Prime Kensington San Diego investment property generating $8,800+ per month with all three units fully occupied by reliable, on-time tenants. This turnkey multi-unit income property in 92116 features a beautifully renovated 4 bedroom, 2 bathroom single-family home in front and a 1 bedroom, 1 bathroom (each) duplex at the rear… Read More that all cash flow - ideal for investors seeking strong cash flow or buyers looking to live in one unit and offset the mortgage with rental income. Achieve an estimated 5.5% cap rate with individually metered units, tenants paying utilities, and exceptionally low owner expenses. The property offers rare off-street parking for 8+ vehicles plus a 2-car garage, private patios for each unit. Located in the heart of Kensington, one of San Diego’s most desirable neighborhoods, just steps from Adams Avenue, residents enjoy walkable access to Kensington Cafe, Bleu Bohème, Clem’s Bottle House, boutiques, wine bars, and the historic Ken Cinema. Known for its Spanish Revival architecture, tree-lined streets, and strong rental demand, Kensington properties rarely hit the market. This is a rare opportunity to own a cash-flowing triplex in Kensington San Diego with value-add potential, strong in-place income, and prime location appeal. Read Less
Listing Snapshot
Days Online
0
Last Updated
Lot Size
0.14 Acres
Year Built
1950
MLS Number
260003809SD
Additional Details
Building
Built in 1950, 1 building, Levels: MultiSplit
Community
Park Name: N/K
Cooling
CentralAir, WallWindowUnits
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $106,200, Net Operating Income: $78,200
Lot
0.1426 acres
Taxes
Parcel Number: 4406533100, Zoning: R-3:RESTRI
Tenant Pays
Electricity, Gas, Sewer, TrashCollection, Water
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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