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Brian Aarestad, Sales Associate
SOLD
$4,185,000
Date 07/10/2023

1320 Felspar St
San Diego, CA 92109

Mixed Use
Residence
Listing Agent: Carson Trujillo CalDRE: 01974818 - Marcus & Millichap
Pleased to present for sale a 7 unit partially renovated apartment complex in the Pacific Beach neighborhood of San Diego. Constructed in 1968 with recent upgrades, this property rests on a 6,335 SF lot and offers 5,028 of rentable SF. 1320 Felspar St is comprised of (one) three-bedroom/two-bathroom unit, (2) two-bedroom/1-bathroom units, and (4) one-bedroom/one-bathroom units. In 2022, the units were turned over with various updates to the interiors. With architectural plans already submitted to the city, investors could convert the garages adding an additional (2) large one-bedroom/one-bathroom units making this property 9-units total. ADU units 563 and 601 SF. Pacific Beach is one of San Diegos most profitable rental markets that continues to attract high quality and reliable tenants. 1320 Felspar St has a walk score of 93 and is just steps away from over 50 restaurants, bars, shops, and attractions located along Garnet Ave. Located just 6 blocks from the beach, this property is a rare opportunity to acquire a high performing asset with upside in one of Southern Californias most desirable coastal markets.
230008044SD
Mixed Use, Other
San Diego
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Data Provided by Onboard
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

Transit Score

Listing Agent: Carson Trujillo CalDRE: 01974818 - Marcus & Millichap
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