930 Felspar StSan Diego, CA 92109

This exceptional 24-unit apartment building, located at 930 Felspar St, San Diego, CA 92109, presents a rare turnkey investment opportunity in the highly desirable Pacific Beach neighborhood. The property boasts a total of 12,000 square feet of net rentable space, with a desirable mix of eight studio and sixteen one-bedroom/one-bathroom units. Recently remodeled inside and out, each unit features luxury finishes including new cabinets, quartz countertops, vinyl plank flooring, stainless steel appliances, and updated lighting. Exterior improvements include upgraded landscaping and windows. The property sits on a 14,077 square foot lot and offers abundant off-street parking for residents. Community amenities include on-site laundry facilities and a swimming pool. With a walk score of 93, residents enjoy easy access to the Pacific Ocean, Garnet Avenue, Grand Avenue, and a wealth of shops and restaurants. The property's location provides convenient access to major employment centers via Interstates 5 and 8, and the San Diego Trolley. This is a significant asset in a prime location, offering a secure investment with strong potential for long-term appreciation. The asking price is $13,000,000, representing $541,667 per unit and $1,083.33 per square foot. The APN is 4156021000. This is an ideal opportunity for a long-term investor seeking a high-demand multifamily property in a premier San Diego location.