328 Milbrae St, San Diego, CA 92113

Local realty services provided by:ERA North Orange County Real Estate
328 Milbrae St,San Diego, CA 92113
$1,950,000
Virtual Tour
  • 2 Beds
  • 1 Baths
  • 5,882 sq. ft.
  • Multi-family
  • Pending
Listed by:jordan a concepcion
Office:apartment realty group (arg)
MLS#:250037425
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,950,000
  • Price per sq. ft.:$331.52

About this home

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.

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:250037425
  • Added:67 day(s) ago
  • Updated:November 04, 2025 at 08:43 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Living area:5,882 sq. ft.

Structure and exterior

  • Roof:Composition
  • Building area:5,882 sq. ft.

Finances and disclosures

  • Price:$1,950,000
  • Price per sq. ft.:$331.52
MLS LogoThis information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc.

New listings near 328 Milbrae St