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2109-11 Felspar Street
Coastal South San Diego 92109

$1,995,000
Residential Income beds: 5 baths: 2.0 0 sq. ft. built: 1955

Main Photo: Residential Income for sale : 5 bedrooms : 2109-11 Felspar Street in San Diego
Photo 1: Residential Income for sale : 5 bedrooms : 2109-11 Felspar Street in San Diego
Photo 2: Residential Income for sale : 5 bedrooms : 2109-11 Felspar Street in San Diego
Photo 3: Residential Income for sale : 5 bedrooms : 2109-11 Felspar Street in San Diego
Photo 4: Residential Income for sale : 5 bedrooms : 2109-11 Felspar Street in San Diego
Photo 5: Residential Income for sale : 5 bedrooms : 2109-11 Felspar Street in San Diego
Photo 6: Residential Income for sale : 5 bedrooms : 2109-11 Felspar Street in San Diego
Photo 7: Residential Income for sale : 5 bedrooms : 2109-11 Felspar Street in San Diego
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Photo 11: Residential Income for sale : 5 bedrooms : 2109-11 Felspar Street in San Diego
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
260015620
Bedrooms:
5
Bathrooms:
2
Year Built:
1955
**Existing Two detached houses in Prime Pacific Beach** Plans in place for construction of a new 11-Unit development • Located just blocks from Mission Bay and all that Pacific Beach has to offer • Existing unit mix consists of one detached (1) 3-bedroom/1-bath house, and one detached (1) 2-bedroom/1-bath house • Current improvements provide in-place rental income while pursuing development • Opportunity to significantly increase density in a high-demand coastal submarket • Located in one of San Diego's most supply-constrained rental markets
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
2
County Or Parish:
San Diego
Market Area:
Coastal South
Neighborhood Code:
Pacific Beach
Name of Complex/Subdivision:
PACIFIC BEACH
Building Name:
Pacific Beach
Total Building Area:
1,700 sq. ft.
Total Floor Area:
0 sq. ft.
Total Bedrooms:
5
Bathrooms:
2
Full Bathrooms:
2
Half Bathrooms:
0
Stories:
1 Story
Total Stories:
1
Year Built:
1955
Age (in years):
71 year(s)
Short Sale:
false
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Conventional
Cap Rate.:
2.77
Gross scheduled income:
91800.0
Other income actual:
0
Operating expense:
36389.0
Number of Units:
2
Number of Units with Cooling:
0
Tenant pays:
Other/Remarks
Projected Rent for Unit 1:
$4,500
Projected Rent for Unit 2:
$3,750
Just North of Garnet Ave between Olney St and Noyes St.
Special Listing Conditions:
N/K
Age Restrictions:
N/K
Construction Material:
Stucco
Lot Size:
0 sq. ft.
Parcel Number:
416-553-09-00
Cooling:
N/K
Roof:
Composition
Security:
N/K
Zoning:
RM-2-5
Fencing:
N/K
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Listed by Apartment Realty Group (ARG)
Data was last updated August 25, 2026 at 01:10 AM (UTC)
Area Statistics
Listings on market:
86
Avg list price:
$2,824,500
Min list price:
$1,075,000
Max list price:
$11,995,000
Avg days on market:
86
Min days on market:
2
Max days on market:
431
These statistics are generated based on the current listing's property type and located in Coastal South. Average values are derived using median calculations. This data is not produced by the MLS® system.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego Multiple Listing Service, Inc.