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.
Sold for $850,000
Listed by: Real Broker • Andrew Santiago • Contact: 619-758-5707
Bought with: Ecco Realty
$850,000
916 Madera St, San Diego, CA 92114
3beds
1,586sqft
Single Family Residence
Built in 1935
8,276 Square Feet Lot
$850,100 Zestimate®
$536/sqft
$3,780 Estimated rent
Home value
$850,100
$791,000 - $918,000
$3,780/mo
Zestimate® history
Owner options
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$3,780/mo
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$3,780/mo
Rent Zestimate®
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$5,409/mo
Est. payment
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$5,409/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Andrew Santiago DRE #01975921 619-758-5707,
Real Broker
Bought with:
Miles Palacios, DRE #02107852
Ecco Realty
Source: CRMLS,MLS#: PTP2602772
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other
Cooling
- See Remarks, Wall/Window Unit(s), Zoned
Appliances
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 1,586 sqft
Property
Parking
- Total spaces: 2
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: South East
- Pool features: None
- Has view: Yes
- View description: Hills, Neighborhood
Lot
- Size: 8,276 Square Feet
- Dimensions: 118' x 161 x 113 x 17'
- Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Landscaped, Level, No Landscaping, Near Public Transit, Yard
Details
- Parcel number: 5442012200
- Zoning: R-1:SINGLE FAM-RES
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Condition
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Features: Biking, Curbs, Dog Park, Foothills, Gutter(s), Park, Storm Drain(s), Street Lights, Suburban, Sidewalks
Location
- Region: San Diego
Financial & listing details
- Price per square foot: $536/sqft
- Tax assessed value: $341,498
- Annual tax amount: $4,833
- Date on market: 4/16/2026
- Cumulative days on market: 39 days
- Listing terms: Cash,Conventional,1031 Exchange,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Sold | $850,000-5.6%$536/sqft |
Source:  CRMLS #PTP2602772 Report a problem | ||
| 6/1/2026 | Pending sale | $900,000$567/sqft |
Source: CRMLS #PTP2602772 Report a problem | ||
| 5/23/2026 | Listed for sale | $900,000+63.6%$567/sqft |
Source: CRMLS #PTP2602772 Report a problem | ||
| 7/14/2025 | Sold | $550,000+111.5%$347/sqft |
Source: CRMLS #PTP2505354 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 5/17/2014 | Listing removed | $850$1/sqft |
Source: Owner Report a problem | ||
| 5/10/2014 | Listed for rent | $850$1/sqft |
Source: Owner Report a problem | ||
| 4/25/2008 | Sold | $260,000-24.4%$164/sqft |
Source: Public Record Report a problem | ||
| 8/22/2007 | Sold | $343,917-19.1%$217/sqft |
Source: Public Record Report a problem | ||
| 9/28/2006 | Sold | $425,000-6.6%$268/sqft |
Source: Public Record Report a problem | ||
| 4/28/2006 | Sold | $455,000$287/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,833 +16.5% | $341,498 +2% |
| 2024 | $4,147 +2.3% | $334,802 +2% |
| 2023 | $4,055 +2.7% | $328,238 +2% |
| 2022 | $3,947 +0.7% | $321,802 +2% |
| 2021 | $3,920 +3.5% | $315,494 +1% |
| 2020 | $3,787 +2.8% | $312,260 +2% |
| 2019 | $3,685 +6% | $306,138 +2% |
| 2018 | $3,476 +5.5% | $300,136 +4.9% |
| 2017 | $3,295 +7.7% | $286,000 +7.9% |
| 2016 | $3,059 0% | $265,000 |
| 2015 | $3,060 +26.2% | $265,000 +26.2% |
| 2014 | $2,424 | $210,000 +7.7% |
| 2013 | -- | $195,000 |
| 2012 | -- | $195,000 |
| 2011 | -- | $195,000 |
| 2010 | -- | $195,000 -1.5% |
| 2009 | -- | $198,000 -39.1% |
| 2008 | -- | $325,000 -23.5% |
| 2007 | -- | $425,000 +288.9% |
| 2006 | -- | $109,275 +2% |
| 2005 | -- | $107,133 +2% |
| 2004 | -- | $105,033 +1.9% |
| 2003 | -- | $103,108 +2% |
| 2002 | -- | $101,087 +2% |
| 2001 | -- | $99,106 |
Find assessor info on the county website
Neighborhood: Encanto
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Nearby schools
GreatSchools rating
- 4/10Encanto Elementary SchoolGrades: K-5Distance: 0.2 mi
- 2/10Millennial Tech Middle SchoolGrades: 6-8Distance: 2 mi
- 4/10Lincoln High SchoolGrades: 9-12Distance: 2.2 mi
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Estimated market value
$850,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$850,100
- California
- San Diego County
- San Diego
- 92114
- Encanto
- 916 Madera St
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