1173 1179 Felspar St.San Diego, CA 92109

Multi-Family
$2,750,000 Active

1173 1179 Felspar St. Overview

Time on Site:
124 days
Visits:
0

PRIME REDEVELOPMENT OPPORTUNITY IN PACIFIC BEACH! Don’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 PB’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 Diego’s most desirable destinations. Property Details: *Two Parcels Sold Together* Total Lot Size Approx.: 6,696 sq. ft. Total Lot size Both Parcels Approx. 12,500 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

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1173 1179 Felspar St. Facts & Features

  • Type Multi-Family

Details

General

Income/Expenses

  • Gross Scheduled Income: 142801.0
  • Net Operating Income: 84878.0

Building Information

  • Year Built: 1953

Location/Region

  • Country: US
  • County Or Parish: San Diego
  • MLS Area Major: 92109 - Pacific Beach
  • Postal City: SAN DIEGO
  • Subdivision Name: Pacific Beach

Rent/Lease Information

  • Tenant Pays: Electricity,Gas,Trash Collection

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 4156230100
  • Park Name: N/A
  • Property Type: Residential Income
  • Senior Community: No

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Appliances: Gas Water Heater
  • Levels: Two
  • Spa Features: None
  • Spa: Yes
  • Stories: 2
  • Stories Total: 2

Exterior

Lot Information

  • Lot Size Source: Public Records
  • Number Of Buildings: 1

Waterfront/View

  • View: No

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 4
  • Pool Features: None
  • Pool Private: No

1173 1179 Felspar St. Neighborhood

Community

92109 (SAN DIEGO) Demographics

32
Median Age
3,935
Population Density (per sq. mile)
75%
College Educated
$92,379
Estimated Median Income
6,822
Estimated Total Home Owners
15,071
Estimated Total Renters
31% / 69%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1173 1179 Felspar St. Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1173 1179 Felspar St. Market Data

Based on the last 30 days in this zip code

$1,939,024
Average List Price
$1,244
Average Price per Square Foot
35
Properties Sold
83
Average Days on Market
146
Properties for Sale
Calculations provided by Reliance Network

1173 1179 Felspar St. History

Date Event Value Agent
5/29/2026Source: CRMLS Price Reduction
$2,750,000 -17.9%
2/25/2026Source: CRMLS Added to Database
February 25, 2026
Listing provided courtesy of Shore Management IncJustin Hoech- MLS# 260004398SDMLS ProviderContact Information: [email protected] - 858-274-3500
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