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.
Property Details
Price:
$949,900
MLS #:
PTP2602772
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
92114encanto
Listed Date:
Apr 16, 2026
Finished Sq Ft:
1,586
Lot Size:
8,276 sqft / 0.19 acres (approx)
Year Built:
1935
See this Listing
Schools
School District:
San Diego Unified
Interior
Bathrooms
3 Full Bathrooms
Cooling
SEE, WW, ZN
Laundry Features
ELC, GAS
Levels
A
Exterior
Common Walls
_1CW
Community Features
SDW, STM, SL, SUB, CRB, FHL, CW, PARK, BIKI, DGP
Parking Spots
2
Parking Total
2
View
HI, SEE, NE
Financial
Map
Community
- Address916 Madera ST San Diego CA
- CitySan Diego
- CountySan Diego
- Zip Code92114
Subdivisions in San Diego
- Bay Park
- BP
- Carmel Mountain Ranch
- Carmel Valley
- Casa Dorado 32501
- CAV
- CH
- Chula Vista
- City Heights
- Civita CIVI
- Clairemont
- CLM
- College Grove
- Crown Point
- Del Cerro
- Downtown
- Downtown Area DOWN
- DWTN
- East San Diego
- Encanto
- ENCTO
- Escala ESCL
- Hillcrest
- Imperial Beach
- Kearny Mesa
- Kensington
- La Jolla
- La Mesa
- Linda Vista
- Logan Heights
- LV
- Middletown
- Mira Mesa
- Mirador MIRD
- Mirasol MIR
- Mission Beach
- Mission Hills
- Mission Valley
- Mission Village
- Mount Helix
- Normal Heights
- North Park
- NP
- Ocean Beach
- Old Town
- Pacific Beach
- Paradise Hills
- Park Villas PKVL
- Park Vista PV
- Point Loma
- Poway
- Rancho Bernardo
- Rancho Pacifica 1 261701
- Rancho Penasquitos
- Rancho Santa Fe
- Sabre Spr
- San Carlos
- San Diego
- San Ysidro
- SANT
- Santaluz
- Scripps Ranch
- SD
- Serra Mesa
- Smoke Tree SMTR
- South Sd
- Stonebridge 3700
- Talmadge
- The Lakes LK
- Tierrasanta
- Torrey Highlands
- University City
- University Heights
- Villa Portofino 32283
- Woodcrest WT
Market Summary
Current real estate data for Single Family in San Diego as of Apr 21, 2026
2,342
Single Family Listed
69
Avg DOM
569
Avg $ / SqFt
$1,222,462
Avg List Price
Property Summary
- 916 Madera ST San Diego CA is a Single Family for sale in San Diego, CA, 92114. It is listed for $949,900 and features 3 beds, 3 baths, and has approximately 1,586 square feet of living space, and was originally constructed in 1935. The current price per square foot is $599. The average price per square foot for Single Family listings in San Diego is $569. The average listing price for Single Family in San Diego is $1,222,462.
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916 Madera ST
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