Properties

San Diego, CA 92109 1165 1171 Felspar St.

1165 1171 Felspar St. San Diego, CA - Image 11165 1171 Felspar St. San Diego, CA - Image 21165 1171 Felspar St. San Diego, CA - Image 3
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Presented By: Justin Hoech with Shore Management Inc;
  • MLS# 260004397SD
  • 02/02/2026
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  • Baths • 1

Home Details

PRIME REDEVELOPMENT OPPORTUNITY IN PACIFIC BEACH! Donโ€™t miss this rare opportunity to own two 4-unit residential complexes in the heart of Pacific Beach. Ideally located on the corner of Felspar & Everts St., this property sits in a highly desirable neighborhood with strong rental demand and abundant local amenities; making it an excellent redevelopment opportunity! Just one block from PBโ€™s vibrant main strip on Garnet Ave. and only a few short blocks from the beach. Prime location close to popular restaurants, shops, nightlife, and coastal attractions, including Crystal Pier, Sail Bay, Mission Beach, and Belmont Park. This location provides easy access to some of San Diegoโ€™s most desirable destinations. Property Details: *Two Parcels Sold Together* Total Lot Size Approx.: 6,696 sq. ft. Parcel 1 (1165-1171): Three 2-bedroom, 1-bathroom ground-floor units (~760 sq. ft. each) One upstairs 2-bedroom, 2-bathroom unit (~932 sq. ft.) Four garages and shared laundry room Parcel 2 (1173-1179): Three 2-bedroom, 1-bathroom ground-floor units (~760 sq. ft. each) One upstairs 3-bedroom, 2-bathroom unit (~932 sq. ft.) Four garages and shared laundry room
Presented By: Justin Hoech with Shore Management Inc;

Interior Features for 1165 1171 Felspar St.

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Heating Y/NYes
Total Stories2

General for 1165 1171 Felspar St.

AppliancesGas Water Heater
Cap Rate2.87
CitySan Diego
CoolingNone
CountySan Diego
DirectionsI-5 North - take Exit 23A to Grand Ave./Garnet Ave. I-5 South - take Exit 23 to Balboa Ave./Garnet. Take a right on Everts St. CrossStreet: Everts St.
HOA Fee$
HeatingNatural Gas
LevelsTwo
Listing TermsCash, Conventional
MLS Area92109 - Pacific Beach
Net Operating Income90295
Number Of Units Total4
Pool FeaturesNone
PostalCitySAN DIEGO
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
Spa FeaturesNone
Standard StatusActive
StatusActive
Stories Count2
Subdivision NamePacific Beach
Tenant PaysElectricity, Gas, Trash Collection
Year Built1953

Exterior for 1165 1171 Felspar St.

Lot Size SourcePublic Records
Number of Buildings1
Park NameN/A
Private PoolNo
SpaYes
Total Parking0

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $3,150,000
MLS#260004397SD
List Date 02/02/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
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