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About the Listing SAND-5189 - SAND-683863,SAND-697329
Exceptional income-producing opportunity in San Diego County! With multiple rental possibilities and flexible living arrangements, this rare multi-unit property offers the potential for a buyer using conventional financing to offset a substantial portion of their monthly mortgage payment through rental income while enjoying ownership in one of Southern California’s most desirable mountain communities! 2.5 scenic, gently sloping, and highly usable acres in Harrison Park just minutes from the historic townsite, this multi-family zoned property blends investment potential with peaceful mountain living. The main upper residence features 3 bedrooms and 2 bathrooms with a bright open-concept layout, spacious kitchen with island, large bedrooms, and a primary suite complete with a walk-in closet and relaxing jetted tub. The lower level offers a separate-entry 1 bedroom, 1 bathroom unit, plus a third unit, 625 sq. ft. 1 bedroom, 1 bathroom apartment situated above the oversized detached 2-car garage—ideal for long-term tenants, short-term rental opportunities, guests, or multi-generational living. Designed with flexibility and functionality in mind, the property includes two electric meters, two propane accounts, private well plus shared well access, and an EV charging station in the garage. Surrounded by peaceful mountain scenery and abundant usable land, this is a rare chance to live, invest, and generate income in a truly special San Diego County setting. Property currently generates immediate rental income of $1,800/month from an existing tenant, with the potential for an additional estimated $3,000–$3,500+ per month through rental of the remaining two units, based on average rental rates in the Julian area. At the current list price, a buyer utilizing conventional financing may have the opportunity to substantially offset monthly mortgage expenses through rental income, potentially covering much or all of the mortgage payment along with a portion of property taxes and insurance. Buyer to independently verify rental income potential and financing terms.
Listing Highlights
Status
Active
Days on Site
131
Property Type
Residential
MLS ®
2600617SD
Year Built
1999
Total Square Footage
2,725
Lot/Acreage
2.5
Interior Details
- Bedrooms: 5
- Bathrooms: 4 Full
- Appliances: Dishwasher, Disposal, Microwave, Propane Cooktop, Propane Oven, Propane Water Heater, Refrigerator, Range Hood
- Air Cond:
- Heating: Combination,Forced Air,Propane,Wood
- Fireplaces: Free Standing,Living Room,Wood Burning
- Floor: Carpet,Laminate,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Private,See Remarks
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 8
- Zoning: Multi Fam
- Roof: Composition
- Others: Wood Siding
- Sewer:
- Parking Features: Concrete,Direct Access,Driveway,Garage,Gravel,Garage Faces Side
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 2930301000
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
17009 Iron Springs Rd Julian, CA 92036
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