Income-producing triplex in Mount Hope offers strong rental performance and flexible tenant arrangements ideal for investors seeking both immediate cash flow and long-term appreciation. Tis fully occupied property features a 3-bed/1-bath, a 2-bed/1-bath, and a fully permitted studio ADU. Current yielding a CAP rate of 5.6% based on the asking price with opportunity for growth. This solid return is further supported by the property’s central location, just minutes from freeways, downtown, and Balboa Park, adding tenant appeal and long-term growth potential. Off-street parking for six vehicles enhances resident convenience, while the lot’s R-2 zoning and configuration support varied use strategies. Whether you’re a seasoned investor or an owner-occupant looking to offset living costs, it combines stability, upside, and location in one package. **Fully permitted ADU was built in 2024. All units have new water heaters.
Property Details
Price:
$1,095,000
MLS #:
NDP2507400
Status:
A
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Neighborhood:
92102
Listed Date:
Jul 28, 2025
Total Sq Ft:
2,006
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1946
See this Listing
Schools
Interior
Appliances
RF, GR, EO, HOD, WHU
Laundry Features
SEE
Exterior
Community Features
SDW, STM
Parking Spots
6
Financial
Map
Community
- Address43 Morrison ST Lot 546-072-07-00 San Diego CA
- CitySan Diego
- CountySD
- Zip Code92102
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- Bay Park
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Market Summary
Current real estate data for Single Family in San Diego as of Oct 30, 2025
2,391
Single Family Listed
79
Avg DOM
587
Avg $ / SqFt
$1,036,103
Avg List Price
Property Summary
- 43 Morrison ST Lot 546-072-07-00 San Diego CA is a Single Family for sale in San Diego, CA, 92102. It is listed for $1,095,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1946. The average price per square foot for Single Family listings in San Diego is $587. The average listing price for Single Family in San Diego is $1,036,103.
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43 Morrison ST Lot 546-072-07-00
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