Home | San Diego County | San Diego | 92116 | 4585 Felton St
MLS: SD260001642 | Status: | Price: $2,375,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | – | – |
Palm Villas features a rare, high-demand unit mix consisting of (5) 2BR/2BA units and (2) 1BR/1BA units. This 71% ratio of two-bedroom floor plans provides significant rent upside and attracts stable, long-term tenants who prioritize the flexibility of a second bedroom for home offices or roommates. Boasting a Walk Score of 93, the property is perfectly positioned in Normal Heights, just steps from the vibrant dining and nightlife of Adams Avenue, North Park, and Kensington. This turn-key asset includes (8) dedicated parking spaces and on-site laundry, essential amenities that drive high tenant retention. Thoughtfully maintained and upgraded to command top-tier rents without further capital expenditure, the property offers an immediate, reliable income stream. With current rents sitting just below market comps, investors can realize clear organic growth through annual allowable increases. This is a durable, premium acquisition designed for long-term portfolio growth in one of San Diego’s most resilient submarkets.
| Field | Value |
|---|---|
| MLS # | SD260001642 |
| MLS Source | San Diego MLS |
| Days on Site | 71 |
| Feature | Details |
|---|---|
| Flooring | Concrete, Vinyl |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Garage/Parking | Carport, Other, Garage: Car(s) |
Christina Labowicz
ACI Apartments
License #: 02055851
Phone: (858) 876-5701
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 7 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | – | 0/0 | – | $2,395 | – |
| 2 | – | – | 0/0 | – | $2,295 | – |
| 3 | – | – | 0/0 | – | $2,295 | – |
| 4 | – | – | 0/0 | – | $2,295 | – |
| 5 | – | – | 0/0 | – | $2,395 | – |
| 6 | – | – | 0/0 | $1,915 | $1,915 | – |
| 7 | – | – | 0/0 | $2,165 | $2,165 | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Adams Elementary School | public | K-5 | 0.18 mi | 7 |
| Normal Heights Elementary School | public | K-5 | 0.50 mi | 4 |
| Edison Elementary School | public | K-5 | 0.71 mi | 6 |
| Wilson Middle School | public | 6-8 | 0.77 mi | 2 |
| Garfield Elementary School | public | K-5 | 0.79 mi | 6 |
| Alba School | public | 1,2,3,4,5,6,7,8,9,10,11,12 | 1.03 mi | 1 |
| Central Elementary School | public | K-5 | 1.06 mi | 4 |
| San Diego Adult | public | UG | 1.06 mi | N/A |
| Franklin Elementary School | public | K-5 | 1.07 mi | 4 |
| Cherokee Point Elementary School | public | K-5 | 1.10 mi | 2 |
| Jefferson Elementary School | public | K-5 | 1.12 mi | 7 |
| Hoover High School | public | 9-12 | 1.39 mi | 4 |
| Birney Elementary School | public | K-5 | 1.60 mi | 10 |
| Home & Hosp/Transition Support | public | K-12 | 1.62 mi | N/A |
| McKinley Elementary School | public | K-5 | 1.65 mi | 9 |
| Joyner Elementary School | public | K-5 | 1.69 mi | 4 |
| Rosa Parks Elementary School | public | K-5 | 1.71 mi | 4 |
| Euclid Elementary School | public | K-5 | 1.77 mi | 8 |
| Clark Middle School | public | 6-8 | 1.88 mi | 2 |
| Ibarra Elementary School | public | K-5 | 1.96 mi | 7 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 4062 49th Street | $2,290,000 | – | – | – | |
| 2911-15 Kalmia St | $2,399,000 | – | – | – | Active |
| 3736 3738 Louisiana St St | $2,150,000 | – | – | – | PendingDoNotShow |
| 4847-53 Mansfield Street | $1,995,000 | – | – | – | Active |
| 2306 Modesto St | $1,900,000 | – | – | – | Active |
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This listing information is up-to-date as of March 30, 2026. For the most current information, please contact Christina Labowicz, (858) 876-5701.