Jordan Concepcion And Caleb Mancini Of Apartment Realty Group Sell San Diego Multifamily For $1.86M
328 Milbrae Street
$1,860,000
$316/SF
Building Size
5,882 SF
Asset Type
MultiFamily
Closing
Nov 10, 2025
AI
The property asset involved is a multifamily unit located at 328 Milbrae Street in the San Diego market. The transaction was completed at a sale price of $1,860,000, comprising a total of 8 units. The total square footage of the asset is 5,882, resulting in a price per unit of $232,500 and a price per square foot of $316.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,860,000
- Units: 8
- Square Footage: 5,882
- Price Per Unit: $232,500
- Price Per Square Foot: $316
- Date of Sale: 11/10/2025
- Brokers: Jordan Concepcion & Caleb Mancini - Apartment Realty Group (ARG)
The transaction was represented by brokers Jordan Concepcion and Caleb Mancini, affiliated with Apartment Realty Group (ARG), highlighting the professional involvement of these individuals in facilitating the deal.
Players
San Diego MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.53%
Cash-on-Cash
-2.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93