4755 Felton St
North of Adams Ave | 14 Units | 14 Parking Spaces
Marketing description
4755 Felton Street is a turnkey 14 unit multifamily investment opportunity located just North of Adams Avenue in the center of the desirable Normal Heights neighborhood of San Diego, California. Originally constructed in 1969 and fully renovated and upgraded in 2022, this attractive asset sits on a 9,419-square-foot lot and is comprised of approximately 9,932 square feet of building area.
The property features a desirable and well-balanced unit mix consisting of (6) two-bedroom / one-bathroom units, (7) one-bedroom / one-bathroom units, and (1) studio unit, catering to an ideal tenant base. Additionally, there are (14) off-street parking spaces, (7) in the front and (7) in the rear off the alley.
The property has undergone extensive exterior and interior renovations and upgrades including electrical, roof & windows, in-unit washer/dryers, wall air conditioning units, and dishwashers.
Being just North of Adams Avenue, at the center of Normal Heights Business District, gives tenants convenient walkable access to all that Adams Avenue has to offer. Additionally, it offers quick easy access to Interstates 805, 15 and 8.
Investment highlights
NORTH OF ADAMS AVENUE IN NORMAL HEIGHTS – Highly desirable neighborhood comprised mostly of single-family residences
HALF BLOCK FROM ADAMS AVENUE – Highly walkable to all amenities on Adams Avenue – Felton Street & Adams Ave is the center of Adams Avenue
(14) OFF-STREET PARKING SPACES – (7) spaces in front and (7) spaces in rear with alley access
EXTENSIVE INTERIOR & EXTERIOR RENOVATIONS AND UPGRADES – Upgraded electrical, new roof, in-unit washer/dryers, AC, dishwashers
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