$2,099,999
0.14 Acre Lot

4671 63 Terrace Dr, San Diego, California 92116

  • Residential Income Property Type
  • 1950 Year Built
Property Description

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!

Basic Details
Residential Income
For Sale
250018206SD
$2,099,999
1950
0.14 Acre
Active
Features
: Forced Air, Natural Gas
: Central Air
$0
Address Map
CA
San Diego
San Diego
Kensington
92116
Terrace Dr
4671 73
CrossStreet: Park Pl
92116 - Normal Heights
R-3:RESTRI
Additional Information
$0
$0
$0
$0
$0
: Two
3
2025-02-04
3 Units
2
2
https://www.propertypanorama.com/instaview/snd/250018206
Broker/Agent Information
Real Broker
Eric Meeler
Listing Information
SAND-685544
SAND-7899
Cash,Conventional,FHA,VA Loan
Active
2025-02-16T19:10:39Z
CRMLS
2025-02-04T16:00:00Z
Agent info
Ray Millman
Mortgage Calculator
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Contact Agent
Contact Us
ray@millmanteam.com 310.375.1069