5707 Mildred St, Old Town, CA 92110
- $1,595,000
- List Price
- $1,595,000
- Status
- ACTIVE
- MLS#
- 260014837SD
- Year Built
- 1960
- Lot Size
- 4,154
- Acres
- 0.10
- Days on Market
- 43
- Property Type
- Multifamily
- Stories
- Two Levels
- Neighborhood
- San Diego
Property Description
Well-maintained 4-unit property in San Diego's desirable Morena neighborhood. The property is occupied by long-term tenants in month to month contracts and provides stable in-place income from day one. Value add opportunity in renovating the units. The building has a good roof, one assigned on-site parking space for each unit, and a layout that is easy to manage. Parking is a valuable amenity in this area and helps support tenant retention or could be an ADU opportunity. Located just minutes from the University of San Diego, Mission Bay, Old Town, Fashion Valley, SeaWorld, and major employment centers, the property benefits from strong and consistent rental demand. Easy access to I-5, I-8, nearby trolley stations, and San Diego International Airport makes the location convenient for a wide range of tenants. This is an opportunity to acquire a stabilized asset in a central San Diego location with immediate cash flow and long-term upside through continued improvements and rent growth.
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Additional Information
- Appliances
- Gas Water Heater
- Pool Description
- None
- Heat
- Natural Gas
- Cooling Description
- None
- View
- Ocean
- Roof
- Composition
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $87,360
Listing courtesy of Listing Agent: Chris Jensen (chris@sdishome.com) from Listing Office: Christen Jensen, Broker.
Mortgage Calculator
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