806 West Brookes Avenue

San Diego, CA 92103

$2,575,000
Price
8
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

4-Unit Apartment Complex in Mission Hills! Comprised of (4) 2 bedrooms + 1 bathrooms. All units have been recently renovated and are currently used as Short-Term Rentals. This property is move in ready. This unique offering provides an opportunity for both investors looking to keep the asset operating as a Short-Term Rental and a first-time home buyers looking to live in a unit and rent out the others. The property has one water meter & sperate electric/gas meters. Each unit has washer/dryer. Recent...4-Unit Apartment Complex in Mission Hills! Comprised of (4) 2 bedrooms + 1 bathrooms. All units have been recently renovated and are currently used as Short-Term Rentals. This property is move in ready. This unique offering provides an opportunity for both investors looking to keep the asset operating as a Short-Term Rental and a first-time home buyers looking to live in a unit and rent out the others. The property has one water meter & sperate electric/gas meters. Each unit has washer/dryer. Recent upgrades include new electric panels that can provide HVAC, replaced and resealed the upper deck, installed Turf in the front yard, refinished cabinets, replaced countertops, and installed vinyl flooring in each unit. This is a high barrier to entry market, don't miss out!
  1. Listed by Michael Kasser • DRE #02105892 • Brokerage DRE #01325901 • Daniel W. Withers

Property Details for 806 West Brookes Avenue

Zoning
RM-3-7
Cross Streets
Reynard Way
Source Living Area
404
Area
Mission Hills San Diego (MIH)
Lot Size Area
6251
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly

Location

Listing Courtesy of Daniel W. Withers, Michael Kasser, DRE #02105892
Add your commute
LISTING UPDATED: 06/02/2024 06:04 PM

Property Details for 806 West Brookes Avenue

StatusActive
MLS #240010638SD
Days on Market26
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1958
Lot Size0.14 AC / 6,251 SF
CountySan Diego County

Location

Listing Courtesy of Daniel W. Withers, Michael Kasser, DRE #02105892
Add your commute

Building Information for 806 West Brookes Avenue

Stories2Residences-Year Built1958Building Size-Lot Size0.14 AC / 6,251 SF

Payment Calculator

$14,053 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,053

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 806 West Brookes Avenue

Community / Development
Community / Development
  • Complex Name: Complex
  • Number Of Units: 4
  • Builders Tract Name: Mission Hills
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 2
  • View: No
  • Security Features: Other
Contract Info
Contract Info
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $114,699.00
  • Gross Scheduled Income: $184,000
  • Cap Rate: 5.25%
  • Gross Rent Multiplier: $14.00
  • Other Income1: $.00
  • Total Annual Expense: 63781
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: None
Exterior Features
Exterior Features
  • Pool: No
  • Spa: No
  • Roof: Other
  • Fence: None
Lease Terms
Lease Terms
  • Listing Terms: Other
  • Tenant Pays: Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Projected Rent: $3,833.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Projected Rent: $3,833.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Projected Rent: $3,833.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Projected Rent: $3,833.00
  • Like Units: 1

Property History for 806 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 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.

Similar Homes

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806 West Brookes Avenue is a multi-family home for sale in San Diego, CA 92103. This property was listed for sale on May 13, 2024 by Daniel W. Withers, it's currently listed at $2,575,000. This listing's school district is San Diego Unified School District. Nearby schools include Grant K-8, Dana and Roosevelt International Middle School. 806 West Brookes Avenue is a 8-bed, 4-bath, 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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Daniel W. Withers, Michael Kasser, DRE #02105892

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