4671 Terrace | San Diego, CA 92116
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
4671 Terrace
San Diego, CA 92116
Multifamily Property For Sale
·
4 Units
INVESTMENT HIGHLIGHTS
- 3 rental units currently generating $125,400/year in gross rental income!
- Investment opportunity with significant value-add potential, ADU permit to convert the garage into a 1 bed/1bath almost completed.
- Kensington is historic gem! A lush close-knit residential community w/ luxurious, elegant spanish-style single-family in a vibrant coastal destination
- Fully occupied multi-family investment opportunity in the highly desirable Kensington, in the heart of the coastal San Diego in South California.
- Enjoy a low maintenance property ($50/month landscape) with units recently renovated with high-end top of the line modern finishes.
- Income Approach BPO valued above $2.8M, Comparable Sales Approach $2,5M, recent appraisal available upon request.
PROPERTY FACTS
| No. Units | 4 | Building Size | 2,530 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1978/2018 |
| Building Class | B | Parking Ratio | 2.37/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | RS-1-7 - Residential Single-Family 1-7 | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.14 AC |
| Building Size | 2,530 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1978/2018 |
| Parking Ratio | 2.37/1,000 SF |
| Zoning | RS-1-7 - Residential Single-Family 1-7 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Microwave
- Storage Space
- Washer/Dryer
- Heating
- Bay Window
- Ceiling Fans
- Granite Countertops
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Walk-In Closets
- Wi-Fi
- Double Pane Windows
- Instant Hot Water
- Office
- Pantry
- Patio
- Porch
- Vinyl Flooring
- Window Coverings
SITE AMENITIES
- Furnished Units Available
- Online Services
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+2 | 1 | $5,500 | 1,500 |
| 1+1 | 2 | $4,950 | 500 |
PROPERTY TAXES
| Parcel Number | 440-653-31 | Improvements Assessment | $330,000 |
| Land Assessment | $1,500,000 | Total Assessment | $1,830,000 |
PROPERTY TAXES
Parcel Number
440-653-31
Land Assessment
$1,500,000
Improvements Assessment
$330,000
Total Assessment
$1,830,000
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
