806 West Brookes Avenue
$2,300,000
8
4
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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.
- Listed by Keegan Wetzel • DRE #02153342 • Brokerage DRE #01180851 • Real Broker
Property Details for 806 West Brookes Avenue
Zoning
RM-3-7
Cross StreetsReynard Way
Source Living Area404
AreaMission Hills San Diego (MIH)
Lot Size Area6255
HOA Fee Frequency 1Monthly
HOA Fee 2$0
HOA Fee Frequency 2Monthly
LISTING UPDATED: 11/19/2024 11:13 AM
Property Details for 806 West Brookes Avenue
Status | Active |
---|---|
MLS # | 240026126SD |
Days on Market | 13 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1958 |
Lot Size | 0.14 AC / 6,255 SF |
County | San Diego County |
Building Information for 806 West Brookes Avenue
Stories2Residences-Year Built1958Building Size-Lot Size0.14 AC / 6,255 SF
Property Information for 806 West Brookes Avenue
Property History for 806 West Brookes Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 806 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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