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$1,290,000
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House -
Off Market
4234 Alder Drive
San Diego, CA 92116
2 Beds
1 Bath
1,005 Ft²
$6,163
Est. Monthly
About This Property
KENSINGTON PARK SPANISH CHARMER NORTH OF ADAMS AVE! Beautifully
maintained and thoughtfully updated, this single-level 1933
Spanish-style home blends timeless character with modern
convenience. Original details include coved and barreled ceilings,
refinished hardwood floors, a cozy fireplace, and adorable
built-ins. The remodeled bathroom features a walk-in shower and
built-in storage. The kitchen offers a brand new retro-style
refrigerator and natural gas range, plus a versatile bonus flex
space ideal for a home office or expanded kitchen use. Additional
updates include a 2020 tile roof, updated plumbing and wiring,
ceiling fans, plantation shutters, and a tankless water heater. A
detached 2-car garage with laundry hookups adds convenience. Step
outside to a secluded, fully tiled backyard with a charming outdoor
living area-private, easy-care, and perfect for relaxing or
entertaining. Located in highly sought-after Kensington Park, north
of Adams Avenue, this meticulously cared-for Spanish property
offers the character and charm buyers love, paired with thoughtful
updates for modern living.
Unit Size
1,005 Ft²
Days on Market
21 days
Land Size
0.06 acres
Price per sqft
$1,249
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1933
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (SDMLS #PTP2606173)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2026 | Sold | ||
| Sold | |||
| Aug 19, 2026 | In contract | - | |
| In contract | |||
| Aug 12, 2026 | Listed by Coldwell Banker West | $1,255,000 | |
| Listed by Coldwell Banker West | |||
| Apr 3, 2014 | Sold | ||
| Sold | |||
| Feb 24, 2014 | Listed by Real Living Napolitano R.E. | $619,000 | |
| Listed by Real Living Napolitano R.E. | |||
| | |||
|
Spanish Charmer in Kensington Park! Built 1933, this single level two bedroom home screams BUY ME NOW! Spacious entry with barreled ceilings, separate formal dining, and an outdoor living area that will knock your socks off! Desirable location North of Adams and within close proximity to Central Business District. Don't miss out! Neighborhoods: Kensington Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Mid-City
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Listed by: Amy Saflar, Coldwell Banker West
Last Updated: 2 months ago
Data Source: CRMLS, MLS# PTP2606173
Last Updated: 2 months ago
Data Source: CRMLS, MLS# PTP2606173
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