806-812 West Brookes Avenue

San Diego, CA 92103

$2,300,000
Price
8
Beds
4
Baths
3,200 Sq. Ft.
$719 / Sq. Ft.
3,200
Sq. Ft.
$719
per Sq. Ft.

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, 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...$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. 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.
  1. Listed by Keegan Wetzel • DRE #02153342 • Brokerage DRE #02022092 • Real Broker

Property Details for 806-812 West Brookes Avenue

Area
Mission Hills (92103)
Neighborhood
Mission Hills
Community
MISSION HILLS
City Postal ID
MISSION HILLS (92103)
Cross Street(s)
Reynard Way
LISTING UPDATED: 11/16/2024 04:19 PM

Property Details for 806-812 West Brookes Avenue

StatusActive
MLS #240026126
Days on Market14
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.14 AC / 6,098 SF
CountySan Diego County

Building Information for 806-812 West Brookes Avenue

Stories2Residences-Year Built1958Building Size-Lot Size0.14 AC / 6,098 SF

Property Information for 806-812 West Brookes Avenue

Summary Information
Property and Location
  • System ID: 240026126
  • Class: 2-4 UNITS
  • Levels: 2 Story
  • Year Built: 1958
  • Street Number Numeric: 806
  • Street Direction: W
  • Street Name: Brookes Ave
  • Map Coordinates: 1268J6
  • Age Restrictions: N/K
  • Market Area: Metro Uptown
HOA and Fees
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
Supplement
  • Supplement: $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.
Interior and Exterior Features
Interior Features
  • Num of Units w/Dishwashers: 4
  • Num of Units w/Cooling: 0
  • Cooling: None
  • Heat Equipment: Other/Remarks
Exterior Features
  • Exterior: Other/Remarks
  • Roof: Other/Remarks
  • Fencing: N/K
  • Security: Other/Remarks
Property Information
Property and Assessments
  • Total Stories: 2
  • Entry Only: No
  • Lot Size: 4,000-7,499 SF
  • Lot Size Source: Other/Remarks
  • Frontage: Other/Remarks
  • Zoning: RM-3-7
  • Complex/Park: Complex
  • Assessors Parcel Num: 451-280-07-00
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 806
  • Unit 1 Num of Bedrooms: 2
  • Unit 1 Num of Total Baths: 1
  • Unit 1 Deposit: $0
  • Unit 1 Estimated SqFt: 750
  • Unit 1 Exclusive Use Yard: No
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 1 Occupied: Vacant
  • Unit 1 Projected Rent: $4,500
  • Unit 1 Rent Actual: $0
Unit 2
  • Unit Num for Unit 2: 808
  • Unit 2 Num of Bedrooms: 2
  • Unit 2 Num of Total Baths: 1
  • Unit 2 Deposit: $0
  • Unit 2 Estimated SqFt: 850
  • Unit 2 Exclusive Use Yard: No
  • Unit 2 Laundry Hook Ups: Yes
  • Unit 2 Occupied: Vacant
  • Unit 2 Projected Rent: $4,500
  • Unit 2 Rent Actual: $0
Unit 3
  • Unit Num for Unit 3: 810
  • Unit 3 Num of Bedrooms: 2
  • Unit 3 Num of Total Baths: 1
  • Unit 3 Deposit: $0
  • Unit 3 Estimated SqFt: 750
  • Unit 3 Exclusive Use Yard: No
  • Unit 3 Laundry Hook Ups: Yes
  • Unit 3 Occupied: Vacant
  • Unit 3 Projected Rent: $4,500
  • Unit 3 Rent Actual: $0
Unit 4
  • Unit Num for Unit 4: 812
  • Unit 4 Num of Bedrooms: 2
  • Unit 4 Num of Total Baths: 1
  • Unit 4 Deposit: $0
  • Unit 4 Estimated SqFt: 850
  • Unit 4 Exclusive Use Yard: No
  • Unit 4 Laundry Hook Ups: Yes
  • Unit 4 Occupied: Vacant
  • Unit 4 Projected Rent: $4,500
  • Unit 4 Rent Actual: $0
Building Details
  • Heating: See Remarks

Property History for 806-812 West Brookes Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 806-812 West Brookes Avenue

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 5 to 6
Public - 6 to 8
Public - 7 to 8
Rating
School
Distance
Grant K-8
PublicK to 8

Dana
Public5 to 6

Roosevelt International Middle School
Public6 to 8

Correia Middle School
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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806-812 West Brookes Avenue is a multi-family home for sale in San Diego, CA 92103. This property was listed for sale on November 5, 2024 by Real Broker, it's currently listed at $2,300,000. It has been on the market for a total of 14 days and was last sold on March 10, 2021. This listing's school district is San Diego Unified School District. Nearby schools include Grant K-8, Dana and Roosevelt International Middle School. 806-812 West Brookes Avenue is a 8-bed, 4-bath, 3,200 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker, Keegan Wetzel, DRE #02153342

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