Listing Agent: Julie Degenfelder      Broker/Office: Sage Real Estate Co
17009 Iron Springs Rd Julian CA 92036
$ 749,000
  5   |    4   |    2725 Sq Feet

Listing ID

#260019283SD

Status

Active

Property Type

Single Family Residence

County

San Diego

Neighborhood

Julian

Year Built

1999

Lot Size

2

Days on website

2

Description
Rare income producing opportunity in San Diego County! Make this your primary residence with multiple rental possibilities. This 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 acres of gently sloping and highly usable land 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, a 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.
Location
Financial Information
List Price:  $ 749000
Property Features
Appliances:  Disposal, Microwave, Refrigerator
Flooring:  Carpet, Laminate, Tile
Heating:  Combination, Propane, Wood
Laundry Features:  Inside
Levels:  Two
Parking Features:  Concrete, Driveway, Garage, Gravel
Patio And Porch Features:  Brick, Deck, Open, Patio
Roof:  Composition
Senior Community YN:  false
Utilities:  Propane
Water Source:  Private
MLS Area Major:  92036 - Julian
City:  Julian
Senior Community YN:  false
Listed By:   Julie Degenfelder   Sage Real Estate Co 
Co-listed by
Richard Loomis  
CA Lic#