4671-73 Terrace Dr, San Diego, CA 92116

$1,949,999 Approx. USD 6 beds, 4 baths

Save My Notes

MORE INFO

Brochure

Photo of Valerie Tuck

Marketed By Valerie Tuck REALTOR® - Sales Associate 858-353-3377 m
858-353-3377 o
Lic#: 01947055
NRDS ID: 196559249
valerietuckhomes@gmail.com La Jolla Prospect Office
1299 Prospect St, Ste. 100-101, 200-203 & 301-302
La Jolla, CA 92037
Phone: 858-459-0501
Fax: 858-459-3275

Mortgage Calculator

GET PRE-APPROVED

Interested in This Property? Request Virtual Showing Your message will be sent to Valerie.
By submitting your information, you consent to be contacted by email, SMS message, and/or phone call. You may opt out at any time per our Privacy Policy.

Agent Remarks

Prime Kensington San Diego investment property generating $8,800+ per month with all three units fully occupied by reliable, on-time tenants. This turnkey multi-unit income property in 92116 features a beautifully renovated 4 bedroom, 2 bathroom single-family home in front and a 1 bedroom, 1 bathroom (each) duplex at the rear that all cash flow - ideal for investors seeking strong cash flow or buyers looking to live in one unit and offset the mortgage with rental income. Achieve an estimated 5.5% cap rate with individually metered units, tenants paying utilities, and exceptionally low owner expenses. The property offers rare off-street parking for 8+ vehicles plus a 2-car garage, private patios for each unit. Located in the heart of Kensington, one of San Diego’s most desirable neighborhoods, just steps from Adams Avenue, residents enjoy walkable access to Kensington Cafe, Bleu Bohème, Clem’s Bottle House, boutiques, wine bars, and the historic Ken Cinema. Known for its Spanish Revival architecture, tree-lined streets, and strong rental demand, Kensington properties rarely hit the market. This is a rare opportunity to own a cash-flowing triplex in Kensington San Diego with value-add potential, strong in-place income, and prime location appeal.

Listing Details

Property type: Res Income 2-4 Units (Multi-Family)

Status: ACTIVE

MLS# 260003809

Price: $1,949,999

Beds: 6

Baths: 4 (4 full)

Built in 1950

0.14 acres

Subdivision: KENSINGTON

County: San Diego

Zoning: R-3:RESTRI