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.
For sale
Price cut: $105K (11/13)
$1,495,000
7127 Saranac St, San Diego, CA 92115
6beds
5baths
2,848sqft
Est.:
Multi Family
Built in 1947
-- sqft lot
$-- Zestimate®
$525/sqft
$-- HOA
What's special
New roofContemporary finishesEn-suite masterSpacious layoutUpdated systemsAttached garageQuartz countertops
- 47 days |
- 1,501 |
- 86 |
Zillow last checked: 8 hours ago
Listing updated: November 27, 2025 at 04:36pm
Listed by:
Daniil Gorkov DRE # 02031570 408-444-1093,
Beverly and Company, Inc. 818-382-4160
Source: CLAW,MLS#: 25610383
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Rooms
- Room types: Dining Area, Living Room, Converted Garage
Bedroom
- Level: Lower
Bathroom
- Features: Tile, Remodeled
Kitchen
- Features: Counter Top, Skylight(s), Remodeled, Gourmet Kitchen
Heating
- Central
Cooling
- Air Conditioning, Central Air
Appliances
- Included: Microwave, Oven, Gas Oven, Electric Oven, Gas Cooktop, Electric Cooktop, Dishwasher, Washer, Dryer, Range/Oven, Refrigerator, Disposal, Tankless Water Heater
- Laundry: Inside, In Unit
Features
- Recessed Lighting, Open Floorplan, Turnkey
- Flooring: Vinyl Plank
- Windows: Double Pane Windows
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 2,848
- Total interior livable area: 2,848 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage - 2 Car
- Has garage: Yes
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Fencing: Fenced
Lot
- Size: 7,501.03 Square Feet
- Features: Landscaped, Lawn
Details
- Additional structures: None
- Parcel number: 4690600400
- Zoning: RM-1-1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Modern
- Property subtype: Multi Family
Materials
- Roof: Shingle
Condition
- Updated/Remodeled
- Year built: 1947
Utilities & green energy
- Water: Public
Community & HOA
Location
- Region: San Diego
Financial & listing details
- Price per square foot: $525/sqft
- Tax assessed value: $1,054,000
- Annual tax amount: $13,748
- Date on market: 10/29/2025
- Total actual rent: 3900
Estimated market value
Not available
Estimated sales range
Not available
$3,877/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2025 | Price change | $1,495,000-6.6%$525/sqft |
Source: | ||
| 10/29/2025 | Listed for sale | $1,599,999+51.8%$562/sqft |
Source: | ||
| 8/5/2025 | Listing removed | $3,990$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/29/2025 | Price change | $3,990-2.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/11/2025 | Listed for rent | $4,100$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,748 +310.5% | $1,054,000 +290.7% |
| 2024 | $3,349 +2.3% | $269,794 +2% |
| 2023 | $3,275 +2.7% | $264,505 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$9,174/mo
Principal & interest
$7193
Property taxes
$1458
Home insurance
$523
Climate risks
Neighborhood: College East
Nearby schools
GreatSchools rating
- 6/10Clay Elementary SchoolGrades: K-5Distance: 1 mi
- 3/10Mann Middle SchoolGrades: 6-8Distance: 2.2 mi
- 4/10Crawford High SchoolGrades: 9-12Distance: 2.3 mi
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