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4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
4671-73 Terrace Dr
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$1,949,999

4671-73 Terrace Dr

6 Beds 4 Baths 2,750 Sq.Ft. 6,098.4 Sq.Ft.

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 Boheme, 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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Location

4671-73 Terrace Dr, San Diego, CA 92116

Status

For Sale
Eric Meeler

Eric Meeler

TITLE

Co-Founder | Team Lead

LICENSE

02086276

Property Amenities

Interior
Total Bedrooms: 6
Full Bathrooms: 4
Area & Lot
Total area 2,750 Sq.Ft.
Lot Area 6,098.4 Sq.Ft.
Living area 2,750 Sq.Ft.
MLS® ID 260003809
Year Built 1950
Type Multi-Family
Status For Sale
Exterior
Air conditioning Central Forced Air, Wall/Window
Security Features N/K
Roof Other/Remarks
Finance
Sales Price $1,949,999
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