
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 8 bedrooms and 8.0 baths. The property's zip code is 92116 which is in San Diego, CA