4671-73 Terrace Dr, San Diego, CA 92116
Local realty services provided by:ERA North Orange County Real Estate
4671-73 Terrace Dr,San Diego, CA 92116
$1,949,999
- 6 Beds
- 4 Baths
- 2,750 sq. ft.
- Multi-family
- Active
Listed by: eric m meeler
Office: key realty group inc.
MLS#:260003809
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,949,999
- Price per sq. ft.:$709.09
About this home
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.
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Home facts
- Year built:1950
- Listing ID #:260003809
- Added:2 day(s) ago
- Updated:February 20, 2026 at 03:39 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Living area:2,750 sq. ft.
Heating and cooling
- Cooling:Central Forced Air, Wall/Window
Structure and exterior
- Year built:1950
- Building area:2,750 sq. ft.
Finances and disclosures
- Price:$1,949,999
- Price per sq. ft.:$709.09
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