Property Detail

328 Milbrae Street

San Diego CA 92113

$2,100,000

Status: Active

Property Details

Description

SUBJECT TO CANCELLATION. GO SHOW. All 2BR/1BA units with a strong current cap rate of 5.75% 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.

Map Location

Listing provided courtesy of Jordan Concepcion of Apartment Realty Group (ARG). Last updated 2025-07-04 08:42:00.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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