List Price: $1.2M

Listing Status: Active

Days on Market: 1

0 Bedrooms · 0 Bathrooms

Property Type: ResidentialIncome

Year Built: 1952

MLS Number: 260011756SD

About This Property

A fully renovated triplex delivering strong, consistent cash flow in one of San Diego’s most reliable and in-demand rental markets. Every inch of this property was strategically redesigned in 2024 for maximum rental performance, long-term durability, and true low-maintenance ownership. All three units—including the fully permitted ADU—have been thoughtfully upgraded with modern finishes, efficient systems, and layouts built to attract high-quality tenants willing to pay premium rents. This is not your typical multifamily property. Each residence was intentionally designed to live more like a standalone home than an apartment—creating a tenant experience that drives stronger retention and reduces turnover costs. Every unit features its own A/C system, in-unit laundry, and private fenced yard space, giving renters the privacy and functionality today’s market demands. The result is a property engineered for long-term stability and minimal operational headaches. From an ownership standpoint, the numbers work. Tenants pay all water, utilities, and trash, dramatically reducing monthly operating expenses and creating an unusually efficient expense ratio for a triplex asset in San Diego. The current setup allows for streamlined management with minimal day-to-day involvement, making it an ideal fit for both seasoned investors and buyers looking to scale into multifamily ownership without inheriting deferred maintenance or management issues. Located just minutes from the 8, 125, and 15 freeways, the property sits in a highly accessible pocket of San Diego that consistently pulls from a deep and diverse tenant base across the county. Easy commuter access, strong surrounding employment centers, and continued rental demand help keep vacancy risk low and lease-up timelines short. This is the kind of asset investors spend years trying to find: fully renovated, low expense, low-touch, and already producing proven income. Three permitted units. Strong in-place rents. Modern systems. Minimal maintenance. Built for cash flow today and positioned for long-term appreciation tomorrow.