806 W Brookes Ave
San Diego, CA 92103
0.14 acres | #240026126SD
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. $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
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Keegan Wetzel (#SAND-698508)
Listing Office: Real Broker (#SAND-7899)
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.
