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Additional details

David Hussain

david@listedbydavid.com +1(858) 215-3512

$ 2,099,999

Est. payment -/mo

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Active

4671-73 Terrace Dr San Diego, CA 92116

6 Beds

4 Baths

1,400 SqFt

UPDATED:

02/20/2025 07:01 PM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 1,400 sqft

Price per Sqft $1,499

Subdivision Kensington

MLS Listing ID 250018206

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1950

Lot Size 6,210 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Renovated 3-Unit Property in Prime Kensington Location! Incredible investment opportunity in the highly sought-after Kensington neighborhood of San Diego! This renovated 3-unit property sits just off Adams Avenue, offering unparalleled walkability to top-rated restaurants, boutique shopping, and scenic parks. The front home is a spacious 4-bed, 2-bath single-family residence, move-in ready. Featuring high-end finishes such as turpentine stone, luxury vinyl flooring, and custom soft-close cabinetry, this home blends modern design with timeless charm. The back duplex consists of two 1-bed, 1-bath units, currently rented at $2,600 and $2,200 per month on month-to-month leases—perfect for immediate rental income or future value-add potential. The property is zoned R3, offering the ability to convert the garage into an ADU for additional rental income. Recent upgrades include a brand-new $16,000 AC system and a $26,615.71 sewer pump replacement, ensuring peace of mind for the next owner. Don't miss out on this rare Kensington gem—whether you're an investor looking for strong rental income or a homeowner seeking an income-producing property, this one checks all the boxes!

Location

State CA

County San Diego

Community Kensington

Area Normal Heights (92116)

Building/Complex Name 3 Units

Zoning R-3:RESTRI

Interior

Heating Natural Gas

Cooling Central Forced Air

Fireplaces Number 1

Appliance Forced Air Unit

Exterior

Exterior Feature Stucco

Fence Full

Roof Type Tile/Clay

Building

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional, FHA, VA

Space Rent $4,250

Listing Terms Cash, Conventional, FHA, VA

Virtual Tour https://www.propertypanorama.com/instaview/snd/250018206

Listed by Eric M Meeler • Real Broker

+1(858) 215-3512

david@listedbydavid.com

2535 Camino Del Rio S #240, San Diego, CA, 92108, USA

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