I have listed a new property at 4671 73 Terrace Drive in San Diego. See details here
Welcome to Kensington's gem at 4671-73 Terrace Dr., showcasing a Fully Renovated Turn-Key Tri-Plex, luxury living with generous passive income to offset the mortgage.This INCOME POWERHOUSE is expandable with an optional 4th unit via ADU/garage conversion, potentially elevating the NOI to $174,000/yr NET. The centerpiece is a meticulously modernized 4BD 2BA single-family home chef's dream kitchen equipped with top-of-the-line stainless steel appliances, luxury vinyl plank flooring, oodles of natural light beaming through several large custom aluminum double-sided bronzed dual-pane windows. With over $400,000 invested in the last 5 years, top of the line interior and exterior enhancements, including NEW electrical, plumbing, new foundation, brand new roof, new custom color stamped driveways and dozens of majestic palm trees adorn this the curb appeal is undeniable. This estate includes a private spacious duplex 1,200 sq ft 1BD 1BA duplex tucked at the rear, generating $5,000+ monthly, contributing to a total passive income of $10,000/month. Leave the car at home, just a 2 min stroll to vibrant Adams Ave, this TURNKEY one-of-a-kind investment is more than just a place to live; it’s a statement of success and a testament to meticulous renovation and design. Each unit offers privacy with individual meters, minimizing maintenance costs and maximizing convenience. Knock knock! Hello? Opportunity! Guaranteed this property will be your the Easiest Passive Income Generation Investments Everyone Dreams To Have! Opportunity only knocks once, answer the call! And make this property one of the best investment decisions you'll ever make! Step into Luxury with a Fully Renovated Tri-Plex Kensington estate, featuring a stunning single family 4BD 2BA home and a highly profitable Turn-Key Duplex current total Net Income of $10,000+/month. All three units individually metered ensures low maint. costs, ample off-street parking for 8 vehicles, private patios, in-unit laundry, ALL TOP-OF-THE-LINE UPGRADES THROUGHOUT. NEW plumbing, NEW roof, NEW 220 electrical, NEW foundation, NEW custom aluminum bronze dual pane windows, NEW travertine lined patios, NEW appliances throughout all three units, NEW garage door and opener, NEW exterior paint, NEW masonry privacy walls, NEW auto-irrigation, NEW landscape lighting, lifetime warranty bathroom trim fixtures, TOO MANY THINGS TO LIST! Opportunity only knocks once, answer the call and make this RARE GEM one of the best investment decisions of your lives. Guaranteed this property will be your the Easiest Passive Income Generation Investments Everyone Dreams To Have! Kensington, one of the most sought-after communities in San Diego County renowned for its historic charm and suburban elegance. This affluent neighborhood offers tastefully restored multi-million-dollar residences from the 1920s. Kensington's allure is unmistakable, with a median real estate price of $1.6M for small SF fixers and an average rental cost of $5,048. It's a testament to the area's affluence and the competitive nature of its housing market, where properties frequently sell at or above listing price. This blend of historical allure, affluence, and cultural diversity positions Kensington as one of the most attractive and vibrant communities in San Diego County.