SoCal Realty & InvestmentsSoCal Realty & InvestmentsCall (760) 801-6550
← All homes
351 Milbrae St1 / 25 · Click to zoom

About this home

Exceptional shovel-ready development opportunity for investors, builders, and developers! This value-add property includes San Diego City Approved Plans to convert the existing single-family residence into 2 residential units, constructing 4 new detached ADUs, and completing 1 garage conversion ADU for a total of 7 units. Save months of planning and pre-development time with plans already prepared for a project designed for today's high-demand infill housing market. The property features valuable alley access; providing excellent functionality for construction, access, and future unit layout. Whether you're looking to build a long-term rental portfolio, create a high-performing income-producing asset, or capitalize on the strong demand for new housing, this project offers a rare opportunity to acquire a development that's ready for its next phase. Plans provided in additional docs for review. Cash or private money only. Call agent for additional information.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$580,000 · Feb 2024
📋 Assessed value$603,432
💵 Annual tax$7,962
🏫 School districtSan Diego City Unified School District

MLS #260018440

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

Estimate your monthly payment. Adjust the numbers to fit your budget.

Down payment %
Interest rate %
Loan term (yrs)
Property tax %/yr
Home insurance %/yr
Estimated total monthly payment
$4,066
Principal & interest$3,282
Property tax$595
Home insurance$189
Down payment: $129,800Loan: $519,200

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.