Active
806-812 W Brookes Ave
Mission Hills CA, 92103
$2,300,000
$718.75 per sqft
Active
8 Beds
4 Baths
3,200 sqft
Multi-family
Built in 1958
$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.
240026126
MLSⓇ ID
November 6, 2024
Listed
November 17, 2024
Updated
Map
806-812 W Brookes Ave
Mission Hills CA, 92103
Interior Features
Total Stories
2
Bedrooms
8
Total Bathrooms
4
Full Bathrooms
4
Appliances
Dishwasher, Range/Oven, Refrigerator, Dryer, Washer
Laundry Description
Unit 1 Hookups, Unit 2 Hookups, Unit 3 Hookups, Unit 4 Hookups
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Other/Remarks
Exterior/Building Features
Lot Size
0.14 Acres
Roof
Other
Other Property Details
Area Name
Metro Uptown
Days on Market
11
Garage
No
View
No
County
San Diego
Pool
No
Zoning
RM-3-7
Listing History
Date | Event | Price |
|---|---|---|
11/6/2024 | Active | — |
Listed by Real Broker, Keegan Wetzel,
Listing Contact: 708-256-7904
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
© 2024 San Diego Multiple Listing Service. All rights reserved.
Data last updated 12:48 AM UTC, 11/17/2024
