304 Milbrae St

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! 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.