5707 Mildred Street San Diego, CA 92110

$1,645,000
0.10
Acres
$1,645,000
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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.

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.

  • Neighborhood
  • Type
  • County
    San Diego
  • Area
    92110 - Old Town Sd
  • Status
    Active
  • Listing #
    250045726SD
  • Built
    1960
  • Lot Size
    0.10
  • Listed on site
    172 days

Listed by:
Christen Jensen, Broker

Source:
CRMLS

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Property details

Community Features

  • Has HOA
  • Not Age Restricted

View

  • Water view
  • Ocean view

Exterior features

  • No Pool
  • Parking

Interior Features

  • Heat Gas

Style

  • Multi Level
  • Two Story

Property History

DateDays AgoEventNew Price
Mar 6, 20263 mos agoPrice decreased50,000 (3%)$1,645,000
Feb 20, 20263 mos agoPrice decreased50,000 (3%)$1,695,000
Feb 16, 20264 mos agoPrice decreased50,000 (3%)$1,745,000
Jan 23, 20264 mos agoPrice decreased50,000 (3%)$1,795,000
Jan 9, 20265 mos agoPrice decreased50,000 (3%)$1,845,000
Dec 13, 20256 mos agoNew on market$1,895,000
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