4671 Terrace Dr, San Diego CA 92116 | $2,099,999

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!

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