3736 Mississippi, San Diego, CA 92104

Property Description

3736 Mississippi Street is a meticulously maintained 6-unit multifamily asset located in the heart of Prime North Park. Built in 1986 and owner-operated by the same hands-on proprietor since acquisition, this property reflects a level of pride of ownership seldom found in today's marketplace. The owner purchased the asset as his personal residence and approached every capital improvement accordingly — selecting quality materials and long-term solutions over short-term fixes. The result is a turn-key building with a strong unit mix, compelling in-place rents, and an established RUBS program with zero deferred maintenance for a new operator to inherit. The property also features four (4) on-site single-car garages with strong ADU conversion potential, offering a clear path to increasing unit count and revenue while retaining six (6) parking spaces — a meaningful competitive advantage in a neighborhood where off-street parking has become increasingly scarce and valuable. North Park consistently ranks among San Diego's most resilient and in-demand rental submarkets, drawing a renter base that is educated, professionally employed, and willing to pay a premium for well-located, well-maintained housing in a walkable, amenity-rich urban environment. For a buyer seeking a newer-vintage, turn-key asset in an irreplaceable location — with multiple levers to drive yield through strategic renovations, rent growth, and ADU execution — 3736 Mississippi Street is exactly the type of opportunity that rarely comes to market.

Listing Status:

Active

Date Added:

June 18, 2026

Data Last Updated:

July 6, 2026 at 1:16AM

Listing Office:

The Mendes Company : 619-222-9502

Listing Agent:

Anthony Mendes : 619-889-3614

MLS ID:

260014833SD

Interior

• A/C: None
• Heating: Wall Furnace

Exterior

• Parking: Parking spaces: 6

Construction

• General: BlockDrywallFrameStucco

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_SAND
• County: San Diego

Lot

• Zoning: 453

Financial

• Source: CRMLS_SAND