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INCREDIBLE OPPORTUNITY WITH INCOME & DEVELOPMENT POTENTIAL! Welcome to a unique corner property offering versatility, space, and exciting possibilities for homeowners and investors alike. Situated on an approximately 6,500 sq. ft. lot, this property features a charming 2-bedroom, 1-bath main home PLUS a separate studio with its own full bathroom and private entrance—ideal for extended family, guests, a home office, or potential rental income. The spacious lot offers tremendous possibilities for future expansion and may provide an opportunity to develop additional units/ADUs in the rear, subject to City approval, zoning, permits, and buyer verification. Live in the main home while generating additional income, create a multigenerational living setup, or explore the property’s development potential. The corner location provides added accessibility and flexibility, while the generous yard offers room to reimagine the property for the future. Conveniently located near freeways, shopping, schools, public transportation, and Downtown San Diego. Whether you’re a first-time buyer looking to offset your mortgage, an investor searching for your next project, or someone ready to build a long-term real estate portfolio, this property offers an opportunity you don’t want to miss. Live in it, rent it, expand it, and unlock its potential!
| Address |
304 Milbrae St
San Diego, CA 92113 |
| Listing Status | Active |
| Virtual Tour | Virtual Tour |
| Asking Price | $685,000 |
| Original Price | $750,000 |
| On Market Date | Sep 9, 2026 |
| Property Type | Residential |
| Short Sale | No |
| Listing Terms | Cash, Conventional, FHA, VA |
| Supplemental Remarks | ATTENTION BUYERS & INVESTORS: Please go to the Documents section of the MLS to review the proposed development plans, floor plans and architectural renderings illustrating the exciting potential of this property. Plans are conceptual/schematic and subject to City approval and buyer verification. |
| Rooms | Kitchen, Laundry |
| Square Footage | 1,105 sq ft |
| Flooring | Laminate |
| Bedrooms | 2 |
| Bathrooms | 2 full |
| Levels | 1 Story |
| Appliances | Gas Range |
| Fireplace Features | FP in Dining Room |
| Laundry Features | Electric, Gas |
| Accessibility Features | None |
| Bedrooms Possible | 2 |
| Fireplaces | 1 |
| Total Building Area | 1,105 sq ft |
| Year Built | 2011 |
| Year Built Source | Assessor |
| Property Style | Detached |
| Common Walls | Detached |
| Total Stories | 1 |
| Construction Materials | Stucco |
| Roof | Composition |
| Lot Features | Alley Access |
| Fencing | Full |
| Patio and Porch | Covered, Porch - Rear |
| Structures | None Known |
| Accessory Dwelling Unit | No |
| Lot Size Range | 4,000-7,499 SF |
| Total Parking Spaces | 4 |
| Uncovered Spaces | 4 |
| Parking Features | None Known |
| RV Parking | On-Site Parking |
| HOA Fee Includes | N/K |
| Community Features | Other/Remarks |
| Property Restrictions | None Known |
| Water Source | Available, Meter on Property |
| Sewer | Sewer Available, Sewer Connected |
| Heating | N/K |
| Heat Source | Natural Gas |
| Water Heater | Gas |
| Neighborhood | Mountain View |
| MLS Area | Metro Central |
| Directions | From 15 freeway, take the Ocean View Blvd exit and head eat Continue on Ocean View Blvd, then turn left onto Milbrae Street. Proceed to 304 Milbrae Street, San Diego, CA 92113. Corner property with convenient access to major freeways, Downtown San Diego, shopping, schools, and public transportation. Please use GPS/Google Maps for the most accurate directions. |
| Subdivision | Mountain View East (MVET) |
| Ownership | Fee Simple |
| Timeline | Notes |
|---|---|
| Loading listing history… | |
| County | San Diego |
| Assessor Parcel# | 5462112100 |
| Geographic Areas |
Community College District: San Diego CC |
| Highway Locator |
East of I-15 East of I-5 South of I-8 West of I-805 South of SR-52 South of SR-56 South of SR-78 |
| Ocean Distance | 3.9 miles |
| Platform | SDMLS |
| AOR | San Diego Association of REALTOR |
| MLS Number | 260021942 |
| Courtesy of | eXp Realty of California, Inc. |
| Listing Agent | Karla Ruiz |
| Agent License | 01485411 |
https://www.californiatophomes.com/260021942SD
| Address | Unit | List Price | Status |
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