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Shanne Carvalho

shanne@shannecarvalho.com +1(831) 588-2374

Listed by Andrew Santiago, DRE #01975921 • Real Broker

$ 949,900

Est. payment -/mo

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Active

916 Madera ST San Diego, CA 92114

3 Beds

3 Baths

1,586 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,586 sqft

Price per Sqft $598

MLS Listing ID CRPTP2602772

Bedrooms 3

Full Baths 3

Year Built 1935

Property Sub-Type Single Family Home

Source California Regional MLS

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

Area 92114 - Encanto

Zoning R-1:SINGLE FAM-RES

Rooms

Family Room Other

Interior

Cooling Other, Window / Wall Unit, 9

Fireplaces Type None

Laundry Gas Hookup, 9

Exterior

Pool None

View Hills, Local/Neighborhood, Other

Building

Lot Description Grade - Level

Story One Story

Others

Tax ID 5442012200

Special Listing Condition Not Applicable

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

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(831) 588-2374

shanne@shannecarvalho.com