916 Madera Street, San Diego, CA 92114

• 3 beds |
• 3 baths |
• 1,586 sqft

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.

Listing Status:

Active

Date Added:

April 16, 2026

Data Last Updated:

April 17, 2026 at 4:16AM

Listing Office:

Real Broker : 855-450-0442

Listing Agent:

Andrew Santiago : 619-758-5707

MLS ID:

PTP2602772

Interior

• Laundry: Electric Dryer HookupGas Dryer Hookup
• A/C: See RemarksWall/Window Unit(s)Zoned
• Heating: None
• Fireplace: None

Exterior

• Pool: None
• Parking: Parking spaces: 2

Construction

• General: 1

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_CRP
• School District: San Diego Unified
• County: San Diego

Lot

• Zoning: R-1:SINGLE FAM-RES5442012200
• View: HillsNeighborhoodView

Utilities

• Sewer: Public Sewer

Financial

• Source: CRMLS_CRP