Pending
806-812 W Brookes Ave
Mission Hills CA, 92103
$2,300,000
$718.75 per sqft
Pending
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, 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
December 3, 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
22
Garage
No
View
No
County
San Diego
Pool
No
Zoning
RM-3-7
Listing History
Date | Event | Price |
|---|---|---|
12/3/2024 | Pending | — |
11/6/2024 | Active | — |
Listed by Real Broker, Keegan Wetzel,
Listing Contact: 708-256-7904
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Data last updated 7:18 AM UTC, 12/3/2024
