4671-73 Terrace Dr, San Diego, CA, 92116

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$1,949,999
8 Days On Site

4671-73 Terrace Dr
San Diego, CA 92116

For Sale|Multi Family|Active
6
Beds
4
Total Baths
4
Full Baths
2,750
SqFt
$709
/SqFt
1950
Built
Subdivision:
KENSINGTON
County:
San Diego
Listed by Eric M Meeler of Key Realty Group Inc. (336) 583-6235

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4671-73 Terrace Dr4671-73 Terrace Dr4671-73 Terrace Dr4671-73 Terrace Dr
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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.

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Listing Snapshot
Price 
$1,949,999
Days On Site 
8 Days
Bedrooms 
6
Inside Area (SqFt) 
2,750 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.14 Acres
Year Built 
1950
MLS® Number 
260003809
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
6 days agoStatus changed to Active
a week agoPrice changed to $1,949,999
a week agoListing first seen on site
General Features
Property Sub Type 
Multi Family
SqFt Total 
2750
Zoning 
R-3:RESTRI
Interior Features
Cooling 
Wall/Window Unit(s)Central Air
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Exterior Features
Construction Details 
Stucco
Fencing 
Full
Community Features
Financing Terms Available 
CashConventionalVA Loan
MLS Area 
Metro Uptown
Listed by Eric M Meeler of Key Realty Group Inc. (336) 583-6235



This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2026 San Diego MLS®.

Last checked 2026

Neighborhood & Commute
Source: Walkscore
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