4669 Felton Street
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4669 Felton Street

D

San Diego, CA 92116

$1,695,000
NEW — 1d

Beds

Baths

Sqft

2,964

Year Built

1952

Days on Market

1

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

PTP2602884

This property is in San Diego (92116). View neighborhood stats →

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About This Property

We are pleased to present Felton St Apartment Homes, a 7-unit multifamily property featuring 5 legal units and 2 nonconforming bonus units, strategically located at 4669–4673 Felton Street in San Diego, California. Unit mix is (4) Studios, (2) 1bed/1bath, & (1) 2bed/1bath. Just steps from the iconic Normal Heights Sign and the vibrant Adams Avenue corridor, the property benefits from immediate access to a dynamic mix of local dining, nightlife, and daily conveniences. This prime location consistently attracts strong tenant demand driven by its central proximity to Downtown San Diego, major employment hubs, and surrounding lifestyle neighborhoods like North Park and Kensington. This well-maintained investment asset offers an exceptional opportunity for investors to acquire a high-demand residential property in one of the region’s strongest and most stable rental markets.

Mortgage Calculator

Est. Monthly Payment

$10,760

Principal & Interest$8,571
Property Tax$1,695
Insurance$494
%($339,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$4,715
Monthly Cashflow

Rent − PITIA

$-6,045
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,542

Mortgage (P+I)
$8,571
Cap Rate
0.02%
Cash-on-Cash
-30.24%
DSCR

Need ≥ 1.25 for DSCR loan

0.44
Break-even Rent
$15,808

NOI (Annual)
$349
Price-to-Rent

Lower = better for investors

30.0

* 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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