Listing provided by: Rob Aumann, Compass
2127-2131 1/2 Felspar
San Diego, CA 92109
$2,449,000
Pending
Overview
Rare North Pacific Beach Fourplex with Immediate Value-Add Opportunity! Address is 2127-2131 1/2 Felspar. Well-maintained and held as a long-term investment, this exceptional income property offers the ideal combination of strong in-place cash flow, low deferred maintenance, and significant upside potential. Featuring two separate duplexes with an attractive unit mix of two 2BR/1BA units, one 3BR/2BA unit, and one 1BR plus office, this property is perfectly positioned for both seasoned investors and 1031 exchange buyers. Zoned Rm-3. Two upcoming vacancies create an outstanding opportunity to renovate (if desired) and quickly capture market rents. One 2BR unit is vacant now, followed by the 3BR/2BA unit at the end of September, allowing a new owner to substantially increase income in the near term. An extensive list of repairs and upgrades is available, reflecting the pride of ownership and ongoing care invested in the property. Located in highly desirable North Pacific Beach, this quiet residential neighborhood consistently attracts quality tenants seeking a coastal lifestyle with everyday convenience. Just minutes from the beach, Mission Bay, shopping, restaurants, parks, and major employment centers, the property also enjoys close proximity to the local elementary school and easy freeway access.
...
8 Beds
5 Full Baths
0 ft2
6,244 ft2
Details
General
Stories
1
Bedrooms
8
Bathrooms
5 full
Square footage
0 sq. ft.
Lot size
6,244 sq. ft.
Pool
No
Year built
1956
Other
Type
Multi-family
Included features
Sewer Connected
Listing information
MLS #
260018256
APN
4165530700
Listing provided by
Rob Aumann, Compass
Attribution Contact
+18584496560
Status
Pending
Location
Neighborhood
Pacific Beach
County
San Diego
2127-2131 1/2 Felspar, San Diego, CA 92109
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