Millman Team Real Estate

$1,495,000
6 Bed
5 Bath
2,848 Sqft
0.17 Acre Lot

7127 Saranac Street, San Diego, California 92115

  • Residential Income Property Type
  • 2,848 Sqft Square Footage
  • Driveway Cars Garage
  • 1947 Year Built
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.

Basic Details
Residential Income
For Sale
25610383
$1,495,000
6
5
2,848 Sqft
1947
0.17 Acre
Active
: Shingle
Features
: Central
: Central Air
: Living Room
: Driveway, Garage, Door-Multi
: Modern
: Open Floorplan, Recessed Lighting
: Inside
: Double Pane Windows
$0
Appliances
: Dishwasher, Gas Oven, Gas Cooktop, Microwave, Dryer, Washer, Disposal, Refrigerator, Electric Oven, Electric Cooktop, Oven
Address Map
CA
San Diego
San Diego
92115
Saranac
7127
Street
Easy to find
92115 - San Diego
RM-1-1
Additional Information
$0
$0
$0
$0
$0
2848
: One
: Landscaped, Lawn
3
2025-10-29
1599999
1
1
https://homejab.vr-360-tour.com/e/wvUBmgGtB1E/e
Broker/Agent Information
Beverly and Company, Inc.
Daniil Gorkov
Listing Information
CLW-C144920
CLW-X82406
Active
2025-11-14T23:52:26Z
CRMLS
: Standard
2025-10-29T00:00:00Z
Agent info
Ray Millman
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