7127 Saranac St

San Diego, CA 92115
  • $1,495,000

    Price
  • 6

    Bed
  • 5

    Bath
  • 2,848

    SqFt

About the Listing CLW-X82406 - CLW-C144920

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 Highlights

Status Active
Days on Site 51
Property Type Multi-Family
MLS ® 25610383
Year Built 1947
Total Square Footage 2,848
Lot/Acreage 0.17

Interior Details

  • Bedrooms: 6
  • Bathrooms: 5 Full
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Gas Cooktop, Disposal, Gas Oven, Microwave, Oven, Refrigerator, Dryer, Washer
  • Air Cond: Central Air
  • Heating: Central
  • Fireplaces: Living Room
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Open Floorplan,Recessed Lighting
  • Water:

Exterior Details

  • Lot Description: Lawn,Landscaped,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 2
  • Zoning: RM-1-1
  • Roof: Shingle
  • Others: Updated/Remodeled,2+ Total Units
  • Sewer:
  • Parking Features: Door-Multi,Driveway,Garage

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 4690600400
  • Tax Year: N/A

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7127 Saranac St San Diego, CA 92115

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Originating MLS: CRMLS

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