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!
Property Details
Price:
$2,099,999
MLS #:
250018206SD
Status:
Active
Baths:
0
Address:
4671 Terrace Dr
Type:
Residential Income
Subdivision:
Kensington
Neighborhood:
92116normalheights
City:
San Diego
Listed Date:
Feb 5, 2025
State:
CA
ZIP:
92116
Lot Size:
6,210 sqft / 0.14 acres (approx)
Year Built:
1950
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
Central Air
Heating
Natural Gas, Forced Air
Exterior
Parking Spots
0.00
Stories Total
2
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas, Sewer, Trash Collection, Water
Map
Community
- Address4671 Terrace Dr San Diego CA
- Area92116 – Normal Heights
- SubdivisionKensington
- CitySan Diego
- CountySan Diego
- Zip Code92116
Similar Listings Nearby
- 3652 Louisiana Street
San Diego, CA$2,650,000
2.25 miles away
- 4153 Utah Street
San Diego, CA$2,599,000
1.55 miles away
- 2522 2nd Ave
San Diego, CA$2,549,000
3.77 miles away
- 21 S 35th Street
San Diego, CA$2,500,000
4.02 miles away
- 6744 N Elman
San Diego, CA$2,499,000
4.01 miles away
- 7009 Tait St
San Diego, CA$2,450,000
3.76 miles away
- 2956 Ulric St
San Diego, CA$2,400,000
4.48 miles away
- 3700 Third Ave
San Diego, CA$2,400,000
3.33 miles away
- 4847 Saratogo Ave
San Diego, CA$2,400,000
3.65 miles away
- 4321 33rd Street
San Diego, CA$2,395,000
0.93 miles away

4671 Terrace Dr
San Diego, CA
LIGHTBOX-IMAGES