New Multifamily Compound Near North Park

4324 Felton St, San Diego, CA 92104

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For Sale

$2,395,000

Newly constructed four-unit multifamily property with premium finishes and outdoor space.

Type:Investment

Listing Contact

Joe Phair

Real Estate License ID: 01858062

HighLights

New Construction: Completed four‑unit multifamily property with modern amenities.
High Income Potential: Solid 5 CAP rate with shown market rents.
Owner‑Occupied Opportunity: Live in a brand new spacious 3‑bedroom unit while tenants contribute to the mortgage.
Premium Finishes & High‑Efficiency Systems: All units designed with quality materials and energy‑saving features.
Desirable Location: Positioned along the El Cajon Blvd corridor, east of North Park, in an area experiencing growth.
Ample Parking: Includes six parking spaces, a rare amenity for new construction in this area.

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For Sale

$2,395,000

Newly constructed four-unit multifamily property with premium finishes and outdoor space.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 49
Last Refresh:: Apr 24 at 3:47 pm

Property Features for 4324 Felton St

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 2026

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Listing Contact

Joe Phair

Listing agent Joe Phair License #01858062

Listing office Keller Williams San Diego Metro

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams San Diego Metro

HighLights

New Construction: Completed four‑unit multifamily property with modern amenities.
High Income Potential: Solid 5 CAP rate with shown market rents.
Owner‑Occupied Opportunity: Live in a brand new spacious 3‑bedroom unit while tenants contribute to the mortgage.
Premium Finishes & High‑Efficiency Systems: All units designed with quality materials and energy‑saving features.
Desirable Location: Positioned along the El Cajon Blvd corridor, east of North Park, in an area experiencing growth.
Ample Parking: Includes six parking spaces, a rare amenity for new construction in this area.

Overview

This newly completed four-unit multifamily compound is located just east of North Park, along the El Cajon Blvd corridor. The property features two new 3-bedroom homes and two fully remodeled 1-bedroom bungalows, all designed with high-efficiency systems, premium finishes, and private outdoor space. It is positioned in the path of North Park’s eastward growth with zero deferred maintenance and strong long-term fundamentals. Two of the four units are now rented. The property includes six parking spaces. The location has a bike score of 83, making it very bikeable, a walk score of 94, indicating it is a walker's paradise, and a transit score of 50, representing good transit options. It is suitable for an owner-occupied buyer looking to live in a spacious 3-bedroom unit while tenants contribute to the mortgage.

Location Intelligence

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Quadplexes

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Local Demand

City: San Diego
County: San Diego
State: California
Longitude: -117.1214151
Latitude: 32.755923

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For sale
Quadplexes
CA
San Diego
92104
4324 Felton St

What type of property is this?

Quadplex - Newly constructed four-unit multifamily property with premium finishes and outdoor space.

Where is this quadplex located?

The property is located at 4324 Felton St San Diego, CA.

What is the asking price?

The asking price for this property is $2,395,000.

What are key features of this property?

This property features: New Construction: Completed four‑unit multifamily property with modern amenities.; High Income Potential: Solid 5 CAP rate with shown market rents.; Owner‑Occupied Opportunity: Live in a brand new spacious 3‑bedroom unit while tenants contribute to the mortgage.