CnC Realty
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$1,250,000

5635 Mildred Street

San Diego, CA 92110

Active

2

Beds

1

Baths

888

Sq. Ft.

1954

Year Built

San Diego

County

SingleFamilyResidence

Property Type

About this home

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.

Listed by Christian Ballow · DRE #02046669 · Gene Bowman Realty
MLS #1159445922
ListedMay 4, 2026

Property Details

Architecture

Stories1
StyleN/A
Total UnitsN/A
RoofN/A
Garage Spaces1
PoolN/A
SpaN/A

Features & Amenities

Interior FeaturesAll Bedrooms Down
Exterior FeaturesN/A
FlooringN/A
CoolingNone
HeatingN/A
FireplaceNone
LaundryIn Kitchen
Parking FeaturesN/A
Parking Total1
Patio & PorchN/A
Entry Level1
Entry LocationFront Door
Common WallsNo Common Walls

Property Features

Lot Size0.11 ac
Lot FeaturesZero To One Unit Acre
ViewNeighborhood
DirectionsFrom the 8 Freeway: Exit Hotel Circle, head north on Hotel Circle North, merge onto Linda Vista Road heading west, turn left on Mildred Street.

Community

Area92110 - Old Town Sd
School DistrictSan Diego Unified

Tax & Financial

TermsConventional
Land LeaseNo
HOA NameN/A
HOA FeeN/A

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Mortgage Estimate

$6,653/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 5:00 PM

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