$2,295,000
312 Brookes Ave
Hillcrest · San Diego, CA 92103
Listing agent: Jean Paul Schwarz, The Schwarz Group
Last updated Oct 5, 2026, 8:21 PM
Original list price $2,395,000
Key details
About this home
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.
Features
- Combination Heating
- Zoned Area(s)
Home facts
Price history
| Date | Event | Price |
|---|---|---|
| Aug 22, 2026 | Listed | $2,395,000 |
| — | Current list price | $2,295,000 |
Monthly payment
Estimate only. The rate, tax, and insurance figures are editable placeholders, not a lender quote.
- Principal and interest $11,604.77
- Property tax $2,103.75
- Insurance $669.42
- HOA $0.00
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SDMLSListing data provided by San Diego MLS. Information deemed reliable but not guaranteed. Homes By Hive is not the listing broker. Each home names the listing agent and listing office.