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4671-73 Terrace Dr San Diego, CA 92116
$1,949,999 6 beds, 4 baths
0 sqft
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Photo of Tammy Krug

Tammy Krug REALTOR® - Sales Associate 619-384-3490 m
Lic#: 01417954
NRDS ID: 196525277
tammy@tammykrug.com
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Lic#: 01417954
NRDS ID: 196525277
tammy@tammykrug.com
San Diego Downtown Office
516 5th Ave
San Diego, CA 92101
Phone: 619-595-7020
Fax: 619-702-9044
San Diego Downtown 516 5th Ave
San Diego, CA 92101
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Agent Remarks

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.

Listing Details

Property type: Res Income 2-4 Units (Multi-Family)
Status: ACTIVE
MLS# 260003809
List price is $1,949,999
Beds: 6
Baths: 4 (4 full)
Built in 1950
0.14 acres
Subdivision: KENSINGTON
County: San Diego
Zoning: R-3:RESTRI
Construction: Stucco
MLS area: Metro Uptown

Last Updated: 2/19/2026

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This listing belongs to the Metro Uptown MLS area

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Lat/Long: 32.762730, -117.108102.
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Listing Agent: Eric M Meeler
Lic#: 01417954
Office Name: San Diego Downtown

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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.

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Photo of Tammy Krug

Tammy Krug REALTOR® - Sales Associate 619-384-3490 m
Lic#: 01417954
NRDS ID: 196525277
tammy@tammykrug.com
Text Me
Call My Cell
Lic#: 01417954
NRDS ID: 196525277
tammy@tammykrug.com

San Diego Downtown Office
516 5th Ave
San Diego, CA 92101
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