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  • 916 Madera Street

916 Madera Street, San Diego, CA 92114

$900,000 Approx. USD 3 beds, 3 baths
1,586 sqft

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Photo of Scott Waid

Scott Waid REALTOR® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Text Me
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Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
Phone: 858-487-3520
Fax: 858-451-0932
 Rancho Bernardo 16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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Fax: 858-451-0932
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Listing Agent


Andrew Santiago | santiago.sells.realestate@gmail.com
Lic#: 01975921
Broker: Courtesy of Real Broker
Phone: 619-758-5707

Agent 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.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Pending
MLS# PTP2602772
Price: $900,000
HOA Fee is $0.00
Beds: 3
Baths: 3 (3 full)
None fireplaces
Built in 1935
1,586 sqft
1 story
0.19 acres
Lot size: 0.1900
County: San Diego
Zoning: R-1:SINGLE FAM-RES
Lot description: ZeroToOneUnitAcre,Back Yard,Corner Lot,Front Yard,Landscaped,Level,No Landscaping,Near Public Transit,Yard
Heating/cooling: See Remarks,Wall/Window Unit(s),Zoned
MLS area: 92114 - Encanto

Last Updated: 6/1/2026

 Days On Market (DOM): 39

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This listing belongs to the 92114 - Encanto MLS area

Lat/Long: 32.714869, -117.054529.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Scott Waid

Scott Waid REALTOR® - Sales Associate 858-945-4004 m
858-683-8071 o
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com Text Me
Call My Cell
Call My Office
Lic#: 01338684
NRDS ID: 196519114
Swaid3@san.rr.com
Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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