BEDS3
BATHS3 full
SQUARE FEET1,586
MLS#PTP2602772
STATUSPending
PROPERTY TYPEResidential - Single Family
SCHOOLSan Diego Unified
Listing Courtesy of:
Real Broker
Agency Phone: 855-450-0442
Associate Name: Andrew Santiago
Listing Shown by:
Sunshine Properties Real Estate
Agency Phone: 760-728-8855
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.
Property Features
Property Type: Residential - Single Family
Cooling: See Remarks, Wall/Window Unit(s), Zoned
Days on Market: 55
Lot Size: 0.19 Acres
Stories: 1.0
Year Built: 1935
Feature Descriptions
Community Features: Biking, Curbs, Dog Park, Foothills, Gutter(s), Park, Storm Drain(s), Street Lights, Suburban, Sidewalks
Fireplace: None
Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Lot: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Landscaped, Level, No Landscaping, Near Public Transit, Yard
Lot Dimensions: 118' x 161 x 113 x 17'
Parcel#: 5442012200
Sewer: Public Sewer
Special View Info: Hills, Neighborhood
Local Schools
School District: San Diego Unified
Listed By / Shown By
Listed By
Agency Name: Real Broker
Agent Name: Andrew Santiago
Agency Phone: 855-450-0442
Shown By
Agency Title: Sunshine Properties Real Estate
Agency Phone: 760-728-8855
Estimate Your Payment
Estimated Payment
$ 4,040.09 per month $3,777.59 Principal & Interest $0.00 Property Tax (data not provided by mls) $262.50 Homeowner's Insurance