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Residential Income for sale : 3 bedrooms : 4755-57 Terrace Drive in San Diego

4755-57 Terrace Drive San Diego

Main Photo: Residential Income for sale : 3 bedrooms : 4755-57 Terrace Drive in San Diegobanner
$1,569,000
Prop. Type:
Residential Income
MLS® Num:
2600693
Status:
Active
Bedrooms:
3
Bathrooms:
3
Year Built:
1948
Kensington! The Cottages! Three bread and butter units in three separate buildings. Close to the Kensington Village. Front house is a 2br 1 ba in original condition and well kept. In unit laundry, new heat pump for heat and A/C being installed and comes with a one car garage. Middle building a fully remodeled studio with a new kitchen and bath, mini split for heat and A/C and in unit laundry. Third building is a one bedroom one bath with a new kitchen, new flooring, full sized washer and dryer and a one car garage below. Heat pump in attic for heat and A/C. Alley access to the garages. Mid century structures in great condition!
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
3
County Or Parish:
San Diego
Market Area:
Metro Uptown
Neighborhood Code:
Kensington
Name of Complex/Subdivision:
KENSINGTON
Building Name:
The Cottages
Total Building Area:
Switch units of measure1,632 sq. ft.
Total Floor Area:
Switch units of measure0 sq. ft.
Total Bedrooms:
3
Bathrooms:
3
Full Bathrooms:
3
Half Bathrooms:
0
Stories:
Other/Remarks
Year Built:
1948
Age (in years):
Switch units of measure78 year(s)
Short Sale:
false
Home Owner Fees:
$0
Home Owner Fees Include:
N/K
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Cash, Conventional
Cap Rate.:
0.04
Gross scheduled income:
71580.0
Other income actual:
0
Operating expense:
21000.0
Gross Rent Multiplier:
22.0
Number of Units:
3
Number of Units with Cooling:
3
Tenant pays:
Cable TV, Electricity, Gas/Propane
Unit Number for Unit 1:
4755
Unit Number for Unit 2:
4755.5
Unit Number for Unit 3:
4757
Projected Rent for Unit 1:
$2,900
Projected Rent for Unit 2:
$2,000
Projected Rent for Unit 3:
$2,450
Near corner of Alder and Terrace
Special Listing Conditions:
N/K
Age Restrictions:
N/K
Miscellaneous:
N/K
Exposure Front:
N/K
Construction Material:
Stucco
Lot Size:
Switch units of measure0 sq. ft.
Parcel Number:
440-542-22-00
Heating:
Other/Remarks
Heating fuel:
Electric
Cooling:
Heat Pump(s)
Roof:
Composition
Security:
Gated Community
Irrigation:
Other/Remarks
Pets Allowed:
Yes
Fencing:
Full
Listed by Tristani Real Estate
Data was last updated January 14, 2026 at 11:10 PM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty
Data Source Logo
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego Multiple Listing Service, Inc.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego Multiple Listing Service, Inc.