On Site12 days
Year55
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Robert & Joy Aumann
(858) 752-8730ASAP
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FOR SALE: 1320 Felspar St San Diego CA 92109 | 230008044 |$4,300,000| Call Rob (858) 752-8730 for a TOUR!
Status:
Pending
Property Type:Com-Res Income
MLS #:230008044
On Site:12 Days
County:San Diego
Listing Agent/Office
Agent:Carson Trujillo
Agent Phone:858-373-3285
Office:Marcus & Millichap
Pleased to present for sale a 7 unit partially renovated apartment complex in the Pacific Beach neighborhood of San Diego. Constructed in 1968 with recent upgrades, this property rests on a 6,335 SF lot and offers 5,028 of rentable SF. 1320 Felspar St is comprised of (one) three-bedroom/two-bathroom unit, (2) two-bedroom/1-bathroom units, and (4) one-bedroom/one-bathroom units. In 2022, the units were turned over with various updates to the interiors. With architectural plans already submitted to the city, investors could convert the garages adding an additional (2) large one-bedroom/one-bathroom units making this property 9-units total. ADU units 563 and 601 SF.
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Community Information
Address:1320 Felspar St, San Diego, CA 92109
County:San Diego
City:San Diego
Area (MLS Code):Coastal South
Zip Code:92109
Rooms
Dimensions | |
Master | |
Bedroom 2 | |
Bedroom 3 | |
Bedroom 4 | |
Bedroom 5 | |
Breakfast Area | |
Dining Room | |
Kitchen | |
Living Room | |
Family Room | |
Extra Room 1 | |
Extra Room 2 | |
Extra Room 3 |
Property Features
Zoning:R-3
Tax and Financial Info
Cap Rate Actual: $4.20
Cap Rate Projected: $5.14
Actual Operating Expense: $80, 362
Actual Gross Schd Income: $261, 000
Schools
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1320 Felspar St San Diego, CA 92109
ASAP
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Jun
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2
Jun
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3
Jun
Sun
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Jun
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Jun
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