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4671-73 Terrace Dr San Diego, CA 92116
$2,099,999 6 beds, 4 baths
2, 530 sqft
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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!

Listing Details

Property type: 2-4 Units (Multi-family)
Status: ACTIVE
MLS# 250018206
List price is $2,099,999
Beds: 6
Baths: 4 (4 full)
Built in 1950
2,530 sqft
2 stories
0.14 acres
Lot size: 4,000-7,499 SF
County: San Diego
Zoning: R-3:RESTRI
Exterior features: Stucco
Heating description: Forced Air Unit
MLS area: NORMAL HEIGHTS (92116)

Last Updated: 2/20/2025

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This listing belongs to the NORMAL HEIGHTS (92116) MLS area

Lat/Long: 32.762730, -117.108102.
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Listing Agent: Eric M Meeler
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Population by Gender

Hispanic/Non-Hispanic Population

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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