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.
MLS #
SD260003809
MLS Source
San Diego MLS
Days on Site
2
Cooling
Central Forced Air, Window/Wall Unit
Roof
Other
Zoning
R-3:RESTRI
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 3 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 1,400 | 4 | 2/0 | $4,600 |
| 2 | 675 | 1 | 1/0 | $2,200 |
| 3 | 675 | 1 | 1/0 | $2,400 |
4671-73 Terrace Dr is a Triplex in San Diego, CA 92116. This – square foot property sits on a 6,210 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,949,999 and was built in 1950. This address can also be written as 4671-73 Terrace Dr, San Diego, CA 92116.
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This listing information is up-to-date as of February 19, 2026. For the most current information, please contact Eric Meeler, (336) 583-6235