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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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312 Brookes Ave San Diego, CA 92103
$2,295,000 4 beds, 4 baths
0 sqft
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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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RE-PRICED TO SELL! Turnkey Hillcrest multifamily investment offering four extensively renovated 1BR/1BA residences in a highly desirable central San Diego location. Fully leased with approximately $143,880 in annual gross scheduled income and approximately $111,690 stabilized NOI. New asking price represents an approximate 4.87% stabilized cap rate. The property has undergone extensive improvements including updated kitchens and bathrooms, flooring, dual-pane windows, electrical and plumbing upgrades, mini-split heating and air conditioning, in-unit laundry, fire sprinkler improvements, secured entry and landscaped common areas. Select residences include private outdoor space and parking. Located near Balboa Park, UC San Diego Health Hillcrest, Scripps Mercy Hospital, Mission Hills, Downtown San Diego, dining, shopping, transit and major transportation corridors. A compelling opportunity to acquire a fully leased, renovated four-unit property with established in-place income and limited near-term capital improvement requirements.

Listing Details

Property type: Res Income 2-4 Units (Multi-Family)
Status: ACTIVE
MLS# 260020675
List price is $2,295,000 Reduced by $100,000 on 10/6/2026
Beds: 4
Baths: 4 (4 full)
Built in 2010
2 stories
0.00 acres
Subdivision: Hillcrest (HC)
County: San Diego
Zoning: RM-3-9
Construction: Wood
Heating description: Combination Heating
MLS area: Metro Uptown

Last Updated: 10/6/2026

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This listing belongs to the Metro Uptown MLS area

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Lat/Long: 32.743462, -117.162462.
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Listing Agent: Jean Paul Schwarz
Co Listing Agent: Elisabeth M Schwarz
Lic#: 01915341
Broker: Courtesy of The Schwarz Group

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128
888-995-7575
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