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 leasesperfect 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 gemwhether you're an investor looking for strong rental income or a homeowner seeking an income-producing property, this one checks all the boxes!
MLS # | 250018206SD |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1950 |
Days On Site | 159 |
Listing Provided By | Real Broker | Eric Meeler |
Story(s) | 2 |
---|---|
Units | 3 |
Building(s) | 2 |
Zoning | R-3:RESTRI |
Acreage | 0.14 |
Cooling | Central Air |
---|---|
Heating | Forced Air, Natural Gas |
Heating Yes / No | Yes |
Cooling Yes / No | Yes |
State | CA |
---|---|
County | San Diego |
City | San Diego |
Zip Code | 92116 |
Area | 92116 Normal Heights |
Community Name | Kensington |
![]() | $1,599,9004605 4607 Terrace DrSan Diego, CA 92116 |
![]() | $2,195,0004618 Marlborough Dr. (-22)San Diego, CA 92116 |
![]() | $1,795,0004153 AdamsSan Diego, CA 92116 |
![]() | $1,875,0004668 39th StreetSan Diego, CA 92116 |