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Luis Alvarado

luisalvaradorealtor@gmail.com +1(619) 646-6761

$ 2,750,000

Est. payment -/mo

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Price Dropped by $400K

1165-1171 Felspar St. San Diego, CA 92109

8 Beds

5 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Pacific Beach

MLS Listing ID 260004397

Bedrooms 8

Full Baths 5

Year Built 1953

Property Sub-Type Res Income 2-4 Units

Property Description

PRIME REDEVELOPMENT OPPORTUNITY IN PACIFIC BEACH! Don't miss this rare opportunity to own two 4-unit residential complexes in the heart of Pacific Beach. Ideally located on the corner of Felspar & Everts St., this property sits in a highly desirable neighborhood with strong rental demand and abundant local amenities; making it an excellent redevelopment opportunity! Just one block from PB's vibrant main strip on Garnet Ave. and only a few short blocks from the beach. Prime location close to popular restaurants, shops, nightlife, and coastal attractions, including Crystal Pier, Sail Bay, Mission Beach, and Belmont Park. This location provides easy access to some of San Diego's most desirable destinations. Property Details: *Two Parcels Sold Together* Total Lot Size Approx.: 6,696 sq. ft. Parcel 1 (1165-1171): Three 2-bedroom, 1-bathroom ground-floor units (~760 sq. ft. each) One upstairs 2-bedroom, 2-bathroom unit (~932 sq. ft.) Four garages and shared laundry room Parcel 2 (1173-1179): Three 2-bedroom, 1-bathroom ground-floor units (~760 sq. ft. each) One upstairs 3-bedroom, 2-bathroom unit (~932 sq. ft.) Four garages and shared laundry room

Location

State CA

County San Diego

Community Laundry Facilities

Area Coastal South

Direction I-5 North - take Exit 23A to Grand Ave./Garnet Ave. I-5 South - take Exit 23 to Balboa Ave./Garnet. Take a right on Everts St.

Interior

Heating Wall/Gravity

Fireplace No

Exterior

Fence Full

Utilities Available Sewer Connected

View Y/N No

Water Access Desc Meter on Property

Roof Type Composition

Building

Story 2

Water Meter on Property

Level or Stories 2

Others

Senior Community No

Tax ID 415-623-21-00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/snd/260004397

Listed by Justin D Hoech, DRE#01926592 Shore Management Inc

Luis Alvarado

Agent | License ID: 02242808

+1(619) 646-6761

Luis Alvarado

1165-1171 Felspar St. San Diego, CA 92109

Key Details

Location

Interior

Exterior

Building

Others

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1165-1171 Felspar St.