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    20-Unit Apartment Development Project Title is generated by Realmo AI

    4721 Felton St, San Diego, CA 92116

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    For Sale
    $1,595,000

    Permit-ready ground-up 20-unit build planned with an existing income-producing duplex on-site.

    Type:Investment
    Added:
    Jun 15, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 16 at 4:26 am

    Property Features for 4721 Felton St

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    2003

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    Listing Contact
    Florian Sighe

    Listing agent Florian Sighe License #02072593

    Listing office

    Listing date Jun 15, 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 Florian Sighe

    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
    • Project is designed as mostly wood frame to help avoid costly elevator/podium/steel construction elements
    • BikeScore 83 (very bikeable), WalkScore 94 (walker's paradise), transitScore 50 (good transit)

    Overview

    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.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.1215771
    Latitude
    32.7639127

    FAQs

    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
    More about this property
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