Residential Income For Sale – – – – Price $2,300,000 – 240026126
Property 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, 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.

Features
: 2 story
Address Map
US
California
San Diego
San Diego
92103
Brookes Ave
806-812
W118° 49' 46''
N32° 44' 36.1''
Neighborhood
Neighborhood
Additional Information
22
RM-3-7
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Keegan
Wetzel
Real Broker
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4,000-7,499 sf
Mission Hills
Mission hills
Fallbrook union elementary distr
: Other/remarks
Fallbrook union elementary distr
Fallbrook union high school dist
2

Residential Income For Sale

806-812 Brookes Ave, San Diego, California 92103

6,255 Sqft
$2,300,000
Listing ID #240026126
Basic Details
Property 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, 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.

Status : Pending
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 240026126
Price : $2,300,000
Year Built : 1958
Lot Sq Ft : 6,255 Sqft
Style : Res income 2-4 units
Unit 1 # Bedrooms : 2
Unit 2 # Bedrooms : 2
Unit 3 # Bedrooms : 2
Unit 4 # Bedrooms : 2
Unit 1 # Total Baths : 1
Unit 2 # Total Baths : 1
Unit 3 # Total Baths : 1
Unit 4 # Total Baths : 1
Unit 1 # of Full Baths : 1
Unit 2 # of Full Baths : 1
Unit 3 # of Full Baths : 1
Unit 4 # of Full Baths : 1
Unit 1 Estimated SqFt : 750 Sqft
Unit 2 Estimated SqFt : 850 Sqft
Unit 3 Estimated SqFt : 750 Sqft
Unit 4 Estimated SqFt : 850 Sqft
Agent info
Berkshire Hathaway HomeServices California Properties
6027 Paseo Delicias, Rancho Santa Fe, CA 92067
Contact Agent
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