photo 1: 4671-63 Terrace Dr, San Diego CA 92116

Courtesy of Real Broker

Active

4671-63 Terrace Dr, San Diego CA 92116

$2,099,999

Price

6

Beds

-

Baths

-

Sq. Ft.

Renovated 3-Unit Property in Prime Kensington Location! Incredible investment opportunity in the highly sought-after Kensington neighborhood of San Diego! This renovated 3-unit property sits just off Adams Avenue, offering unparalleled walkability to top-rated restaurants, boutique shopping, and scenic parks. The front home is a spacious 4-bed, 2-bath single-family residence, move-in ready. Featuring high-end finishes such as turpentine stone, luxury vinyl flooring, and custom soft-close cabinetry, this home blends modern design with timeless charm. The back duplex consists of two 1-bed, 1-bath units, currently rented at $2,600 and $2,200 per month on month-to-month leases—perfect for immediate rental income or future value-add potential. The property is zoned R3, offering the ability to convert the garage into an ADU for additional rental income. Recent upgrades include a brand-new $16,000 AC system and a $26,615.71 sewer pump replacement, ensuring peace of mind for the next owner. Don't miss out on this rare Kensington gem—whether you're an investor looking for strong rental income or a homeowner seeking an income-producing property, this one checks all the boxes!

Listing Type

Multifamily

Property Type

Res Income 2-4 Units

Built Year

1950

Levels

--

Price/Sqft

--

Lot Size Acre

--

Status

Active

Days on Realoq

161

Living Area

0 Sq. Ft.

Lot Size Sqft

-- Sq. Ft.

Location

Fireplace
  • No
Agent

Eric M Meeler

Brokerage

Real Broker

Listing ID #

250018206

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Sunita Gurung Easterday, CALDRE 01975888, Realoq Inc., CALDRE 02221797, 877-798-2005, 2001 Clayton Road Suite 200, Concord, CA 94520

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