916 Madera ST, San Diego, CA 92114

$850,000
: 3
BD
: 3
BA

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Listed by Andrew Santiago, 619-758-5707 from Real Broker
(If provided) CoList: from

Sold listing courtesy of Miles Palacios from

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Sold Price: $850,000
List Price: $900,000
Closing Date: Jun 24, 2026
MLS#: CRPTP2602772
Status: SOLD
Levels: One Story
Bedrooms: 3
Total Bathrooms: 3
Full Bathrooms: 3
Listing Area: 92114 - Encanto
Year Built: 1935

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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.

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Additional Information

Acres: 0.19
Bedroom Description: Primary Suite / Retreat
Cooling System: Other, Window / Wall Unit, 9
Family Room: Other
Fireplace Description: None
Laundry Facilities: Gas Hookup, 9
Levels: One Story
Lot Description: Grade - Level
Neighborhood: 92114 - Encanto
Other Rooms: Other
Pool Description: None
Unincorporated Yn: Yes
View: Hills, Neighborhood View, Other
Zoning: R-1:SINGLE FAM-RES

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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Fine Group Real Estate are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.