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7127 Saranac StreetSan Diego, CA 92115

For Sale

$1,495,000

Smart Buyer Rebate $14,950

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.

Listed by Daniil Gorkov

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License #02031570

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Beverly and Company, Inc.

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408-444-1093

Last updated November 14, 2025

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Source: CRMLS #25610383

Listing Facts

  • TypeMulti-family
  • NeighborhoodCollege East
  • Bedrooms6
  • Days on Prevu21
  • Size2,848 sqft
  • Price per sqft$525

Amenities

  • Dishwasher
  • Washer/Dryer
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

12/08/2025
Price Increased
$1,599,999
11/14/2025
Price Decreased
$1,495,000
10/29/2025
Listed by Beverly and Company, Inc.
$1,599,999

Property Details for 7127 Saranac Street

Exterior

Construction

  • Number Of Units Total: 3
  • Property Condition: Updated/Remodeled
  • Roof: Shingle
  • Stories: 1
  • Stories Total: 1
  • Window Features: Double Pane Windows
  • Year Built: 1947
  • Architectural Style: Modern
  • Common Walls: No Common Walls

Measurements

  • Building Area Total: 2,848
  • Lot Features: Lawn, Landscaped
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,501
  • Lot Size Square Feet: 7,501
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.23
  • Gross Income: $9,600.00

Taxes

  • Parcel Number: 4690600400

Interior

Features

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Gas Cooktop, Disposal, Gas Oven, Microwave, Oven, Refrigerator, Dryer, Washer
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Interior Features: Open Floorplan, Recessed Lighting

Measurements

  • Living Area: 2,848
  • Living Area Source: Plans

Rooms

  • Bathrooms Total Integer: 5
  • Bedrooms Total: 6

Parking

Parking

  • Parking Features: Door-Multi, Driveway, Garage
  • Parking Total: 2

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Inside

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.