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$1,950,000

328 Milbrae St
San Diego, California 92113

Pending / MLS #250037425SD / Commercial / Mixed Use / San Diego
Listing information updated 9/15/2025 at 2:22pm
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.
Roof:
Composition
Tax Amount:
N/A
Tax Year:
N/A
Zip Code:
92113
City:
San Diego
County:
San Diego

Listing Office: Apartment Realty Group (ARG)

Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy.

$1,138,782
Average Sale Price
38
Average Days On The Market
98%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 328 Milbrae St, San Diego, CA 92113

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328 Milbrae St, San Diego, CA 92113 is a commercial / mixed use which sold for $1,950,000. This commercial / mixed use has been listed on Christie's International Real Estate Sereno since August 28th, 2025.