7127 Saranac ST Open House Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92115
OPEN HOUSE
Sat Nov 08, 1:00pm - 4:30pm Sun Nov 09, 1:00pm - 4:30pm
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,848 sqft
Price per Sqft $561
MLS Listing ID 25610383
Bedrooms 6
Year Built 1947
Lot Size 7,501 Sqft
Property Description
Welcome to 7127-7129 Saranac Street, an exceptional turnkey investment opportunity in the heart of San Diego. This rare offering includes two fully detached single-family homes plus a newly added ADU, each with private entrances, updated systems, and contemporary finishes. Perfect for owner-occupants, multi-generational living, or savvy investors seeking strong rental income. The front residence (7127) is a light-filled 3-bedroom, 2-bath home featuring a spacious layout, dedicated dining area, and an attached garage. Enjoy upgraded LVP flooring, quartz countertops, recessed lighting, new roof, copper plumbing, sewer line, and a tankless water heater. The home is currently leased at $3,900/month. The middle home (7129) offers 2 bedrooms and 2 bathrooms with an open-concept kitchen and living area, en-suite master, and stylish finishes throughout. Attached to this structure is a permitted 1-bedroom, 1-bath ADU, complete with its own kitchen, entrance, and laundryideal for guest quarters, extended family, or high-demand rental use. All units were completely renovated in 2024-2025, including new electrical systems, plumbing, roofs, interior upgrades, and laundry in each unit. Skylights in select spaces fill the interiors with natural light, while modern baths feature designer tile and sleek floating vanities. Conveniently located just minutes from SDSU, shopping, dining, and major freeways, this income-generating triplex delivers over $9,600/month in projected gross rent and a 5.01% Cap Rate at full occupancy. Whether you're looking to live in one unit and rent the rest, house extended family, or add a lucrative multi-unit to your portfolio 7127-7129 Saranac Street offers unmatched flexibility and lasting value.
Location
State CA
County San Diego
Area 92115 - San Diego
Zoning RM-1-1
Rooms
Other Rooms Guest House
Interior
Heating Central
Laundry Inside
Exterior
Parking Features Door-Multi,Driveway,Garage
Building
Lot Description Lawn,Landscaped
Story 1
New Construction No
Others
Special Listing Condition Standard
Virtual Tour https://homejab.vr-360-tour.com/e/wvUBmgGtB1E/e