4671-73 Terrace Dr, San Diego, CA 92116
4671-73 Terrace Dr, San Diego, CA 92116
4671-73 Terrace Dr, San Diego, CA 92116
38
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$1,949,999
Est. payment /mo
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6 Beds
4 Baths
6,210 Sqft Lot
Active

4671-73 Terrace Dr San Diego, CA 92116

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Ben Ruiz

Ben Ruiz

+1(619) 733-4635

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Kensington

MLS Listing ID 260003809

Bedrooms 6

Full Baths 4

Year Built 1950

Lot Size 6,210 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

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.

Location

State CA

County San Diego

Area Metro Uptown

Zoning R-3:RESTRI

Interior

Cooling Central Forced Air, Wall/Window

Fireplace No

Exterior

Fence Full

View Y/N No

Roof Type Other/Remarks

Others

Senior Community No

Tax ID 440-653-31-00

Acceptable Financing Cash, Conventional, VA

Listing Terms Cash, Conventional, VA

MLS Router / San Diego MLS
Listed by Eric M Meeler, DRE#02086276 Key Realty Group Inc. 

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Ben Ruiz

Ben Ruiz

Broker Associate | License ID: 00948586

+1(619) 733-4635

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4671-73 Terrace Dr

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