
5635 Mildred Street
DSan Diego, CA 92110
Soft Appraisal Value: $1,351,900 · 3.2% above estimate
Beds
2
Baths
1
Sqft
888
Year Built
1954
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
PTP2603397
This property is in San Diego (92110). View neighborhood stats →
About This Property
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.
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Est. Monthly Payment
$8,856
Location
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Comparable Properties
5 comps foundThis Property
$2,993
Comp Average
$4,828
5605 Friars Rd.
3bd / 2ba · 1,834 sqft · Condo
$895K
Est. $4,905/mo
4208 Napier Street
3bd / 3ba · 1,901 sqft · Townhouse
$939K
Est. $4,508/mo
4016 Ampudia
2bd / 2.5ba · 2,280 sqft · Condo
$1.27M
Est. $6,067/mo
2676 Illion
3bd / 2ba · 1,666 sqft · Single Family
$1.30M
Est. $4,635/mo
2343 Cecelia Ter
3bd / 1ba · 1,285 sqft · Single Family
$1.30M
Est. $4,026/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
Incl. vacancy, PM, maint, capex
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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