




916 Madera Street, San Diego, CA 92114
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.
Bedrooms
3
Bathrooms
3
Square Feet
1,586
Lot Size
8,276.4 sqft
Year Built
1935
Property Type
Single Family Residence
Days on Market
12
HOA Fee
N/A
Garage Total
0
MLS #
PTP2602772
Laundry
Electric Dryer Hookup, Gas Dryer Hookup
Cooling
See Remarks, Wall Window Units, Zoned
Total Parking Spaces
2
Open Parking Spaces
2
Lot Features
Zero To One Unit Acre, Back Yard, Corner Lot, Front Yard, Landscaped, Level, No Landscaping, Near Public Transit, Yard
Sewer
Public Sewer
Biking, Curbs, Dog Park, Foothills, Gutters, Park, Storm Drains, Street Lights, Suburban, Sidewalks
$0
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Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features
Topfind Realty, DRE # 02240815, is a licensed real estate broker in California. Topfind Realty pledges to support the Fair Housing Act and adhere to Equal Housing Opportunity laws.
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