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4489 Van Dyke Avenue

San Diego, CA 92116
  • $1,599,000
  • STATUS: ACTIVE
  • ON SITE: 18 Days
  • ID#: 250000056
UPDATED: 128 min ago
$1,599,000
  • 3
    BEDS
  • 0.24
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,614
    SQFT
  • $991
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1934
County:

School Ratings & Info

Description

Discover the perfect blend of classic charm and modern opportunity in this 1934 Spanish-style 2-on-1 duplex, located on nearly a quarter-acre in the heart of Kensington! This unique property offers unmatched privacy with no neighbors behind you and endless possibilities for living and investment. The main home features 3 bedrooms, 2 bathrooms, and 1,246 sq. ft. of living space adorned with timeless architectural details, and thoughtful updates to the kitchen and bathrooms. Adding to its appeal is a 368 sq. ft. studio with a private entrance, secluded deck, and backyard, generating $1,700/month in rental income. The versatile 368 sq. ft. studio unit could easily be converted into a stunning primary suite for the main home, creating a seamless extension of the living space. With its private entrance, deck, and backyard, this space offers the perfect opportunity to craft a luxurious retreat for additional living area while preserving the charm and functionality of the property. The spacious lot also includes a detached garage that can be converted into an additional unit, making this property an ideal choice for maximizing rental potential or enjoying multi-generational living. Whether you choose to live in the main home and rent out the studio or expand your income with additional units, this Kensington gem offers a rare opportunity to own a piece of history while offsetting your mortgage in one of San Diego's best neighborhoods.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.mercergrouprealestate.com/homes/159134483
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4489 Van Dyke Avenue San Diego, CA 92116

  • Price: $1,599,000
  • Status: ACTIVE
  • On Site: 18 Days
  • Updated: 128 min ago
  • ID#: 250000056
3
Beds
3
Baths
0
½ Baths
0.24
Acres
1,614
SQFT
$991
$/SQFT
1934
Built
Neighborhood:
Kensington
County:
San Diego
Area:
Normal Heights (92116)
Property Description
Discover the perfect blend of classic charm and modern opportunity in this 1934 Spanish-style 2-on-1 duplex, located on nearly a quarter-acre in the heart of Kensington! This unique property offers unmatched privacy with no neighbors behind you and endless possibilities for living and investment. The main home features 3 bedrooms, 2 bathrooms, and 1,246 sq. ft. of living space adorned with timeless architectural details, and thoughtful updates to the kitchen and bathrooms. Adding to its appeal is a 368 sq. ft. studio with a private entrance, secluded deck, and backyard, generating $1,700/month in rental income. The versatile 368 sq. ft. studio unit could easily be converted into a stunning primary suite for the main home, creating a seamless extension of the living space. With its private entrance, deck, and backyard, this space offers the perfect opportunity to craft a luxurious retreat for additional living area while preserving the charm and functionality of the property. The spacious lot also includes a detached garage that can be converted into an additional unit, making this property an ideal choice for maximizing rental potential or enjoying multi-generational living. Whether you choose to live in the main home and rent out the studio or expand your income with additional units, this Kensington gem offers a rare opportunity to own a piece of history while offsetting your mortgage in one of San Diego's best neighborhoods.
Exterior Features

Exterior Stucco Fencing GateOther/Remarks Parking Garage Desc Unit1 Detached Parking Garage Desc Unit2 N/K Parking Garage Spaces Unit1 2 Parking Garage Spaces Unit2 0 Roof Tile/Clay Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 1 Units With Patios 2

Interior Features

Cooling Central Forced AirWall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Heat Equipment Forced Air Unit Heat Source Natural Gas Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups No Units With Cooling 2 Units With Dishwashers 1 Units With Dryers 1 Units With Fireplaces 1 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 1

Property Features

Actual Cap Rate 0.0 Age Restrictions N/K Annual Expense Actual 0 Association ID San Diego Association of REALTORS (SDAR) Buildings 1 Cfd Mello Roos Fee 0.0 Community KENSINGTON Complex Park Van Dyke Avenue Cross Streets Monroe Avenue Gross Rent Multiplier Actual 0.0 Gross Scheduled Income Actual 1700 Gross Scheduled Income Project 7100 Mandatory Remarks None Known Market Area Metro Uptown Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Tenant Pays N/K Terms CashConventionalFHAVA Unit1 Deposit 0 Unit1 Occupied Vacant Unit1 Projected Rent 5000.0 Unit1 Rent Actual 0.0 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Projected Rent 2100.0 Unit2 Rent Actual 1700.0

San Diego MLS logo Listing provided courtesy of Patrick Mercer of Keller Williams La Jolla: 619-846-2083. Listing information © 2025 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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Mercer Group | Keller Williams La Jolla
4071 Adams Avenue
San Diego CA, 92116