$1,349,000

Estimated payment $8,821/month

Total Views 7,878
5 Beds
4 Baths
1,530 Sq Ft
$882 Price per Sq Ft

Highlights

  • Property is Fully Fenced
  • Wood Siding
  • 1-Story Property
  • Lewis Middle School Rated A-

About This Home

Turnkey Kensington Income-Producing Property!! This rare offering features three thoughtfully designed and custom-renovated homes. The main residence is a spacious 3-bedroom, 2-bathroom home with its own private yard—perfect for entertaining or relaxing. The property also includes a charming studio and a beautifully finished ADU, each with private entrances, patios, and in-unit washer/dryers. Perfect for multi-generational living, short-term rental, or long-term income, this triplex offers unmatched flexibility. Whether you live in one and rent the others, rent all three, or create a hybrid setup, you’ll unlock built-in income potential from day one. Each unit has been meticulously maintained and upgraded with care, offering a true turnkey opportunity for both owner-occupants and investors. Located in a highly walkable neighborhood, the property is just blocks from restaurants, cafes, and parks.

Listing Agent

Ana Barros Fayt

Compass License #02125791 Listed on: 05/08/2025

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 4,692 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 454-732-03-00

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Kensington Community

Building Details

  • Net Operating Income $75,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: Meade Ave
  • Neighborhood: Kensington
  • Stories: 1 Story
  • Total Stories: 1
  • Year Built: 1926
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood
  • Fencing: Full
  • Roof: Composition

Utilities

  • Cooling: Central Forced Air

Condo/Co-op/Association

  • Complex Name: Kensington
  • Community: KENSINGTON

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 454-732-03-00
  • Estimated Lot Sq Ft: 4692

Rental Info

  • Tenant Pays: Water, Electricity, Other Fees

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 75000
  • Annual Expense Actual: 15000
  • Gross Rent Multiplier Actual: 15.0
  • Gross Sched Income Actual: 105000
  • Number Of Buildings: 3
  • Number Of Units With Cooling: 3
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 3
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 For Sale $1,349,000 -- $882 / Sq Ft
Source: San Diego MLS

Similar Homes in San Diego, CA

  • 4239 35th St, San Diego, CA 92104

    $1,149,000

    • 4 Beds
    • 4 Baths
    • 1,794 Sq Ft
    • 4239 35th St
    • San Diego, CA

    Welcome to a rare investment and lifestyle opportunity in the heart of San Diego! This exceptional property features two fully equipped units, each offering 2 bedrooms and 2 full bathrooms, making it ideal for multi-generational living, rental income, or living in one while leasing the other. Both units boast open floor plans and functional layouts, creating bright, inviting spaces perfect for

    Nick Wright Real Broker

    Section Image
  • 4472 51st St Unit 74, San Diego, CA 92115

    $1,000,000

    • 4 Beds
    • 2 Baths
    • 4472 51st St
    • Unit 74
    • San Diego, CA

    **Charming Talmadge Duplex – Ideal Investment or Owner-Occupant Opportunity!** Located in the highly desirable **Talmadge neighborhood**, this **versatile duplex** offers a fantastic opportunity for investors or homeowners looking for rental income. With **two separate units**, each with **private entrances and a gated division for privacy**, this property provides flexibility and convenience.

    Jessica Nguyen HomeSmart Realty West

    Section Image
  • 4275-77 College Ave, San Diego, CA 92115

    $1,295,000

    • 7 Beds
    • 4 Baths
    • 2,489 Sq Ft
    • 4275-77 College Ave
    • San Diego, CA

    Two on One, Income Property Starter, opportunity for an experienced investor or just starting out. Live in one, instant income and ADU opportunity. Two beautiful detached homes on one well appointed lot! Completely separate and private in prime central location near SDSU and amazing San Diego city. Front house modernized with comprehensive upgrades, modern design, all amenities desired and high

    Colleen McDade McDade Realty Group

    Section Image
  • 2925 Franklin Ave, San Diego, CA 92113

    $949,000

    • 6 Beds
    • 4 Baths
    • 2,432 Sq Ft
    • 2925 Franklin Ave
    • San Diego, CA

    Variance Granted 2-4 Units. Spacious Home with Guest Unit & Detached Shed Conversion in the Heart of the Arts District. This expansive two-story home offers 5 bed/2 bath, and an abundance of character, making it the perfect blend of historic charm and modern versatility. This unique property includes an attached 1-bed guest unit, ideal for extended family, rental income, or a private retreat.

    Ryan Main Compass

    Section Image
  • 4164 38th St, San Diego, CA 92105

    $1,219,999

    • 7 Beds
    • 4 Baths
    • 4164 38th St
    • San Diego, CA

    Upscale four-plex in the heart of one of the most desirable gentrifying neighborhoods in San Diego. Walkable to schools, restaurants, stores, and transit and believed to be in the economic development zone! Possible development potential. Your chance to get in on the San Diego investment market. It is fully rented with great upward potential. Pictures are representaive of one unit, they are

    John Rinaldi Apropos Investments

    Section Image
  • 4041 38th St, San Diego, CA 92105

    $1,475,000

    • 7 Beds
    • 4 Baths
    • 2,350 Sq Ft
    • 4041 38th St
    • San Diego, CA

    Introducing a fully renovated 3-unit gem in the heart of Cherokee Point, perfectly positioned between North Park and Normal Heights! This exceptional property features three detached units, each boasting modern upgrades and incredible investment potential. The front house is a spacious 1,100 sq. ft., 3-bedroom, 2-bath beauty. The middle unit offers a comfortable 600 sq. ft. with 2 bedrooms and 1

    Brian Duarte Millennial Realty Group

    Section Image
  • 4146 Fairmount Ave, San Diego, CA 92105

    $1,500,000

    • 5 Beds
    • 3 Baths
    • 4146 Fairmount Ave
    • San Diego, CA

    Excellent investment potential! This property is located in commercial zoning area, with huge potential for the right investor. Front unit has 3 bedroom 2 bathroom and the back unit has 2 bedroom and 1 bathroom with alley access. Shown with an accepted offer. Do not disturb tenants.

    Viet Tran eXp Realty of Southern California, Inc.

    Section Image
  • 4646-48 Cherokee Ave, San Diego, CA 92116

    $1,495,000

    • 4 Beds
    • 2 Baths
    • 1,580 Sq Ft
    • 4646-48 Cherokee Ave
    • San Diego, CA

    Nestled in the heart of Normal Heights, this fully remodeled Craftsman-style duplex is a rare and versatile opportunity for homeowners and investors alike. Situated on an expansive lot with excellent separation between the two units, the property offers incredible flexibility, privacy, and income potential in one of San Diego’s most walkable and desirable neighborhoods. The front home is a

    Patrick Mercer Keller Williams La Jolla

    Section Image
  • 4066 Cherokee Ave, San Diego, CA 92104

    $1,195,000

    • 4 Beds
    • 2 Baths
    • 1,319 Sq Ft
    • 4066 Cherokee Ave
    • San Diego, CA

    Turnkey Furnished Duplex – Active Short-Term Rental in Cherokee Point Located in the highly sought-after Cherokee Point neighborhood near North Park, this fully remodeled duplex offers an exceptional opportunity for investors seeking strong short-term and long-term rental potential. Together, the two units have averaged $10,000–$12,000 per month in gross rental income, with high-season months

    Seth Struiksma Compass

    Section Image

Source: San Diego MLS

MLS Number: 250026579

San Diego MLS