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!
- Heating System:
- Forced Air Unit
- Cooling System:
- Central Forced Air
- Fence:
- Full
- Country:
- US
- State:
- CA
- County:
- SD
- City:
- San Diego
- Community:
- KENSINGTON
- Zipcode:
- 92116
- Street:
- Terrace Dr
- Street Number:
- 4671-73
- Longitude:
- W118° 53' 30.8''
- Latitude:
- N32° 45' 45.8''
- Mls Area Major:
- Metro Uptown
- Zoning:
- R-3:RESTRI
- Office Name:
- Real Broker
- Agent Name:
- Eric M Meeler
- Building Size:
- 2530
- Construction Materials:
- Stucco
- Levels:
- 2 Story
- Number Of Units Total:
- 3
- Stories Total:
- 2
- Virtual Tour:
- https://www.propertypanorama.com/instaview/snd/250018206
- List Agent Mls Id:
- 685544
- List Office Mls Id:
- 7899
- Listing Term:
- Cash,Conventional,FHA,VA
- Mls Status:
- ACTIVE
- Modification Timestamp:
- 2025-02-16T18:52:53Z
- Originating System Name:
- SDMLS
- Special Listing Conditions:
- N/K
Residential Income
4671-63 Terrace Dr, San Diego, Ca 92116
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- 250018206
- Price :
- $2,099,999
- Bedrooms :
- 6
- Bathrooms :
- 4
- Year Built :
- 1950
- Status :
- Active
- Full Bathrooms :
- 4
- Property Sub Type :
- Res Income 2-4 Units
- Roof:
- Tile/Clay
