$2,300,000
For Sale

806 W Brookes Ave

San Diego, CA 92103
0.14 acres | #240026126SD
Listing OfficeReal Broker
Browse 194 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

$2.4M Appraisal in hand! ADU Potential! Exceptional Investment Opportunity in Mission Hills. Financing options available with VA assumable loan @ 2.25%, seller financing, subject to, 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.

  • Property Details
      • Stories2
    • Measurements
      • Acres0.1436
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1958
  • Community and Neighborhood Details
      • SubdivisionMission Hills
    • Location
      • CountySan Diego
  • Financial Details
      • Original List Price$2,300,000
  • Other
      • MLS #240026126SD

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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