1165 1171 Felspar St. San Diego, CA $ 3,150,000
1165 1171 Felspar St.
$ 3,150,000
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1165 1171 Felspar St.

San Diego, CA, 92109
$ 3,150,000
Baths1.0

Monthly Estimate*

$ 19,395

Listed by Shore Management Inc
1165 1171 Felspar St., San Diego, CA 92109 - Image 1
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Studio

Multi-Family Home for sale in San Diego, CA

for $3,150,000 with 1 full bath. This home was built in 1953.

PRIME REDEVELOPMENT OPPORTUNITY IN PACIFIC BEACH! Don’t miss this rare opportunity to own two 4-unit residential complexes in the heart of Pacific Beach. Ideally located on the corner of Felspar & Everts St., this property sits in a highly desirable neighborhood with strong rental demand and abundant local amenities; making it an excellent redevelopment opportunity! Just one block from PB’s vibrant main strip on Garnet Ave. and only a few short blocks from the beach. Prime location close to popular restaurants, shops, nightlife, and coastal attractions, including Crystal Pier, Sail Bay, Mission Beach, and Belmont Park. This location provides easy access to some of San Diego’s most desirable destinations. Property Details: *Two Parcels Sold Together* Total Lot Size Approx.: 6,696 sq. ft. Parcel 1 (1165-1171): Three 2-bedroom, 1-bathroom ground-floor units (~760 sq. ft. each) One upstairs 2-bedroom, 2-bathroom unit (~932 sq. ft.) Four garages and shared laundry room Parcel 2 (1173-1179): Three 2-bedroom, 1-bathroom ground-floor units (~760 sq. ft. each) One upstairs 3-bedroom, 2-bathroom unit (~932 sq. ft.) Four garages and shared laundry room

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Multi-Family Active

Price

$ 3,150,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1953

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260004397SD

Days on Market

32

Features
General
Heating Natural Gas
Cooling None
Roof Composition
Appliances Gas Water Heater
HOA Fee 0
Pool Features None
Year Built 1953
Tenant Pays Electricity Gas Trash Collection
Stories Count 2
Levels Two
County San Diego
Net Operating Income 90295
Property Type Residential Income
Subdivision Name Pacific Beach
Status Active
Directions I-5 North - take Exit 23A to Grand Ave./Garnet Ave. I-5 South - take Exit 23 to Balboa Ave./Garnet. Take a right on Everts St. CrossStreet: Everts St.
City San Diego
Senior Community Y/N false
Number Of Units Total 4
MLS Area 92109 - Pacific Beach
Listing Terms Cash Conventional
Spa Features None
Standard Status Active
Cap Rate 2.87
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Interior
Total Stories 2
Air Conditioning Y/N false
Heating Y/N true
Total Baths 0
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Exterior
Total Parking 0
Park Name N/A
Number of Buildings 1
Spa true
Private Pool false
Lot Size Source Public Records
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* Excluded Features
List By
Shore Management Inc

Broker

justin@shoremanagement.com

Email

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$19,395
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Monthly Principal & Interest
$19,395
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/25/2026$3,150,000 Listed Price

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1165 1171 Felspar St., San Diego, CA, 92109 is a Multi-Family Home for sale at $3,150,000. 1165 1171 Felspar St. is a studio with 1.0 baths and was built in 1953. The property's zip code is 92109 which is in San Diego, CA