5635 Mildred Street, San Diego, CA 92110

$1,250,000
2
BD
1
BA
888
SqFt

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Listing courtesy of Listing Agent: Christian Ballow (Christian@genebowman.com) from Listing Office: Gene Bowman Realty.

List Price
$1,250,000
Status
ACTIVE
Days on Market
129
Price Change
▼ $145,000 1784243110
MLS#
PTP2603397
Subtype
Residential
Year Built
1954
Bedrooms
2
Bathrooms
1
Full Baths
1
Living Area
888
Lot Size
4,946
Acres
0.11
MLS Area Major
Old Town Sd (92110)

Property Description

5635 Mildred Street is a rare dual-opportunity asset in Bay Park — a fully renovated, income-producing home on an R-4 zoned lot with a nearly approved 8-unit multifamily development already. The next owner builds — they don't start over. The location is irreplaceable. A few blocks from USD in one of San Diego's most centrally positioned and supply-constrained rental corridors. Minutes to Mission Valley, Fashion Valley, Riverwalk, and the transformative Riverwalk Transit Village. Direct access to the I-8 and SR-163. Student and professional rental demand here is very strong. The existing home is fully renovated and tenant-occupied, generating income while entitlements finalize. Luxury vinyl plank floors, updated kitchen with stainless appliances, and spa-quality bathrooms with navy shaker vanities, quartz countertops, and large-format tile. Drought-tolerant landscaping, large flat fully fenced rear yard, and detached garage. Hold it. Lease it. Build 8 units.

Additional Information

Interior Features
All Bedrooms Down
Zoning
R-4:Multiple Residential
Stories
One Level
Levels
One
Pool Type
None
Garage Spaces
1
School District
San Diego Unified
View
Neighborhood

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.