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328 Milbrae Street, 
San Diego, CA 92113

$2,050,000


2

Beds


1

Bath


5,882

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Jordan A Concepcion

Apartment Realty Group (Arg)

Last updated:

August 6, 2025, 02:16 PM

MLS#

250034719

Source:

SANDICOR

About This Home

328 Milbrae Street

PRICE REDUCED!!! All 2BR/1BA units with a strong current cap rate of 6.2% 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. Many 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.

Home Facts

Multi-Family

1 Bath

2 Bedrooms

Price Summary

2,050,000

$348 per Sq. Ft.

MLS #:

250034719

Last Updated:

August 6, 2025, 02:16 PM

Added:

8 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Interior

Living Area:

5,882 Sq. Ft.


Structure

Structure

Building Area:

5,882 Sq. Ft.


Finances & Disclosures

Finances

Price:

$2,050,000

Price per Sq. Ft:

$348 per Sq. Ft.

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