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    930 Felspar St San Diego, CA 92109-2700
    Property profile & analytics

    930 Felspar St San Diego, CA 92109-2700


    • Apartment buildings
    • 12,254 SF
    • 0.32 lot acres
    Off-Market
    Last Sale Dec 22, 2021
    $9,000,000
    Property ID
    US09-7305976
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $8,275,000
    Show details
    Cap Rate Potential
    2.6%
    Apartment buildings
    Location Intelligence

    Current Use by Public Records

    • The Grand Apartments Pacific Beach / Apartment Rental Agency / Apartment Building

    Property Details for 930 Felspar St

    Year built
    1960
    Lot size
    0.32 lot acres
    Property size
    12,254 SF
    Zone code
    R-3:RESTRICTED MULTIPLE
    Property type
    Apartment buildings
    APN
    415-602-10-00
    APU
    4156021000

    Description

    This exceptional 24-unit apartment building, located at 930 Felspar St, San Diego, CA 92109, presents a rare turnkey investment opportunity in the highly desirable Pacific Beach neighborhood. The property boasts a total of 12,000 square feet of net rentable space, with a desirable mix of eight studio and sixteen one-bedroom/one-bathroom units. Recently remodeled inside and out, each unit features luxury finishes including new cabinets, quartz countertops, vinyl plank flooring, stainless steel appliances, and updated lighting. Exterior improvements include upgraded landscaping and windows. The property sits on a 14,077 square foot lot and offers abundant off-street parking for residents. Community amenities include on-site laundry facilities and a swimming pool. With a walk score of 93, residents enjoy easy access to the Pacific Ocean, Garnet Avenue, Grand Avenue, and a wealth of shops and restaurants. The property's location provides convenient access to major employment centers via Interstates 5 and 8, and the San Diego Trolley. This is a significant asset in a prime location, offering a secure investment with strong potential for long-term appreciation. The asking price is $13,000,000, representing $541,667 per unit and $1,083.33 per square foot. The APN is 4156021000. This is an ideal opportunity for a long-term investor seeking a high-demand multifamily property in a premier San Diego location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $7,805,000
      ML approach
      $7,750,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $7,805,000
      Market price range: $3.16M - $7.81M
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $5,960,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $12,520,000
      Change: +110% Conversion: Difficult
      RESTAURANT
      $10,845,000
      Change: +82% Conversion: Difficult
      RETAIL STORES
      $8,950,000
      Change: +50% Conversion: Difficult
      MEDICAL BUILDING
      $7,135,000
      Change: +20% Conversion: Moderate
      OFFICE BUILDING
      $5,170,000
      Change: -13% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.253
    Latitude
    32.7983
    CBSA code
    41740
    CBSA name
    SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $115,104
    $6,762,600
    $2,601,000
    $9,363,600
    -
    $0.00
    $0.00
    $0.00
    More about this property
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