806 Brookes Ave, San Diego CA 92103 | $2,300,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 6255 Lot Sq Ft
  • Type:
  • Stories: 2
  • Year Built: 1958
  • MLS#: 240026126SD
  • Community: 92103 - Mission Hills

Listing provided courtesy of Keegan Wetzel of Real Broker. Last updated 2024-12-22 09:11:32.000000. Listing information © 2024 SANDICOR.

$2.4M Appraisal in hand! ADU Potential! Exceptional Investment Opportunity in Mission Hills. Financing options available with VA assumable loan @ 2.25%, seller financing, and buyer concessions considered. The property is offered at a 6.27% CAP Rate and $18,000 monthly rents, an incredible value in the 92103 area. This beautifully renovated 4-unit complex offers four spacious 2-bedroom, 1-bathroom units, each with in-unit laundry. Every unit has been thoughtfully upgraded and is currently operating as a profitable short-term rental, making it a turn-key income-producing property. Ideal for investors or owner-occupiers looking to live in one unit while renting out the others. Property highlights include separate electric and gas meters, a shared water meter, and numerous recent improvements: new HVAC-ready electrical panels, resealed upper deck, fresh turf landscaping, refinished cabinets, new countertops, and durable vinyl flooring throughout. $180k+ in Seller Improvements. Don’t miss your chance to own in Mission Hills, a high-demand, low-inventory neighborhood! Contact Agent for copy of Appraisal, Offering Memorandum, Seller Improvements List. $2.4M Appraisal, Pro Forma, Offering Memorandum, Seller Improvement List, and ADU Feasibility Study all attached in documents section and available via Listing Agent contact.

More Details

0.14 Acres
2 Stories

David Piper

Call or Text: 858-525-5007

DRE# 02021985