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
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
Kensington
Neighborhood:
92116
Listed Date:
Feb 5, 2025
Lot Size:
6,210 sqft / 0.14 acres (approx)
Year Built:
1950
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Schools
Interior
Cooling
CA
Heating
FA, GAS
Exterior
Financial
Map
Community
- Address73 Terrace Dr San Diego CA
- SubdivisionKensington
- CitySan Diego
- CountySan Diego
- Zip Code92116
Subdivisions in San Diego
- Bay Park
- Bayside BS
- Bonita
- Bonsall
- BP
- Carmel Mountain Ranch
- Carmel Valley
- Casablanca CSB
- CAV
- CH
- Chula Vista
- City Heights
- Civita CIVI
- Clairemont
- College Grove
- Coronado Shores
- Coronado Village
- Crown Point
- Crown Point CP
- Del Cerro
- Del Mar
- Downtown
- DWTN
- East Del Mar
- East San Diego
- East Village 400
- Encanto
- ENCTO
- Escala ESCL
- Hillcrest
- Imperial Beach
- Kearny Mesa
- Kensington
- La Costa
- La Jolla
- La Mesa
- Lemon Grove
- Linda Vista
- Logan Heights
- Marbella MB
- Middletown
- Mira Mesa
- Mission Beach
- Mission Greens R1 MG
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- olive street
- Pacific Beach
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- Park Villas South
- PL
- Point Loma
- Poway
- Presidio PRES
- Promontory PROM
- Rancho Bernardo
- Rancho Pacifica 1 261701
- Rancho Penasquitos
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- RB
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- San Diego
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- SANT
- Santaluz
- SBS
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- SD
- Serra Mesa
- Solana Beach
- Sonoma Tract 8 1118
- South Sd
- Spinnaker Point SPINP
- Spring Valley
- Stonebridge 3700
- Talmadge
- The Cottages COTT
- Tierrasanta
- Torrey Highlands
- UC
- University City
- University Heights
Market Summary
Current real estate data for Single Family in San Diego as of Oct 29, 2025
2,471
Single Family Listed
69
Avg DOM
622
Avg $ / SqFt
$1,151,991
Avg List Price
Property Summary
- Located in the Kensington subdivision, 73 Terrace Dr San Diego CA is a Single Family for sale in San Diego, CA, 92116. It is listed for $2,099,999 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1950. The average price per square foot for Single Family listings in San Diego is $622. The average listing price for Single Family in San Diego is $1,151,991.
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