$1,895,000

5707 Mildred St, San Diego, CA 92110

Multi-Family Home
Built in 1960
4,156sqft lot
—— car garage
$——/sqft
Listed 5 days ago

Property Description

Well-maintained and stabilized 4 Unit property located in the highly desirable Morena neighborhood of San Diego. The building is currently occupied by solid, long-term tenants and provides reliable in-place income from day one. The units have been partially renovated and present a clear value-add opportunity through selective renovations, including kitchens, bathrooms, finishes, windows, and other cosmetic upgrades to further increase rents and overall return. The roof is in good condition. Each unit is assigned one on-site parking space in an area where parking is a premium. The location is a major strength—centrally positioned with easy access to University of San Diego, Tecolote Canyon, multiple Golf Courses, Mission Bay, Pacific Beach, SeaWorld, and Fashion Valley Mall, along with nearby freeway access to I-5 and I-8. This proximity to employment centers, recreation, shopping, and transit drives consistent rental demand. An excellent opportunity for investors seeking stable cash flow today with upside potential tomorrow in one of San Diego’s most supply-constrained rental markets.

Listing Status:: Active
Date Added:: December 13, 2025 at 06:00AM
Listing Office:: Christen Jensen, Broker : 858-449-1277
Listing Agent:: Chris Jensen : 858-449-1277
MLS ID:: 250045726SD

Appliances: Gas Water Heater
A/C: None
Heating: Natural Gas

General: None
Pool: None
Parking: Parking spaces: 0

Roofing: Composition
General: 2

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

Zoning: R-4:MULTIP4363840100
View: OceanView
Fencing: Partial

Source: CRMLS_SAND

This listing courtesy of Chris Jensen, Christen Jensen, Broker

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Longfellow K-8

5055 July St, San Diego, CA, 92110

Grades KG-8

1.04 miles away

Twain High School

6402 Linda Vista Rd, San Diego, CA, 92111

Grades 7-12

0.69 miles away

Twain High School

6402 Linda Vista Rd, San Diego, CA, 92111

Grades 7-12

0.69 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.