Overview
- Residential
- 2
- 1
- 1
- 888
- 780476
Description
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.
Details
Updated on June 16, 2026 at 3:20 pm Listed by Christian Ballow, Gene Bowman Realty- Property ID: 780476
- Price: $1,395,000
- Property Size: 888 Sqft
- Land Area: 4946 Square Feet
- Bedrooms: 2
- Bathroom: 1
- Garage: 1
- Year Built: 1954
- Property Type: Residential
- Property Status: Active
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