1831 Felton Street
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1831 Felton Street

C

San Diego, CA 92102

$1,299,999
NEW — 6d

Beds

Baths

Sqft

1,535

Year Built

1958

Days on Market

6

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

PTP2605024

This property is in San Diego (92102). View neighborhood stats →

Virtual Tour

About This Property

Welcome to 1831-1833 Felton Street, a beautifully renovated duplex in the heart of North Park, one of San Diego's most sought-after neighborhoods. This turnkey property features two attached units, making it an exceptional opportunity for owner-occupants, multigenerational living, or investors. The front unit offers 3 bedrooms, 2 bathrooms, and approximately 899 sq. ft., while the rear unit features 2 bedrooms, 1 bathroom, and approximately 636 sq. ft. Both homes have been thoughtfully updated with new cabinetry, quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and beautifully remodeled bathrooms with designer tile accents. Each unit also includes its own stackable washer and dryer, energy-efficient mini-split heating and air conditioning system, and separate private landscaped yard—perfect for relaxing, entertaining, or enjoying San Diego's year-round sunshine. A new roof adds lasting value and peace of mind. While there is no garage or off-street parking, the property's generous outdoor living spaces provide an inviting extension of each home and a rare amenity for an urban setting. Ideally located just minutes from Balboa Park, Morley Field, downtown San Diego, and major freeways, this home places you in the center of North Park's vibrant lifestyle. Enjoy an eclectic mix of award-winning restaurants, craft breweries, coffee shops, boutiques, galleries, and neighborhood events, all contributing to the area's reputation as one of San Diego's most walkable and desirable communities. Whether you're looking to live in one unit and rent the other or expand your investment portfolio with a move-in-ready property, this exceptional duplex offers modern upgrades, private outdoor space, and an unbeatable location.

Mortgage Calculator

Est. Monthly Payment

$8,253

Principal & Interest$6,574
Property Tax$1,300
Insurance$379
%($260,000)
%

Location

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Investment Score

5D
Est. Monthly Rent
$4,300
Monthly Cashflow

Rent − PITIA

$-3,953
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,025

Mortgage (P+I)
$6,574
Cap Rate
0.51%
Cash-on-Cash
-27.81%
DSCR

Need ≥ 1.25 for DSCR loan

0.52
Break-even Rent
$12,124

NOI (Annual)
$6,584
Price-to-Rent

Lower = better for investors

25.2

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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