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  4. 328 Milbrae Street, San Diego, CA 92113
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328 Milbrae Street
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  • MLS#: 250037505SD ( )
  • Street Address: 328 Milbrae Street
  • Viewed: 2
  • Price: $1,950,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1959
  • Bldg sqft: 0
  • Days On Market: 39
  • Additional Information
  • County: SAN DIEGO
  • City: San Diego
  • Zipcode: 92113
  • Subdivision: San Diego
  • Provided by: Apartment Realty Group (ARG)
  • Contact: Jordan Jordan
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Highest Current Cap Rate in all of San Diego County with upside! 8 2BR/1BA units with a strong current cap rate of 6.59% and upside to reach a 8%+ cap rate through rent increases and minor improvements. The full 2 bedroom unit mix is highly desirable for tenants and supports long term stability and rental growth. Select units feature updated finishes including quartz countertops, laminate flooring, and newer cabinets, with room for further upgrades to maximize rents. In addition the unit layouts can fit washer and dryer to further push rents for a new investor. 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.
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Features
Association Fee
  1. 0.00
Cooling
  1. None
Country
  1. US
Fencing
  1. Partial
Levels
  1. Two
Netoperatingincome
  1. 128595.00
Parcel Number
  1. 5462111800
Park Name
  1. Mountain View
Roof
  1. Composition
Sourcesystemkey
  1. 250037505:SDP
Subdivision Name Other
  1. San Diego
Tenant Pays
  1. Electricity
  2. Gas
Year Built
  1. 1959
Equal Housing Opportunity

Based on information from California Regional Multiple Listing Service, Inc. as of Oct 06, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Display of MLS data is usually deemed reliable but is NOT guaranteed accurate.
Datafeed Last updated on October 6, 2025 @ 12:00 am
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