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3628 Felton St

San Diego, CA 92104
  • $1,398,000
  • STATUS: ACTIVE
  • ON SITE: 59 Days
  • ID#: 240021301
$1,398,000
  • 4
    BEDS
  • 0.1
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,800
    SQFT
  • $777
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

Description

Charming 2-in-1 Income Property in Desirable North Park Discover a prime investment opportunity in North Park with this dual-unit property, perfect for generating steady rental income in one of San Diego’s most sought-after neighborhoods. The front unit is a 2-bedroom, 1-bath haven that shines on platforms like Airbnb and VRBO, earning consistent 5-star reviews and bringing in an impressive $7,000 per month at 70% occupancy. Visitors are drawn to its fresh new flooring, modern kitchen cabinets, updated bathroom, and stylish doors. With its own washer/dryer and a charming front yard, this unit offers guests a warm and welcoming retreat. The rear unit, also a 2-bedroom, 1-bath, is leased at $2,900 per month on a flexible month-to-month basis. Like the front, it boasts tasteful upgrades, including refreshed flooring, an updated kitchen, and its own washer/dryer. The private backyard provides a peaceful outdoor space, adding to the unit’s appeal. Both units are independently metered for gas and electricity, while sharing a water meter for added efficiency. With excellent rental potential and flexible leasing options, this property is an ideal choice for investors looking to own a profitable piece of North Park.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.talechiaandassociates.com/homes/154867244
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3628 Felton St San Diego, CA 92104

  • Price: $1,398,000
  • Status: ACTIVE
  • On Site: 59 Days
  • ID#: 240021301
4
Beds
2
Baths
0
½ Baths
0.1
Acres
1,800
SQFT
$777
$/SQFT
1963
Built
Neighborhood:
North Park
County:
San Diego
Area:
North Park (92104)
Elementary School:
San Diego Unified School District
Middle School:
San Diego Unified School District
High School:
San Diego Unified School District
Property Description
Charming 2-in-1 Income Property in Desirable North Park Discover a prime investment opportunity in North Park with this dual-unit property, perfect for generating steady rental income in one of San Diego’s most sought-after neighborhoods. The front unit is a 2-bedroom, 1-bath haven that shines on platforms like Airbnb and VRBO, earning consistent 5-star reviews and bringing in an impressive $7,000 per month at 70% occupancy. Visitors are drawn to its fresh new flooring, modern kitchen cabinets, updated bathroom, and stylish doors. With its own washer/dryer and a charming front yard, this unit offers guests a warm and welcoming retreat. The rear unit, also a 2-bedroom, 1-bath, is leased at $2,900 per month on a flexible month-to-month basis. Like the front, it boasts tasteful upgrades, including refreshed flooring, an updated kitchen, and its own washer/dryer. The private backyard provides a peaceful outdoor space, adding to the unit’s appeal. Both units are independently metered for gas and electricity, while sharing a water meter for added efficiency. With excellent rental potential and flexible leasing options, this property is an ideal choice for investors looking to own a profitable piece of North Park.
Exterior Features

Exterior BrickMetal Fencing Full Irrigation Manual Parking Garage Spaces Unit1 1 Parking Garage Spaces Unit2 1 Roof Composition Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 2

Interior Features

Cooling Wall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Heat Equipment Wall/Gravity Heat Source Natural Gas Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Units With Cooling 2 Units With Dishwashers 2 Units With Dryers 2 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 2 Water Heater Type Gas

Property Features

Actual Cap Rate 0.0 Age Restrictions N/K Annual Expense Actual 20000 Association ID San Diego Association of REALTORS (SDAR) Buildings 1 Cfd Mello Roos Fee 0.0 Community NORTH PARK Complex Park None Cross Streets Dwight St. Gross Rent Multiplier Actual 0.0 Gross Scheduled Income Actual 120000 Mandatory Remarks None Known Market Area Metro Uptown Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Tenant Pays SewerTrashWaterElectricityGas/Propane Terms Cal VetCashConventionalExchangeFHAVA Unit Number For Unit1 3628 Unit Number For Unit2 3630 Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Rent Actual 7000.0 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Projected Rent 3400.0 Unit2 Rent Actual 2900.0 Vacation Rental By Owner Yes Water Meter on Property Water District CITY OF SAN DIEGO Zoning R-2:MINOR

San Diego MLS logo Listing provided courtesy of Vince Cavataio of Berkshire Hathaway HomeServices California Properties: 619-977-7544. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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