5445 Mildred Street
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5445 Mildred Street

D

San Diego, CA 92110

$1,875,000
NEW — 1d

Beds

Baths

Sqft

3,414

Year Built

1959

Days on Market

1

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

PTP2603261

This property is in San Diego (92110). View neighborhood stats →

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About This Property

Rare opportunity directly across from the main entrance of the University of San Diego. The unit mix features two 2 bedroom / 1 bath units, one 3 bedroom / 1 bath, and one standout 2 bedroom / 2 bath owner's suite with hardwood floors, a private balcony, and exclusive access to a rooftop deck with sweeping views, ideal for an owner occupant looking to live in one and rent the others. Units are larger than typical vintage stock in the area, with five on-site parking spaces, common-area laundry, and a separate storage room. CC-3-4 zoning with a 4.0 FAR adds meaningful long-term flexibility for ADU addition or future density. Located in the heart of Morena, the property is minutes from Downtown, Mission Bay, Old Town, and Fashion Valley, with walkability to the Morena/Linda Vista Trolley station and Tecolote Canyon trails. A clean, turnkey asset with a built-in tenant pipeline from USD, local hospitals, and Downtown employment, well suited for an owner occupant, 1031 buyer, or local investor.

Mortgage Calculator

Est. Monthly Payment

$11,903

Principal & Interest$9,481
Property Tax$1,875
Insurance$547
%($375,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$4,505
Monthly Cashflow

Rent − PITIA

$-7,398
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,997

Mortgage (P+I)
$9,481
Cap Rate
-0.33%
Cash-on-Cash
-31.99%
DSCR

Need ≥ 1.25 for DSCR loan

0.38
Break-even Rent
$17,488

NOI (Annual)
$-6,188
Price-to-Rent

Lower = better for investors

34.7

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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