CA > San Diego > Mission Hills
San Diego, CA 92103,806 812 W Brookes Ave
San Diego, CA 92103,806 812 W Brookes Ave
San Diego, CA 92103,806 812 W Brookes Ave
San Diego, CA 92103,806 812 W Brookes Ave
San Diego, CA 92103,806 812 W Brookes Ave
San Diego, CA 92103,806 812 W Brookes Ave
Tony English
Tony English

Broker | License ID: 01363194

+1(949) 463-1085

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$ 2,500,000

$ 2,300,000 8.7%

Est. payment | /mo

6,255 Sqft Lot

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$ 2,500,000

$ 2,300,000 8.7%

Est. payment | /mo
Video Tour

6,255 Sqft Lot

Key Details

Sold Price $2,500,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Mission Hills

MLS Listing ID 240026126SD

Sold Date 12/30/24

HOA Y/N No

Year Built 1958

Lot Size 6,255 Sqft

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. $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.

Location

State CA

County San Diego

Area 92103 - Mission Hills

Building/Complex Name Complex

Zoning RM-3-7

Interior

Heating See Remarks

Cooling None

Fireplace No

Exterior

Fence None

View Y/N No

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 4512800700

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

California Regional MLS (CRMLS)
Listed by Keegan Wetzel • Real Broker
Bought with Keegan Wetzel • Real Broker
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 463-1085

tonyenglish@me.com

28391 Sheridan Dr, Niguel, California, 92677, United States

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806 812 W Brookes Ave