328 Milbrae Street

San Diego , CA 92113

MLS#: 250032106SD

$2,100,000

Status: Active
Listing number: 250032106SD
Listing provided by: Apartment Realty Group (ARG)
Listing agent phone: None
Last update: 2 days ago
On site: 25 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

None

Sq.Footage

N/A

All 2BR/1BA units with a strong current cap rate of 6.04% 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. Most 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.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    N/A

  • Heating YN

    NO

  • Heating

    None

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $2,100,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

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Location

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San Diego

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Listing Courtesy of Jordan Concepcion , Apartment Realty Group (ARG)

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All 2BR/1BA units with a strong current cap rate of 6.04% 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. Most 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.

328 Milbrae Street

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