Listing provided courtesy of Jordan Concepcion of Apartment Realty Group (ARG). Last updated 2025-07-12 08:36:51.000000. Listing information © 2025 Sandicor.
Asking Price: $2,100,000 |
328 Milbrae Street, San Diego CA 92113
Community: 92113 - Logan Heights
This Commercial/Residential property was built in 0 and is priced at $2,100,000. Please see the additional details below.
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.
