San Diego, CA 92113 328 Milbrae Street

328 Milbrae Street San Diego, CA - Image 1328 Milbrae Street San Diego, CA - Image 2328 Milbrae Street San Diego, CA - Image 3
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328 Milbrae Street San Diego, CA - Image 4328 Milbrae Street San Diego, CA - Image 5328 Milbrae Street San Diego, CA - Image 6328 Milbrae Street San Diego, CA - Image 7328 Milbrae Street San Diego, CA - Image 8
Presented By: Apartment Realty Group (ARG);
  • San Diego Regional MLS (SDMLS) - 32 - CA
  • MLS# 250032106
  • 06/30/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 2
  • Baths • 1
  • SQFT • 5,882

Home Details

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.
Presented By: Apartment Realty Group (ARG);

Interior Features for 328 Milbrae Street

Bedrooms

Total Bedrooms2

Bathrooms

Half Baths0
Total Baths1

Other Interior Features

Air Conditioning Y/NNo
Basement[]
Common Walls[]
Fireplace Features[]
Fireplace Y/NNo
Flooring[]
Heating Y/NNo
Interior Amenities[]
Laundry Features[]
Window Features[]

Other Rooms

Room Type[]

General for 328 Milbrae Street

Accessibility[]
Appliances[]
Architectural Style[]
Association Amenities[]
Association Fee Includes[]
Attached Garage No
Body Type[]
Building Area UnitsSqft
Business Type[]
Buyer Financing[]
Cap Rate5.75
CitySan Diego
Community Features[]
Construction Materials[]
Cooling[]
CountySan Diego
Current Use[]
Disclosures[]
Electric[]
FinancialDataSource[]
FreeholdIDX
Green Building Verification Type[]
HOANo
Heating[]
Lease Type[]
Levels[]
Living Area UnitsSqft
Lot Size UnitsAcres
MLS AreaMetro Central
ModificationTimestamp2025-07-03T05:12:11Z
New ConstructionNo
Number Of Units Total8
Operating Expense54354.0
Other Structures[]
Patio/Porch Features[]
Pets Allowed[]
Pool Features[]
Possession[]
Possible Use[]
Property Attached Y/NNo
Property Condition[]
Property SubtypeCom-Res Income
Property TypeResidential Income
Rent Includes[]
Roof[u'Composition']
Security Features[]
Senior Community Y/NNo
Sewer[]
Spa Features[]
Standard StatusActive
StatusACTIVE
Stories2
Structure Type[]
Tenant Pays[]
Utilities[]
View[]
Year Built0

Exterior for 328 Milbrae Street

Building Area Total5882.0
Exterior Amenities[]
Fencing[]
Foundation Details[]
Frontage Type[]
Lot Features[]
Lot Size Area0.0
Number of Buildings1
Other Equipment[]
Parking Features[]
Skirt[]
Water Source[]
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,100,000
MLS#250032106
List Date 06/30/2025
Property Type Multi-Family
Phone 714.742.6515
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Request Info
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