4671-73 Terrace Dr, San Diego, CA 92116

• 6 beds |
• 4 baths

Property Description

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 Status:

Active

Date Added:

February 19, 2026

Data Last Updated:

April 15, 2026 at 2:14AM

Listing Office:

Key Realty Group Inc. : 619-349-4945

Listing Agent:

Eric M Meeler : 336-583-6235

MLS ID:

260003809

Interior

• A/C: Central Forced AirWall/Window

Construction

• Roofing: Other/Remarks
• General: StuccoOther/Remarks

Location

• Originating MLS: SDMLS
• County: San Diego

Lot

• Zoning: R-3:RESTRI440-653-31-00
• Fencing: Full

Financial

• Source: SDMLS