




916 Madera St, San Diego, CA, 92114
About This Home
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.
Getting Around
Schools
Construction
Condition
- Year built: 1935
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Electric Dryer Hookup,Gas Dryer Hookup
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- Cooling features: See Remarks,Wall/Window Unit(s),Zoned
Features
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior Area
- Total interior livable area: 1,586 sqft
Property
Details
- Parcel number: 5442012200
- Attached to another structure: Yes
- Zoning: R-1:SINGLE FAM-RES
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Entry location: South East
- Pool features: None
- Has view: Yes
- View description: Hills,Neighborhood
Lot
- Lot size: 8,276 sqft
- Features: 0-1 Unit/Acre,Back Yard,Corner Lot,Front Yard,Landscaped,Level,No Landscaping,Near Public Transit,Yard
- Lot size dimensions: 118' x 161 x 113 x 17'
Parking
- Total spaces: 2
- Uncovered spaces: 2
