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Jazmin Cantley

jazmin.cantley@joinreal.com +1(619) 887-4194

$ 800,000

Est. payment | -/mo

3 Beds

3 Baths

1,586 SqFt

Save Virtual Tour

$ 800,000

Est. payment | -/mo

Save Virtual Tour

3 Beds

3 Baths

1,586 SqFt

Open House

Sun May 17, 12:00pm - 3:00pm

Key Details

Property Type Condo

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 1,586 sqft

Price per Sqft $504

MLS Listing ID PTP2602772

Bedrooms 3

Full Baths 3

Year Built 1935

Lot Size 8,276 Sqft

Lot Dimensions 118' x 161 x 11

Property Sub-Type All Other Attached

Property 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.

Location

State CA

County San Diego

Zoning R-1:SINGLE

Direction Use GPS

Interior

Cooling Wall/Window, Zoned Area(s), Other/Remarks

Fireplace No

Laundry Electric, Gas

Exterior

View Y/N Yes

View Mountains/Hills, Other/Remarks, Neighborhood

Total Parking Spaces 2

Building

Story 1

Sewer Public Sewer

Level or Stories 1

Schools

School District San Diego Unified School Distric

Others

Senior Community No

Tax ID 5442012200

Acceptable Financing Cash, Conventional, Exchange, FHA, VA

Listing Terms Cash, Conventional, Exchange, FHA, VA

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2602772

Listed by Andrew Santiago, DRE#01975921 Real Broker

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 887-4194

jazmin.cantley@joinreal.com

1420 Kettner Blvd # 100, San Diego, CA

916 Madera Street San Diego, CA 92114