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916 Madera Street

San Diego CA 92114

3
3
2
1586 sq. ft.
8276.4 sq. ft.
Single-Family
Currently for sale - view listing

Overview

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.

Features

3 bedrooms
3 bathrooms
2 carspaces
2 open car spaces
1586 sq. ft. floor area
8276.4 sq. ft. lot size
Single-Family

Property history for 916 Madera Street

2025
Sold
$550,000
14 Jul 2025 by Annie Nguyen, of Innovate Realty

Happy sellers in San Diego

95%
95% of sellers in San Diego reported that their sale price either exceeded or met their price expectations.

San Diego stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in San Diego over the last 12 months.

Local market activity for 3 bedroom single-family properties in San Diego

In the last 12 months, 131 three-bedroom single-family properties similar to 916 Madera Street, have been sold.

This represents a 23% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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