916 Madera Street, San Diego, CA 92114
- $850,000
- 3
- BD
- 3
- BA
- 1,586
- SqFt
- Sold Price
- $850,000
- List Price
- $900,000
- Closing Date
- Jun 24, 2026
- Status
- CLOSED
- MLS#
- PTP2602772
- Year Built
- 1935
- Bedrooms
- 3
- Bathrooms
- 3
- Living Sq. Ft
- 1,586
- Lot Size
- 8,276
- Acres
- 0.19
- Lot Location
- 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Landscaped, Level, No Landscaping, Near Public Transit, Yard
- Days on Market
- 38
- Property Type
- Single Family Residential
- Property Sub Type
- Single Family Residence
- Stories
- One Level
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.
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Additional Information
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- See Remarks, Wall/Window Unit(s), Zoned
- View
- Hills, Neighborhood
- Sewer
- Public Sewer
- School District
- San Diego Unified
- Attached Structure
- Attached
Listing courtesy of Listing Agent: Andrew Santiago (santiago.sells.realestate@gmail.com) from Listing Office: Real Broker.
Listing sold by Miles Palacios from Ecco Realty
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.