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For sale
  • $2,099,999

    4671-73 Terrace Dr, San Diego, CA 92116

    6beds
    --sqft
    : 
    Multi Family
    Built in 1950
    -- sqft lot
    $2,114,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Timeless charmModern designHigh-end finishes
    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!
    192 days
    on Zillow
    |
    391
    |
    10
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 13, 2025 at 04:42am

    Listed by:

    Eric M Meeler DRE #02086276 336-583-6235,

    Real Broker

    Source: SDMLS,MLS#: 250018206MLS LogoOriginating MLS: San Diego Association of REALTOR
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 4671-73 Terrace Dr.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air Unit
    Cooling
    • Central Forced Air
    Interior area
    • Total structure area: 2,530
    Video & virtual tour

    Property

    Features
    • Levels: 2 Story
    • Fencing: Full
    Lot
    • Size: 6,098.4 Square Feet
    Details
    • Parcel number: 4406533100
    • Zoning: R-3:RESTRI
    • Zoning description: R-3:RESTRI

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Roof: Tile/Clay
    Condition
    • Year built: 1950

    Community & HOA

    Community
    • Security: N/K
    • Subdivision: KENSINGTON
    Location
    • Region: San Diego

    Financial & listing details

    • Tax assessed value: $814,326
    • Annual tax amount: $10,042
    • Date on market: 2/5/2025
    • Listing terms: Cash,Conventional,FHA,VA
    • Tenant pays: Electricity, Gas/Propane, Sewer, Trash, Water
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