Greg Cummings San Diego Real Estate Agent - 858-206-9500
San Diego Condo ManiaMLS: PTP2602772 $949,900 3 Beds /3 Baths
MLS #: PTP2602772 Status: ACTIVE List Price: $949,900 Price SQFT: $599 City: SAN DIEGO
Beds: 3 Baths: 3 SqFt: 1586 Year: 1935 Zip: 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
Listing Photos
The Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability.
“This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non- commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS.”
Last Updated: 2026-04-16