7127 Saranac Street
San Diego, CA, 92115 $ 1,495,000
Baths0.0 Sq 2,848 Monthly Estimate*
$ 9,327
Studio for $1,495,000. This 2,848 square foot home was built in 1947 on a lot size of 0.17.
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.
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FeaturesGeneralLiving Area 2848.0
Heating Central
Cooling Central Air
Roof Shingle
Zoning RM-1-1
Architectural Style Modern
Year Built 1947
Levels One
County San Diego
Net Operating Income 78220.8
New Construction No
Property Type C
HOA No
Status Active
City San Diego
Senior Community Y/N No
MLS Area 92115 - San Diego
Lot Size Units Square Feet
Lot Size Square Feet 7501.0
Property Attached Y/N No
Property Condition Updated/Remodeled
Virtual Tour https://homejab.vr-360-tour.com/e/wvUBmgGtB1E/e
Standard Status Active
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InteriorInterior Amenities Open Floorplan Recessed Lighting
Kitchen Appliances Dishwasher Electric Oven Disposal Gas Oven Gas Cooktop Microwave Oven Electric Cooktop Refrigerator
Fireplace Features Living Room
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N Yes
Heating Y/N Yes
Window Features Double Pane Windows
Fireplace Y/N Yes
Laundry Features Inside Washer Included Dryer Included
Total Baths 0
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ExteriorParking Features Garage - Three Door Driveway
Lot Features Lawn Landscaped
Lot Size Area 7501.0
Pool Y/N? Yes
Building Area Total 2848.0
Lot Size Acres 0.17
Land Lease Type Fee
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* Excluded FeaturesList ByDaniil GorkovListing Agent
Beverly And Company, Inc.Broker
Affordability Calculator
- Monthly Principal & Interest
- $9,327
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in San Diego, CA
Average List Price $2,244,786
Percent of Sale Price 50%
About San Diego, CA 1,417,428 Population
15% Since 2002
$ 72,408 Median Income
36.37 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/14/2025 | $1,495,000 | -6.56% | Price Down |
| 10/29/2025 | $1,599,999 | | Listed Price |