916 Madera Street, San Diego, CA 92114

USD 949,900

For Sale MLS: PTP2602772

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Property Details

Bathrooms

Neighborhood

None

Basement

None

Property Type

None

Description

3 incomes built into one property! Fully renovated & permitted garage conversion (ADU) Discover an extraordinary investment opportunity at 916 Madera St, where three income-generating units converge into one unique property, all for under $1 million. This thoughtfully designed asset offers the potential for over $6,000 in monthly income, positioning it as an exceptional choice for both owner-occupants and savvy investors. With options to live in one unit while renting out the others, or lease all three for maximum cash flow, flexibility is at your fingertips. The property features a recent garage conversion, pending final city approval, enhancing its attractiveness in a low vacancy area. Spanning a generous .19-acre lot, this residence not only provides a home but also allows you to offset your mortgage with additional rental income. Why pay homeowner association fees when you can enjoy the benefits of being both a homeowner and a landlord? Seize this unique opportunity to elevate your financial future; properties like this are rare and will not remain on the market for long.

PROPERTY DETAILS: Square Feet: 1586 | Bathrooms: 3

INTERIOR FEATURES: • Cooling: Window/Wall Unit, Zoned • Heating: None • Common Walls: 1 Common Wall • Fireplaces: None

EXTERIOR FEATURES: • Parking: 2 Parking Spaces, • Pool Description: None • Lot View: Hill, Other • Lot Dimensions: 118' x 161 x 113 x 17' • Zoning: R-1:SINGLE FAM-RES • Additional Exterior/Lot Features: Landscaped Corner Lot, Landscaped, Near Public Transit, Level, Front Yard, Back Yard

LISTING AGENT: Agent: Andrew Santiago | Office: Real Broker | Phone: 6197585707 | Email: [email protected]

LISTING INFORMATION: MLS#: PTP2602772 | Status: FOR SALE

Location

Address

916 Madera Street

City

San Diego

Features and Finishes

Interior Features:

• Cooling: Window/Wall Unit, Zoned

• Heating: None

• Common Walls: 1 Common Wall

• Fireplaces: None

Exterior Features:

• Parking: 2 Parking Spaces,

• Pool Description: None

• Lot View: Hill, Other

• Lot Dimensions: 118' x 161 x 113 x 17'

• Zoning: R-1:SINGLE FAM-RES

• Additional Exterior/Lot Features: Landscaped Corner Lot, Landscaped, Near Public Transit, Level, Front Yard, Back Yard

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