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7127 Saranac ST San Diego, CA 92115
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Key Details
Sold Price $1,432,500
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 2,848 sqft
Price per Sqft $502
MLS Listing ID 25610383
Bedrooms 6
Year Built 1947
Lot Size 7,501 Sqft
Property Description
Welcome to 7127, 7129, 7131 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 5.23% 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
Interior
Heating Central
Cooling Central Air
Fireplaces Type Living Room
Laundry Inside
Exterior
Parking Features Door-Multi, Driveway, Garage
Roof Type Shingle
Building
Lot Description Lawn, Landscaped
Story 1
New Construction No
Others
Special Listing Condition Standard
Read Less
Bought with Joseph Silva CCG RE Investment Services Inc
NEARBY SCHOOLS & BUSINESSES
- 10
Marvin Elementary School
Public | KG - 5
- 10
Hearst Elementary School
Public | KG - 5
- 10
College Preparatory Middle School
Public | 5 - 8
- 9
Hardy Elementary School
Public | KG - 5
- 9
Green Elementary School
Public | KG - 5
- 9
Benchley/Weinberger Elementary School
Public | KG - 5
- 8
Rolando Park Elementary School
Public | PK - 5
- 8
Dailard Elementary School
Public | KG - 5
- 8
La Mesa Arts Academy
Public | 4 - 8
- 7
Oak Park Elementary School
Public | KG - 5
- 7
Lemon Grove Academy Elementary School
Public | PK - 6
- 7
Murray Manor Elementary School
Public | KG - 6
- 6
Marshall Elementary School
Public | PK - 5
- 6
Language Academy
Public | KG - 8
- 6
Clay Elementary School
Public | KG - 5
- 6
La Mesa Dale Elementary School
Public | PK - 6
- 6
Gage Elementary School
Public | KG - 5
- 6
Lemon Avenue Elementary School
Public | KG - 6
- 5
Foster Elementary School
Public | KG - 5
- 5
Carver Elementary School
Public | KG - 5
- 8
Lewis Middle School
Public | 6 - 8
- 8
Magnolia Science Academy San Diego
Public | 6 - 8
- 7
Pershing Middle School
Public | 6 - 8
- 7
Parkway Middle School
Public | 7 - 8
- 3
Mann Middle School
Public | 6 - 8
- 0
City Heights Preparatory Charter
Public | 6 - 12
- 0
Nativity Preparatory Academy
Private | 6 - 8
- 0
Lemon Grove Academy Middle School
Public | 7 - 8
- 0
Palm Middle School
Public | 7 - 8
- 0
Quest Academy
Public | 6 - 8
- 9
Henry High School
Public | 9 - 12
- 9
Helix High School
Public | 9 - 12
- 4
Crawford High School
Public | 9 - 12
- 0
Fred Finch Youth Center
Private | 9 - 12
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