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4671 Terrace Dr

San Diego CA 92116

6
4
2530 sq. ft.
0.14 ac.
Multi-Family
Currently for sale - view listing

Overview

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!

Features

6 bedrooms
4 bathrooms
2530 sq. ft. floor area
0.14 ac. lot size
Multi-Family

Property history for 4671 Terrace Dr

2024
Sold
$1,825,000
31 Jul 2024 by Mark Browne, of Seaside Executives
2023
Rented
Undisclosed
22 Sep 2023 by Maya Cima, Broker
2022
Rented
Undisclosed
28 Sep 2022 by Maya Cima, Broker

Happy sellers in San Diego

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Local market activity for 6 bedroom multi families in San Diego

In the last 12 months, 4 six-bedroom multi families similar to 4671 Terrace Dr, have been sold.

This represents a 100% decrease in six-bedroom multi families sales when compared to the previous 12 months.

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