4671 Terrace San Diego CA 92116
RESIDENTIAL
$ 2,088,000
Description
Exquisite Tri-plex located in sought-after Kensington! This remarkable property features: a beautifully remodeled single-family residence with 4 beds, 2 baths & a 2-car garage, two meticulously modernized 1-bed, 1-bath duplex units, and perfectly poised for a potential 4th unit via garage conversion. Unmatched opportunity for owner occupied plus rental income or great investment with a Passive Net Operating Income of $10,000 a month or $120,000 annually, exhibiting significant growth potential up to $174,000 via ADU/garage conversion. With an unparalleled attention to detail, this extensively remodeled property includes high-end fixtures & finishes that create a timeless and sustainable design. Renovated down to the studs, the upgrades include: Ferguson Hansgrohe shower fixtures, luxurious 60” faux wood Minka Aire DC fans in every room with wall controls, top-of-the-line Modena Living 6-foot vinyl plank floors throughout, Recessed LED lighting and $25,000 in high end stainless steel appliances. Further enhancements include: $100,000 towards exterior upgrades, a new foundation, extensive updates to electrical and plumbing systems, installation of new aluminum bronze windows, a new roof, exterior paint, masonry privacy walls and a modern garage door. In an area where parking comes at a premium, this property has 4 parking spaces in addition to the garage. Boasting over $400,000 in recent improvements, this prime income-generating opportunity is a rare find, representing the pinnacle of luxury and modernity.
Rooms & Units description
- Master Bedroom Dimensions: 17x12
- Living Room Dimensions: 24x12
- Bedroom 5 Dimensions: 12x10
- Bedroom 4 Dimensions: 14x13
- Bedroom 3 Dimensions: 11x10
- Kitchen Dimensions: 14x10
View on map / Neighborhood
Location Details
- Zip/Area: NORMAL HEIGHTS (92116)
- County: San Diego
- Neighborhood: Kensington
- Topography: Level
Property Details
- Listing Type: Exclusive Right (R)
- Market Area: Metro Uptown
- Sale/Rent: For Sale
- Approx # of Acres: 0.14
- Residential Styles: Detached
- Terms: Cash,Conventional,FHA,VA
- Price per SqFt: $ 825
- Levels: 1 Story
Property Features
- Laundry Utilities: Gas
- Roof: Other/Remarks
- Cooling: Central Forced Air
- View: City,Evening Lights
- Pool: N/K
- Exterior: Stucco
- Fencing: Partial
- Parking Garage: Detached
- Parking Garage Spaces: 2
- Parking Non-Garage: Driveway
- Heat Equipment: Fireplace,Forced Air Unit
- Fireplaces(s): 1 FP in Living Room
- Patio: Enclosed,Stone/Tile
- Sewer/Septic: Sewer Connected
- Community: KENSINGTON
- Laundry Location: Closet Full Sized
- Heat Source: Natural Gas
- Parking Spaces Total: 10
- Water: Meter on Property
Fees & Taxes
- Other Fees: 0.0
Miscellaneous
- AVM (Y/N): Yes
- IDX (Y/N): Yes
- Mandatory Remarks: None Known
- Short Sale: No
- Ownership: Fee Simple
Courtesy of
- Office Name: Melissa Goldstein Tucci
This Detached style property is located in is currently RESIDENTIAL and has been listed on Blue Chip Realty Group. This property is listed at $ 2,088,000. It has 6 beds bedrooms, 4 baths bathrooms, and is . The property was built in 2018 year.
