4727-29 Felton St

Top Gun CRE, Inc. is pleased to present 4727-29 Felton Street, a meticulously maintained 6-unit multifamily asset located just north of the iconic Normal Heights sign on Adams Avenue. The property comprises two 3-unit buildings with a unique and versatile unit mix: two 2BR/2BA units with inspected balconies, two townhome-style 2BR/1BA units both enjoy private fenced backyards, one 1BR/1BA unit, and one studio. Felton was recently upgraded with new exterior improvements. Brand new Owens Corning Cool Roof TruDefinition shingles with 50-year warranty on the front building. All new edge flashing, jacks, caps, vents, along with wood repair as needed. One unit is eligible for rent increase. All six units are currently 100% occupied, with tenants on month-to-month leases.

The front building, 4727, built in 1984, includes the one 1BR/1BA unit and two 2BR/2BA units. This building also offers three large tuck-under carports providing six total parking spaces, four storage closets, and individual electric and gas meters for each unit. Each unit has an outdoor space, either a balcony or small yard.

The rear building, 4729, built 1978, includes the two 2BR/1BA townhome-style units and one studio. It features a single-car garage, shared laundry room, two additional storage rooms, individual electric meters, a shared gas meter, and a separate electric meter servicing the water heater and laundry. Both 2BR townhome-style units enjoy private fenced backyards.

Unit interiors feature built-in microwaves, wall A/C units, ceiling fans, updated flooring, mirrored closet doors, skylights, paneled interior doors, and fireplaces in select units. Situated on a 6,744 SF lot zoned RM-1-1. Centrally located with close proximity to major freeways including I-805, I-15, I-8, SR-163, along with public transportation, offering tenants convenient travel access throughout San Diego.