2127-2131 1/2 Felspar, San Diego, CA 92109
2127-2131 1/2 Felspar, San Diego, CA 92109
2127-2131 1/2 Felspar, San Diego, CA 92109
2127-2131 1/2 Felspar, San Diego, CA 92109
2127-2131 1/2 Felspar, San Diego, CA 92109
2127-2131 1/2 Felspar, San Diego, CA 92109
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Amjad Alsayori

Amjad Alsayori

+1(858) 285-9311
$ 2,449,000
Est. payment | /mo

8 Beds

5 Baths

6,244 Sqft Lot

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$ 2,449,000
Est. payment | /mo
Save Virtual Tour

8 Beds

5 Baths

6,244 Sqft Lot

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 260018256

Bedrooms 8

Full Baths 5

Year Built 1956

Lot Size 6,244 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

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.

Location

State CA

County San Diego

Area Coastal South

Zoning RM-3

Interior

Heating Wall/Gravity

Fireplace No

Exterior

Fence Partial

Utilities Available Sewer Connected

View Y/N No

Roof Type Composition

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 416-553-07-00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/snd/260018256

MLS Router / San Diego MLS
Listed by Lenna C Doyle, DRE#01732169 Compass 

Schools and Properties Nearby

Amjad Alsayori

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+1(858) 285-9311

amjad.siouri@gmail.com

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2127-2131 1/2 Felspar