4374 Adams Ave

4374 Adams Ave

D

San Diego, CA 92116

$2,495,000

Soft Appraisal Value: $2,446,200 · 2.0% above estimate

Beds

5

Baths

4

Sqft

2,971

Year Built

1927

Days on Market

11

Property Type

Single Family

HOA/mo

N/A

MLS ID

260006352SD

View on MLS

Description

Modern Conveniences with Historical Charm. A rare offering on the coveted Adams Avenue loop in Kensington, this extensively reimagined 1920s Spanish Revival blends timeless architecture with the comfort and functionality of modern construction. Completely renovated inside and out, the home lives like new while preserving its original character and charm. The thoughtfully designed floor plan features a full ensuite bedroom on the main level, a formal living room with original fireplace and arched picture windows, and a dedicated dining space. The chef’s kitchen has been built from the ground up with high-end appliances, custom cabinetry, and French doors that open to a private backyard retreat, ideal for indoor-outdoor living. Upstairs, a newly constructed primary suite offers a peaceful escape with a spa-inspired bath, heated floors, walk-in shower, and private deck. Two additional bedrooms and a beautifully finished secondary bath complete the upper level. A fully finished detached garage with La Cantina doors and A/C provides flexible space for a gym, studio, or office. Above, a separate 1BD/1BA guest suite offers exceptional versatility for guests, extended living, or potential rental income. Upgrades include paid solar, EV charging, new ABS plumbing, and updated electrical and HVAC systems. A truly turnkey property in one of San Diego’s most sought-after neighborhoods. Modern living meets historic charm in the heart of Kensington. Ideally positioned on the beloved Adams Avenue loop, just moments from the village yet quietly removed from through-traffic, 4374 Adams Avenue is a fully reimagined Spanish Revival that has been extensively renovated to function like a new home while honoring its 1920s roots. Originally built with classic architectural detail, the home has undergone a comprehensive transformation, with nearly every system, finish, and layout element thoughtfully upgraded. The result is a seamless blend of old-world character and modern livability. The main level is designed for both everyday comfort and entertaining, featuring a formal living room with original fireplace, expansive arched windows, and custom wood detailing. A full ensuite bedroom provides flexibility for guests or multi-generational living. The chef’s kitchen serves as the centerpiece of the home, showcasing a timeless white palette, premium appliances, custom cabinetry, and French doors that open to a private outdoor setting complete with an adobe-style fireplace. Upstairs, the newly constructed primary suite offers a true retreat with a spa-like bathroom, heated floors, designer tile work, and a private deck with treetop and neighborhood views. Two additional bedrooms include individual climate control, and the secondary bathroom features elevated finishes and radiant heat. The detached garage has been fully built out with La Cantina doors and air conditioning, creating an ideal flex space for a gym, studio, or office. Above, a separate one-bedroom, one-bath suite adds significant value and versatility, perfect for guests, a home office, or potential ADU use. Additional improvements include paid solar, EV charging, new ABS plumbing, upgraded electrical, HVAC, and thoughtfully designed landscaping with drought-tolerant elements. Kensington is one of San Diego’s most cherished historic neighborhoods, known for its tree-lined streets, architectural integrity, and strong sense of community. Residents enjoy easy access to local cafes, restaurants, boutiques, and neighborhood events, all while maintaining a peaceful, residential feel just minutes from central San Diego.

Mortgage Calculator

Est. Monthly Payment

$15,839

Principal & Interest$12,616
Property Tax$2,495
Insurance$728
%($499,000)
%

Investment Score

0D
Est. Monthly Rent
$6,574
Monthly Cashflow

Rent − PITI − HOA

$-9,265
Full Cashflow

Incl. vacancy, PM, maint, capex

$-12,856

Mortgage (P+I)
$12,616
Cap Rate
-0.12%
Cash-on-Cash
-30.92%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.42
Break-even Rent
$23,270

NOI (Annual)
$-2,882
Price-to-Rent

Lower = better for investors

31.6

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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