328 Milbrae Street, San Diego, CA 92113

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
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328 Milbrae Street,San Diego, CA 92113
$1,995,000
Virtual Tour
  • 2 Beds
  • 1 Baths
  • 5,882 sq. ft.
  • Multi-family
  • Active
Listed by:jordan a concepcion
Office:apartment realty group (arg)
MLS#:250036495
Source:SANDICOR

Price summary

  • Price:$1,995,000
  • Price per sq. ft.:$339.17

About this home

All 2BR/1BA units with a strong current cap rate of 6.42% 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.

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Home facts

  • Listing Id #:250036495
  • Added:1 day(s) ago
  • Updated:August 17, 2025 at 12:27 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Living area:5,882 sq. ft.

Structure and exterior

  • Roof:Composition
  • Building area:5,882 sq. ft.

Finances and disclosures

  • Price:$1,995,000
  • Price per sq. ft.:$339.17
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