Greg Cummings San Diego Real Estate Agent - 858-206-9500
San Diego Condo ManiaMLS: PTP2602772 $949,900
3 Bedrooms with 3 Baths916 MADERA STREET
SAN DIEGO CA 92114MLS: PTP2602772
Status: ACTIVE
List Price: $949,900
Price per SQFT: $599
Square Footage: 15863 Bedrooms
3 Baths
Year Built: 1935
Zip Code: 92114
Listing Remarks
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.
Address: 916 MADERA STREET SAN DIEGO CA 92114
Listing Agent: ANDREW SANTIAGO of REAL BROKER 619-758-5707
Condo Mania Agent
Greg Cummings
Compass Real Estate
Team Lead CA DRE# 01464245
Phone: 858-206-9500
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: Standard BEDROOMS: 3 BATHROOMS FULL: 3 BATHROOMS HALF: 0 LIVING AREA SQ FT: 1586 BUILDING AREA TOTAL: 1586 YEAR BUILT: 1935 FIREPLACE: N/K COOLING: Other/Remarks, Wall/Window, Zoned Area(s) LAUNDRY FEATURES: Electric, Gas # GARAGE SPACES: 0 PROPERTY TYPE: Residential PROPERTY SUB TYPE: All Other Attached POOL FEATURES: N/K STORIES TOTAL: 1 VIEW: Mountains/Hills, Other/Remarks, Neighborhood LISTING AGENT: ANDREW SANTIAGO LISTING OFFICE: REAL BROKER LISTING CONTACT: 619-758-5707
Estimated Monthly Payments
List Price: $949,900 20% Down Payment: $189,980 Loan Amount: $759,920 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $4,803 Estimate does not include taxes, fees, insurance.
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Property Location: 916 MADERA STREET SAN DIEGO CA 92114
This Listing
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Condo Mania Agent
Greg Cummings
Compass Real Estate
Team Lead CA DRE# 01464245
Phone: 858-206-9500
The Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability.
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Last Updated: 2026-04-16