32.762712 -117.108088
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Listed by Key Realty Group Inc., Eric Meeler.

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4671 Terrace DrSan Diego, CA 92116

Active
$1,949,999
0
0 SqFt

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.


FACTS & FEATURES

  • Property Type:
    Residential Income
  • Architectural Style:
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  • Bathrooms:
    0
  • Dwelling Size:
    0 SqFt
  • Lot Size:
    0.14 Acres
  • Lot Description:
  • Stories:
  • Year Built:
    1950
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  • Area:
    92116 - Normal Heights
  • Views:
  • Schools:
  • HOA:
  • Senior Community:
    False
  • Heating:
  • Cooling:
    Central Air,Wall/Window Unit(s)
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    Fireplace(s):
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LOCATION


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Listing Office: Key Realty Group Inc.. Listing Agent: Eric Meeler. Listing ID: 260003809SD

Last Updated February 19, 2026 11:00 AM
Data last checked against CRMLS on June 14, 2026 12:51 PM

Based on information from California Regional Multiple Listing Service, Inc. as of June 14, 2026 12:51 PM and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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