Homes for sale - 4671-73 Terrace Dr, San Diego, CA 92116

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Jerrod Waller

San Diego Realty Company

jwaller@sdrealtyco.com +1(858) 822-8634

$2,099,999

Est. payment - /mo

6 Beds

4 Baths

1,400 SqFt

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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

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Listed by Eric M Meeler • Real Broker

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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