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$ 2,050,000
Est. payment /mo
New
328 Milbrae Street San Diego, CA 92113
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250034719SD
HOA Y/N No
Property Sub-Type Mixed Use
Property Description
PRICE REDUCED!!! All 2BR/1BA units with a strong current cap rate of 6.2% and upside to reach a 7% cap rate through rent increases. The full 2-bedroom unit mix is highly desirable for tenants and supports long-term stability and rental growth. Many units feature updated finishes including quartz countertops, laminate flooring, and newer cabinets, with room for further upgrades to maximize rents. Located in a low-vacancy area near major freeways, transit, employment centers, and just minutes from Downtown San Diego, the property offers solid cash flow with value-add potential.
Location
State CA
County San Diego
Area 92113 - Logan Heights
Interior
Fireplace No
Exterior
Roof Type Composition
Others
Tax ID 5462111800
Virtual Tour https://www.propertypanorama.com/instaview/snd/250032106
Listed by Jordan Concepcion Apartment Realty Group (ARG)