$1,495,000
$105K PRICE DROP

Estimated payment $9,366/month

Total Views 6,938
6 Beds
5 Baths
2,848 Sq Ft
$525 Price per Sq Ft

Highlights

  • Gourmet Kitchen
  • Open Floorplan
  • Modern Architecture
  • Two Primary Bedrooms
  • Living Room with Fireplace
  • Quartz Countertops

About This Home

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.

Listing Agent

Daniil Gorkov

Beverly and Company, Inc. License #02031570 Listed on: 10/29/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947 | Remodeled

Lot Details

  • 7,501 Sq Ft Lot
  • Fenced
  • Landscaped
  • Lawn
  • Property is zoned RM-1-1

Home Design

  • Modern Architecture
  • Turnkey
  • Shingle Roof

Interior Spaces

  • 2,848 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Skylights in Kitchen
  • Recessed Lighting
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Vinyl Plank Flooring

Kitchen

  • Gourmet Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Double Master Bedroom
  • Remodeled Bathroom
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Converted Garage
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 469-060-04-00

Home Details

Home Type

Single Family

Year Built

Built in 1947 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Modern
  • Levels: One
  • Street Number Display: Yes
  • Building Permit: Yes
  • Living Area: 2848
  • Lot Acreage: 0.1722
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1947
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Recessed Lighting, Open Floor Plan, Turnkey
  • Fireplace Rooms: Living Room
  • Flooring: Vinyl Plank
  • Appliances: Microwave, Oven, Oven-Gas, Oven-Electric, Cooktop - Gas, Cooktop - Electric
  • Bedrooms: 6
  • Bedroom Features: All Bedrooms Down
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Tile, Remodeled
  • Kitchen Features: Counter Top, Skylight(s), Quartz Counters, Remodeled, Gourmet Kitchen
  • Laundry: Inside, In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 5.00
  • Equipment: Dishwasher, Washer, Dryer, Range/Oven, Refrigerator, Garbage Disposal, Microwave
  • Price Per S Q F T: 524.93
  • Windows: Double Pane Windows

Exterior Features

  • Other Features: Two On A Lot
  • Other Structures: None
  • Construction: Frame and Stucco
  • Roof: Shingle

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 30.27
  • Assessed Improvement Value: 319000
  • Assessed Land Percent: 69.73
  • Assessed Land Value: 735000
  • Total Assessed Value: 1054000
  • Assessor Parcel Number: 469-060-04-00
  • Lot Description: Fenced, Landscaped, Lawn
  • Lot Size Area: 7501

Rental Info

  • Total Actual Rent: 3900.00

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.89
  • Number Of Units: 3
  • Type Of Units: SFH
  • Vacancy Allow Percent: 3.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2025 11/13/25 Price Changed $1,495,000 -6.6% $525 / Sq Ft
10/29/2025 10/29/25 For Sale $1,599,999 +51.8% $562 / Sq Ft
10/09/2024 10/09/24 Sold $1,054,000 +5.4% $429 / Sq Ft View Prior Sale
09/11/2024 09/11/24 Pending -- -- --
09/03/2024 09/03/24 For Sale $1,000,000 -- $407 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25610383

The MLS

APN: 469-060-04-00