806 812 W Brookes Ave
San Diego, CA 92103
- – beds
- – baths
- – sqft
- 6,255 sqft lot
- 1958 build
- – on site
$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.
Listed By SDMLS / Keegan Wetzel / Real Broker
Last checked:
Checking…
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Last updated Nov 17, 2024
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MLS# 240026126SD —
The Building
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Year Built:1958
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Number With Patio:4
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# of Buildings:1
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Total Number Of Units:4
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Stories Total:2
Interior
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Levels:Two
Location
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Directions:CrossStreet: Reynard Way
The Property
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Property Type:Residential Income
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Zoning:RM-3-7
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Lot Size Area:6255.0000
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Lot Size Acres:0.1436
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Lot Size SqFt:6255.00
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Lot Size Source:Other
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Fencing:None
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Fence:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Parcel Number:4512800700
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Showings Begin:2024-11-06
Heating & Cooling
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Heating:1
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Heating:See Remarks
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Cooling:No
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Cooling:None
The Community
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Subdivision:Mission Hills
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Subdivision:Mission Hills
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Senior Community:No
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Neighborhood:Mission Hills
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Park Name:Complex
Extra Units
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Number With Dishwasher:4
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Number With Refrigerator:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/6/24
Nov 6, 2024
|
Listed / Active | CRMLS_CA | $2,300,000 | |
7/25/24
Jul 25, 2024
|
Relisted | CRMLS_CA | ||
7/25/24
Jul 25, 2024
|
Pending | CRMLS_CA |