4671 Terrace Dr, San Diego, CA 92116
Local realty services provided by:CENTURY 21 Lois Lauer Realty
4671 Terrace Dr,San Diego, CA 92116
$1,949,999
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: eric meeler
Office: key realty group inc.619-349-4945
MLS#:260003809SD
Source:CRMLS
Price summary
- Price:$1,949,999
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....
Contact an agent
Home facts
- Year built:1950
- Listing ID #:260003809SD
- Added:73 day(s) ago
- Updated:May 02, 2026 at 10:32 AM
Heating and cooling
- Cooling:Central Air, Wall Window Units
- Central air:Yes
Structure and exterior
- Year built:1950
- Lot area:0.14 Acres
Finances and disclosures
- Price:$1,949,999
New listings near 4671 Terrace Dr
- New
$475,000Active1 beds 1 baths602 sq. ft.13303 Rancho Penasquitos Boulevard #A103, San Diego, CA 92129
MLS# NDP2604245Listed by: COLDWELL BANKER REALTY - New
$1,199,000Active2 beds 2 baths1,374 sq. ft.700 W Harbor Dr. #1502, San Diego, CA 92101
MLS# 260010588SDListed by: PALISADE REALTY INC - New
$1,465,000Active3 beds 3 baths1,844 sq. ft.6448 Glidden St, San Diego, CA 92111
MLS# NDP2604241Listed by: EXP REALTY OF CALIFORNIA, INC - New
$649,000Active2 beds 2 baths1,095 sq. ft.1480 Broadway #2210, San Diego, CA 92101
MLS# 260010589SDListed by: COMPASS - New
$929,000Active3 beds 3 baths1,538 sq. ft.8164 Mission Vista Dr, San Diego, CA 92120
MLS# 260010582SDListed by: ONE PERCENT LISTING GROUP, INC - Coming Soon
$649,900Coming Soon1 beds 1 bathsAddress Withheld By Seller, San Diego, CA 92130
MLS# 260010556SDListed by: WANNEBO REAL ESTATE GROUP - Open Sun, 2 to 4pmNew
$1,249,000Active3 beds 2 baths1,280 sq. ft.3542 Wawona Dr, San Diego, CA 92106
MLS# 260010563SDListed by: COASTAL PREMIER PROPERTIES - New
$1,195,000Active4 beds 3 baths2,290 sq. ft.13118 Old West, San Diego, CA 92129
MLS# 260010567SDListed by: THE BROKER NETWORK - New
$1,925,000Active2 beds 2 baths1,602 sq. ft.888 W E Street #3105, San Diego, CA 92101
MLS# 260010568SDListed by: THE AGENCY - Open Sun, 1 to 3pmNew
$1,199,900Active4 beds 2 baths1,524 sq. ft.4410 Gila Ave, San Diego, CA 92117
MLS# 260010570SDListed by: BEACH CITY BROKERS, INC.