Income-producing triplex in Mount Hope offers strong rental performance and flexible tenant arrangements ideal for investors seeking both immediate cash flow and long-term appreciation. Tis fully occupied property features a 3-bed/1-bath, a 2-bed/1-bath, and a fully permitted studio ADU. Current yielding a CAP rate of 5.6% based on the asking price with opportunity for growth. This solid return is further supported by the property’s central location, just minutes from freeways, downtown, and Balboa Park, adding tenant appeal and long-term growth potential. Off-street parking for six vehicles enhances resident convenience, while the lot’s R-2 zoning and configuration support varied use strategies. Whether you're a seasoned investor or an owner-occupant looking to offset living costs, it combines stability, upside, and location in one package. **Fully permitted ADU was built in 2024. All units have new water heaters.

Live, Earn, Invest — All in One Property! This exceptional triplex in San Diego’s Mount Hope neighborhood offers a rare opportunity to live in one unit while generating rental income from the others. The property includes three distinct units: a spacious 3-bedroom/1-bath, a comfortable 2-bedroom/1-bath, and a newly built studio ADU. All units are currently tenant-occupied under month-to-month leases, providing flexibility for owner-occupancy or investment transitions. The site features six uncovered off-street parking spaces, enhancing daily convenience for residents. Located within walking distance to shops and local markets, and just minutes from major freeways, Balboa Park, downtown San Diego, and employment centers, this property benefits from strong rental demand and long-term appreciation. Whether you’re a multi-generational buyer, aspiring landlord, or seeking to offset your mortgage with passive income, it presents a compelling mix of lifestyle and investment potential.

Imagine living in picturesque Julian surrounded by green trees and mountains while running your own bed & breakfast. This 3-unit complex is currently set up with a living area and 4 rentable cabins. Live in the main house and rent out the rest! Each of the four rustic cabins offer breathtaking year-round views. All cabins are fully furnished and operational, providing a tranquil retreat for guests surrounded by Julian’s natural beauty. Located just one mile from Main Street Julian, guests can easily explore the charming gold rush town’s boutiques, antique shops, and renowned restaurants. Each cabin comes with either a full kitchen, or fully equipped kitchenette, allowing for easy management without the need to serve breakfast. The main house boasts a full kitchen, spacious living room, and private balcony/patio with stunning views of the mountains. The main house has 2 upstairs bedrooms and one full bathroom, but you can easily annex one of the adjoining cabins to expand your living space. Currently, the property generates positive annual revenue with significant potential for increased cash flow, especially if all units are rented. The sale includes 5 adjacent parcels (six APNs total), providing ample space and future development opportunities. This is a great investment opportunity, ideal for those looking to run their own B&B and build a thriving business in a sought-after location. Cabin Details: Big Pine- 1 Bed/1 Bath, Little Pine- Studio, Pine House- Studio, Pine Suite: 1 Bed/1Bath, Main House: 2 Bed/1Bath