328 Milbrae St, San Diego, CA 92113

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
328 Milbrae St,San Diego, CA 92113
$1,860,000
  • 2 Beds
  • 1 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: jordan a concepcion
Office: apartment realty group (arg)
MLS#:250037425
Source:San Diego MLS via CRMLS

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Price summary

  • Price:$1,860,000

About this home

Highest Current Cap Rate in all of San Diego County with upside! All 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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Home facts

  • Listing ID #:250037425
  • Added:180 day(s) ago
  • Updated:February 24, 2026 at 05:35 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1

Structure and exterior

  • Roof:Composition

Finances and disclosures

  • Price:$1,860,000
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