1505 Felspar St

Discover the endless possibilities surrounding this prime San Diego location. Situated in the vibrant 92109 zip code, the area is surrounded by a thriving business community and a host of amenities. Just moments away from beautiful beaches, popular eateries, and retail hubs, the location offers an unparalleled work-life balance for any prospective Office/Office Building investor. With easy access to major highways and public transportation, the property enjoys a strategically advantageous position within this coveted market. Embrace the dynamic energy of San Diego and capitalize on the potential for growth and success in this sought-after locale.Prime Pacific Beach 4-Unit Corner Lot Investment with 8 Garages – 1505 Felspar St, San Diego, CA 92109 A rare investment opportunity in a quieter part of Pacific Beach! Situated on a desirable corner lot, this 4-unit property includes a detached 2BR/1BA home and a triplex with a 2BR/1BA unit and two 1BR/1BA units. With eight garages that can be converted into ADUs, there is immense potential for additional rental income. The property is currently grossing $108,240 annually, with significant upside to $165,000—without the addition of ADUs. For investors seeking long-term value, approved plans are available for a 15-unit development, offering a fantastic opportunity for future expansion. Located in a quieter, more residential part of Pacific Beach, this property still provides easy access to top restaurants, shopping, and the stunning Pacific coastline while offering tenants a more peaceful neighborhood atmosphere. Whether you're looking to maximize rental income, develop, or create a multi-unit living space, this corner lot property is a rare and valuable find!