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Residential Income for sale : 6 bedrooms : 4671-73 Terrace Dr in San Diego

4671-73 Terrace Dr San Diego

Main Photo: Residential Income for sale : 6 bedrooms : 4671-73 Terrace Dr in San Diegobanner
$1,949,999
Prop. Type:
Residential Income
MLS® Num:
260003809
Status:
Active
Bedrooms:
6
Bathrooms:
4
Year Built:
1950
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.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
1
County Or Parish:
San Diego
Market Area:
Metro Uptown
Neighborhood Code:
Kensignton
Name of Complex/Subdivision:
KENSINGTON
Building Name:
N/K
Total Building Area:
Switch units of measure2,750 sq. ft.
Total Floor Area:
Switch units of measure0 sq. ft.
Total Bedrooms:
6
Bathrooms:
4
Full Bathrooms:
4
Half Bathrooms:
0
Stories:
Other/Remarks
Year Built:
1950
Age (in years):
Switch units of measure76 year(s)
Short Sale:
false
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Cash, Conventional, VA
Cap Rate.:
5.5
Gross scheduled income:
106200.0
Other income actual:
0
Operating expense:
28000.0
Number of Units:
3
Number of Units with Cooling:
2
Tenant pays:
Electricity, Gas/Propane, Sewer, Trash, Water
Unit Number for Unit 1:
4671
Unit Number for Unit 2:
4673 A
Unit Number for Unit 3:
4673 B
Projected Rent for Unit 1:
$4,600
Special Listing Conditions:
N/K
Age Restrictions:
N/K
Construction Material:
Stucco
Lot Size:
Switch units of measure6,098 sq. ft.
Parcel Number:
440-653-31-00
Cooling:
Central Forced Air, Wall/Window
Roof:
Other/Remarks
Security:
N/K
Zoning:
R-3:RESTRI
Fencing:
Full
Listed by Key Realty Group Inc.
Data was last updated February 27, 2026 at 07:10 PM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty

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