San Diego, CA 92114
$850,000 sold price
Mark Quesada
Broker / Owner
DRE #02101365
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.
$765,000
Median sale price
21 days
Avg days on market
102.0% of list
Sells for
Closed sales in 92114 over the last 6 months, all home types.
Interior
Construction
Lot & parking
Utilities
Listed by Andrew Santiago, Real Broker
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.
