328 Milbrae St San Diego, CA $ 1,950,000
328 Milbrae St
$ 1,950,000
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328 Milbrae St

San Diego, CA, 92113
$ 1,950,000
Bedrooms2 Baths1.0 Sq 5,882

Monthly Estimate*

$ 12,165

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Multi-Family Home for sale in San Diego, CA

for $1,950,000 with 2 bedrooms and 1 full bath. This home is 5,882 square feet.

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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Multi-Family Pending

Price

$ 1,950,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Com-Res Income

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

250037425

Features
General
Roof Composition
Year Built 0
Stories Count 2
Property Subtype Com-Res Income
County San Diego
Operating Expense 53565.0
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Status PENDING
City San Diego
Senior Community Y/N N
Number Of Units Total 8
MLS Area Metro Central
Lot Size Units Acres
Property Attached Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/snd/250032106
Building Area Units Sqft
Living Area Units Sqft
Standard Status Pending
Cap Rate 6.59
Freehold IDX
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Exterior
Lot Size Area 0.0
Number of Buildings 1
Building Area Total 5882.0
Waterfront Y/N N
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Interior
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
Total Bedrooms 2
Total Baths 1
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* Excluded Features
List By
Jordan A Concepcion

Listing Agent

Apartment Realty Group (Arg)

Broker

(858) 461-9910

Phone

Affordability Calculator

$12,165
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,165
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
281193 Elementary School
281006 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/28/2025$1,950,000 Listed Price

Map


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328 Milbrae St, San Diego, CA, 92113 is a Multi-Family Home for sale at $1,950,000 with 5,882 sqft. 328 Milbrae St has 2 bedrooms and 1.0 baths. The property's zip code is 92113 which is in San Diego, CA