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$1,599,999

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6 Beds

5 Baths

2,848 SqFt

Open Sat 1PM-4:30PM

7127 Saranac ST San Diego, CA 92115

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Dave Dennis

dave@davedennisrealestate.com +1(619) 987-9484

Open House

Sat Nov 08, 1:00pm - 4:30pm

Sun Nov 09, 1:00pm - 4:30pm

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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

Construction Status Updated/Remodeled

HOA Y/N No

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

Interior Features Open Floorplan, Recessed Lighting

Heating Central

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Oven, Refrigerator, Dryer, Washer

Laundry Inside

Exterior

Parking Features Door-Multi, Driveway, Garage

Total Parking Spaces 2

Building

Lot Description Lawn, Landscaped

Story 1

Entry Level One

Architectural Style Modern

Level or Stories One

Additional Building Guest House

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 4690600400

Special Listing Condition Standard

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Listed by Daniil Gorkov Beverly and Company, Inc.

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Dave Dennis

Agent | License ID: 01343870

+1(619) 987-9484

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Homes For Sale in San Diego, CA

7127 Saranac ST San Diego, CA 92115

Dave Dennis

Open House

Key Details

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Rooms

Interior

Exterior

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Others

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7127 Saranac ST