7291 Gatewood Lane, San Diego, California 92114, San Diego, 92114 - 3 bed, 1 bath
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San Diego, California 92114
This Dual-Living Income Property represents a premier turnkey asset listed at $1,229,999, positioned relative to a $1,133,209 Fair Market Value. Featuring an Excellent Condition Rating, the property includes a remodeled main residence and a Brand-New 2024 ADU equipped with Paid-Off Solar Panels, Granite Countertops, and a private Patio. Located within the San Diego Unified School District near Bethune K-8, the dual-address setup with separate meters ensures maximum rental yield or multi-generational utility. This is an ideal acquisition for Owner-Occupants looking to house-hack or Buy-and-Hold Investors.
Property is new construction or fully renovated.
The property qualifies as excellent due to an extensive recent renovation of the main home and the addition of a brand-new ADU completed in 2024. The interiors feature modern luxury vinyl plank flooring, recessed lighting, and new split-system HVAC. The kitchens are updated with white shaker cabinetry, quartz/granite countertops, and new stainless steel appliances, while the bathrooms feature contemporary vanities and LED mirrors, showing no signs of deferred maintenance.
The property features a permitted, newly built 3-bedroom ADU with its own address, individual electric meter, and paid-off solar panels, providing exceptional rental income potential or multi-generational flexibility.
Both units are move-in ready with high-end finishes, including white shaker cabinetry, quartz and granite countertops, brand-new stainless steel appliances, and modern split-type HVAC systems.
Ideally situated just 15 minutes from Downtown San Diego, Naval Base San Diego, and the International Airport, making it a highly desirable location for commuters and long-term tenants.
The main three-bedroom residence is serviced by only one bathroom, which may be a significant drawback for families or buyers expecting a higher bed-to-bath ratio at this price point.
Listed at nearly $1.28M, the property is priced at the top of the Encanto market, which may limit the pool of qualified buyers and present challenges with comparable appraisal values.
PRICED TO SELL! 7291-7293 is back on the market at no fault of the property! Don’t miss this incredible opportunity to own a turn-key San Diego property with a permitted 3-bedroom, 2 bath ADU, offering exceptional flexibility and income potential. This unique property features two separate addresses and individual electric meters, making it perfect for rental income, multi-generational living, or live in one and rent the other. The main home has been beautifully remodeled with its own private backyard and completely separate from the ADU. Newly built in 2024, the ADU offers a fully independent living space with its own private entrance and fully fenced backyard. This spacious 3-bedroom, 2-bathroom ADU features a walk-in closet, full kitchen with durable granite countertops, brand-new full-size stackable washer and dryer, a separate split-type HVAC system, and paid-off solar panels. Take advantage of this rare opportunity to own a high-demand, income-producing asset in San Diego!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 1.0 mi
Grades 6-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 11% |
| Square foot | 1,472 | 1,400 | 56% |
| Lot Size | 6,900 | 6,200 | 59% |
| Price | $1.23M | $762.0K | 98% |
| Price per sq ft | $836 | $534 | 97% |
| Built year | 1960 | 1962 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 143 | 153 | 45% |
Apr 21, 2026
$1,229,999
$1,259,999
-2% Price Drop
Initial Listing
Mar 27, 2026
$1,259,999
$1,279,999
-2% Price Drop
Initial Listing
Dec 24, 2025
$1,279,999
$1,300,000
-2% Price Drop
Initial Listing
Nov 30, 2025
$1,300,000
Initial Listing
Dec 23, 2024
$750,000
Public Record
May 26, 2009
$130,000
Public Record