59-2057 Felspar, San Diego, California 92109, San Diego, 92109 - 2 bed, 2 bath
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San Diego, California 92109
Analysis of 59-2057 Felspar, San Diego, California 92109 is currently available with a list price of $1,650,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
The property underwent a complete ground-up renovation only two years ago, placing it well within the <5-year renovation window for an Excellent rating. Key updates include a newer roof, tankless water heaters, modern kitchens with custom cabinetry and stainless steel appliances, and fully updated bathrooms. The interior features contemporary wood-style tile flooring and recessed lighting, presenting in mint, move-in-ready condition.
Elementary School: Bird Rock Elementary School (10/10).
Both units were completely remodeled from the ground up two years ago, featuring modern upgrades like tankless water heaters, custom cabinetry, and wood-style tile flooring, ensuring immediate rental readiness without deferred maintenance.
The property is uniquely pre-plumbed for an additional ADU in the back, providing a significant value-add opportunity for investors to increase density and maximize the property's income potential.
At a list price of $1,799,000 for 1,026 total square feet, the property commands a very high price-to-space ratio which may challenge appraisal values and initial cap rate expectations.
The total square footage is divided between two units, resulting in relatively compact living quarters that may limit the tenant pool to individuals or small households rather than larger families.
Beach life style in Pacific Beach! Now available, Both units been remodeled two years ago from ground up. Front unit offers 1 BR /1 BA with front yard fully fenced, full kitchen full bath w/ inside laundry & it's furnished. Back unit offers 2 bedroom 1 bath, Walk-in closets, full kitchen w/custom cabinetry & inside laundry. Both are single level, no one above you or below you, no stairs, newer roof, tankless water heater for each home, ceiling fans, wood style in tile flooring, the property was pre-plumbed for another ADU in the back. Units offers off street parking in the back. Beach life style in Pacific Beach! Now available, Both units been remodeled two years ago from ground up. Front unit offers 1 BR /1 BA with front yard fully fenced, full kitchen full bath w/ inside laundry & it's furnished. Back unit offers 2 bedroom 1 bath, Walk-in closets, full kitchen w/custom cabinetry & inside laundry. Both are single level, no one above you or below you, no stairs, newer roof, tankless water heater for each home, ceiling fans, wood style in tile flooring, the property was pre-plumbed for another ADU in the back. Units offers off street parking in the back.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,026 | 1,962 |
| Lot Size | - | 7,200.5 |
| Price | $1.65M | $984.4K |
| Price per sq ft | $1.6K | $614 |
| Built year | 1952 | 1979 |
| HOA | $0 | $374 |
| Days on market | 43 | 43 |
Jun 29, 2026
$1,650,000
$1,799,000
-8% Price Drop
Initial Listing
Jun 9, 2026
$1,799,000
Initial Listing
Jan 19, 2021
$815,000
Public Record