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Listed by The Schwarz Group, Jean Paul Schwarz, Listing Contact: 858-220-1707 
4 Beds
4 Baths
2,264 sqft

$2,295,000

312 Brookes Ave, San Diego CA, 92103

Price per sqft$1,013.69
Built in2010
Property size2,264 sqft
Property typeMulti-family

Overview

Active

Listed Aug 23, 2026

Updated 38h ago

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.

$15,269/mo

Est. mortgage payment based on a $2,295,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
260020675

Interior Features

Bedrooms
4
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

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Data last updated 6:23 AM UTC, 10/7/2026

   

 

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