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SOLD 9/16/2022

4755 Terrace Drive, San Diego, CA 92116$1,462,000

3
beds
3
baths

Listing provided courtesy of Listing Broker: Mike Tristani, Tristani Real Estate Group
Source CRMLS;
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Kensington! Three units close to the village! Two bedroom one bath in front, studio in the middle and a one bedroom one bath in the rear over two garages. Rents have huge upside potential...some are long term but all on month to month. Very minimal annual expenses. Front tenant owns her own refrigerator and stove.Well maintained by long term owner. Much of the interiors are in original but very good condition. Photos represent all three units. Easy maintenance yard too. A great opportunity to own in the village! Sewer: Sewer Connected Unit # for Unit 1: 4755 Unit # for Unit 2: 4755.5 Unit # for Unit 3: 4757 Number of Furnished Units: 0 Topography: LL

HOA

$0/month

On market

2 months

Year built

1940

Property type

Multi-Family

Parking

MLS

220016893SD

Price / Sq.Ft.

ft2

Status

Closed

Buyer’s Brokerage Commission

2.5%

Home details for 4755 Terrace Drive

Interior Features & Layout
Appliances
•   
Appliances: Gas Water Heater
•   
Has Appliances
Heating & Cooling
•   
Has Heating
•   
Heating Details: Natural Gas
Property, Lot, Community & Exterior Features
Lot Info
•   
Lot Size Source: Assessor
Community Info
•   
Number Of Buildings: 3
•   
Total Units: 3
Building Info
•   
Roof: Composition
•   
Stories Total: 2
•   
Num Stories: Two
Listing Details, Costs & Financing Information
Lease Info
•   
Net Operating Income: 45240.00
Financial Info
•   
Cap Rate: 0.00
•   
Gross Scheduled Income: 49740.00
Listing Info
•   
Status: Closed
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 1
•   
Unit 3 Actual Rent: 1300.00
•   
Unit 3 Garage Spaces: 2.00
•   
Unit 3 Bathrooms: 1
Unit 2 Information
•   
Unit 2 Actual Rent: 1495.00
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 0.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Garage Spaces: 0.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1350.00
Multi Unit Information
•   
Number With Refrigerator: 3
•   
# Of Units: 4
•   
Number With Patio: 3
•   
Number With Range: 3
School Neighborhood & Directions
Location
•   
Other Subdivision Name: Kensington
•   
Subdivision: Kensington
School Info
•   
Directions: Kensington Drive north to left on Alder and left on Terrace. CrossStreet: Alder
Virtual Tour Link
Virtual Tour
Other
Calculation
•   
Dom: 60
•   
Cdom: 60

Neighborhood snapshot

16
Properties for sale
7
Median days on market
$710.75
Median sold price/sqft
103.07%
Sold/List %
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Property History for 4755 Terrace Drive

09/16/2022
09/16/2022
CRMLS #220016893SD
sold
CRMLS #220016893SD
$1,462,000
--2.21%
08/30/2022
08/30/2022
CRMLS #220016893SD
pending
CRMLS #220016893SD
$1,495,000
08/23/2022
08/23/2022
CRMLS #220016893SD
active
CRMLS #220016893SD
$1,495,000
--5.32%
07/20/2022
07/20/2022
CRMLS #220016893SD
active
CRMLS #220016893SD
$1,579,000
--7.12%
07/01/2022
07/01/2022
CRMLS #220016893SD
active
CRMLS #220016893SD
$1,700,000

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