No photo
328 Milbrae St San Diego, CA $ 1,950,000
328 Milbrae St
$ 1,950,000
Share Save

328 Milbrae St

San Diego, CA, 92113
$ 1,950,000
Bedrooms-- Baths--

Monthly Estimate*

$ 12,165

Listed by Apartment Realty Group (ARG)
View a Virtual Tour

Commercial Property for sale in San Diego, CA

for $1,950,000.

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.

See more

Commercial Pending

Price

$ 1,950,000

Property Type

Commercial

Taxes

$ 0

Style

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

250037425SD

Days on Market

109

Features
General
Roof Composition
HOA Fee 0
Property Subtype Mixed Use
County San Diego
Operating Expense 53565
Property Type Commercial Sale
Status Pending
City San Diego
Number Of Units Total 8
MLS Area 92113 - Logan Heights
Virtual Tour https://www.propertypanorama.com/instaview/snd/250032106
Standard Status Pending
Property Sub Type Additional Mixed Use
Cap Rate 6.59
See more
Interior
Air Conditioning Y/N 1
Heating Y/N 0
Total Baths 0
See more
Exterior
Total Parking 0
Number of Buildings 1
See more
* Excluded Features
List By
Apartment Realty Group (Arg)

Broker

jordan.concepcion@arg1031.com

Email

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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,950,000 Listed Price

Map


See all

328 Milbrae St, San Diego, CA, 92113 is a Commercial Property for sale at $1,950,000. The property's zip code is 92113 which is in San Diego, CA