20-Unit Apartment Development
For Sale
$1,595,000
4721 Felton St, San Diego, CA 92116
Permit-ready ground-up 20-unit build planned with an existing income-producing duplex on-site.
Days on Market49
Property Features for 4721 Felton St
General Information
Standard status
Active
Property subtype
Investment
Additional Details
Multifamily Units
20
Building Details
Year Built
2003
Stories
4
Listing Agency:
(619) 894-3030
Listed By:
Florian Sighe · License #02072593
(619) 894-3030
Source:
Elliman
Added: Jun 15
Changed: Jul 10
Last Checked: Aug 1 at 7:45AM
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 Florian Sighe
Investment Insights
Based on property information with market context.
This permit-ready project is designed as a 20-unit, four-story apartment building. The plan calls for a mostly wood-frame construction approach, intended to avoid higher-cost elements such as elevators, podium construction, and excessive steel. The development is described as having modern, efficient floor plans with a unit mix tailored to the area.
The property is located at 4721 Felton St in San Diego, in the “north of Adams” pocket of Normal Heights. Public remarks note strong walk and bike accessibility, with scores of 94 for WalkScore and 83 for BikeScore, and a transit score of 50.
An existing duplex on-site is described as generating income, with 2BR/2BA units currently in place. For developers, GC teams, and investor-buyers seeking a ground-up apartment opportunity, the project materials reference availability of a third-party construction bid and additional information such as property management operating details and a pro forma. Interested parties should contact the listing agent for the specifics supporting the development plan and current configuration.
The property is located at 4721 Felton St in San Diego, in the “north of Adams” pocket of Normal Heights. Public remarks note strong walk and bike accessibility, with scores of 94 for WalkScore and 83 for BikeScore, and a transit score of 50.
An existing duplex on-site is described as generating income, with 2BR/2BA units currently in place. For developers, GC teams, and investor-buyers seeking a ground-up apartment opportunity, the project materials reference availability of a third-party construction bid and additional information such as property management operating details and a pro forma. Interested parties should contact the listing agent for the specifics supporting the development plan and current configuration.
Key Highlights
- Permit‑ready ground‑up plan for a 20‑unit, 4‑story build
- Existing income‑producing duplex on‑site (2BR/2BA)
- Year built noted as 2003 for the property
Property Analytics
Property Profile
Current Use
Lease Details
20
Residential units
Location Intelligence
Trade Area within ½ mile
1,492
Businesses Nearby
Explore this area
Business Placement
Demographics for 92116, CA
31,523
Population
17,827
Households
1.8
Avg Household Size
37
Median Age
58%
College-Educated
96%
High-School Grad
3.4 sq mi
ZIP Area
9,271
Density / Sq Mi
$95,775
Median Household Income
$63,420
Median Earnings
$1,903
Median Rent
$898,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Permit-ready ground-up 20-unit build planned with an existing income-producing duplex on-site.
Where is this apartment building located?
The property is located at 4721 Felton St San Diego, CA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Permit‑ready ground‑up plan for a 20‑unit, 4‑story build; Existing income‑producing duplex on‑site (2BR/2BA); Year built noted as 2003 for the property
