Prime Pacific Beach SFR + triplex, Corner Lot Investment with 8 Garages – 1505 Felspar St, San Diego, CA 92109 A rare investment opportunity in a quiet 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. 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!
Sold for $2,585,000
$2,585,000
1505 Felspar St, San Diego, CA 92109
6beds
--sqft
Multi Family
Built in 1976
-- sqft lot
$2,592,000 Zestimate®
$--/sqft
$6,616 Estimated rent
Home value
$2,592,000
$2.38M - $2.83M
$6,616/mo
Zestimate® history
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$6,616/mo
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$6,616/mo
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$16,581/mo
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Corner lot
Zillow last checked:
Listing updated:
Listed by:
Colin C Darville DRE #02108003 805-705-6618,
South Coast Commercial, Inc.
Bought with:
Alexio Barbara, DRE #01992393
South Coast Commercial, Inc.
Source: SDMLS,MLS#: 250020388
Originating MLS: SDMLS
Originating MLS: SDMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Cooling
- Other/Remarks
Interior area
- Total structure area: 0
Property
Features
- Levels: 2 Story
- Fencing: Partial
Details
- Parcel number: 4230940100
- Special conditions: Other/Remarks
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco, Wood/Stucco
- Roof: Composition,Other/Remarks
Condition
- Year built: 1976
Community & HOA
Community
- Security: Other/Remarks
- Subdivision: PACIFIC BEACH
Location
- Region: San Diego
Financial & listing details
- Tax assessed value: $1,840,132
- Annual tax amount: $23,597
- Date on market: 3/3/2025
- Listing terms: Other/Remarks
- Tenant pays: Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 4/23/2025 | Sold | $2,585,000-4.3% |
Source:  SDMLS #250020388 Report a problem | ||
| 3/3/2025 | Listed for sale | $2,700,000+64.6% |
Source: SDMLS #250020388 Report a problem | ||
| 11/1/2019 | Sold | $1,640,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $23,597 +6.3% | $1,840,132 +2% |
| 2024 | $22,202 +2.3% | $1,804,052 +2% |
| 2023 | $21,712 +2.7% | $1,768,680 +2% |
| 2022 | $21,134 +0.7% | $1,734,000 +2% |
| 2021 | $20,989 +3.9% | $1,700,000 +3.7% |
| 2020 | $20,211 +699.5% | $1,640,000 +699.2% |
| 2019 | $2,528 +5.1% | $205,199 +2% |
| 2018 | $2,404 +2.5% | $201,176 +2% |
| 2017 | $2,346 +1.8% | $197,232 +2% |
| 2016 | $2,306 +1.5% | $193,366 +1.5% |
| 2015 | $2,272 +1.5% | $190,463 +2% |
| 2014 | $2,239 | $186,733 +0.5% |
| 2013 | -- | $185,890 +2% |
| 2012 | -- | $182,246 +2% |
| 2011 | -- | $178,673 +0.8% |
| 2010 | -- | $177,339 -0.2% |
| 2009 | -- | $177,761 +2% |
| 2008 | -- | $174,277 |
Find assessor info on the county website
Neighborhood: Pacific Beach
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Nearby schools
GreatSchools rating
- 6/10Pacific Beach Elementary SchoolGrades: K-5Distance: 0.8 mi
- 10/10Pacific Beach Middle SchoolGrades: 6-8Distance: 0.1 mi
- 9/10Mission Bay High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$2,592,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,592,000
- California
- San Diego County
- San Diego
- 92109
- Pacific Beach
- 1505 Felspar St
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