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
AGENT: Justin Hoech LISTING BROKERAGE: Shore Management Inc
Courtesy of Shore Management Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1179 Felspar St.
San Diego, CA
Property Details
Price:
$2,750,000
MLS #:
260004398SD
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
Pacific Beach
Neighborhood:
92109pacificbeach
Listed Date:
Feb 25, 2026
Year Built:
1953
92109 – Pacific Beach92109pacificbeachPacific Beach
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Schools
Interior
Appliances
GWH
Cooling
NO
Heating
GAS
Levels
U
Exterior
Roof
CMP
Spa Features
NO
Financial
Net Operating Income
$84,878
Map
Community
- Address1179 Felspar St. San Diego CA
- SubdivisionPacific Beach
- CitySan Diego
- CountySan Diego
- Zip Code92109
