$1,500,000

3736 Mississippi St San Diego, CA 92104

North Park Neighborhood

Estimated payment $9,808/month

Total Views 2,145
11 Beds
7 Baths
4,710 Sq Ft
$318 Price per Sq Ft

Highlights

  • Golf Course Community
  • Coastline Views
  • Sauna
  • Jefferson Elementary Rated A-
  • Heated Spa
  • Open Floorplan

About This Home

Luxury Live Auction! Bidding to start from $1,500,000! An Exceptional Opportunity to own a pride-of-ownership (6)-unit multifamily building in the heart of one of San Diego’s most sought-after neighborhoods—North Park. Just three blocks from Morley Field and Balboa Park, this turnkey investment offers an unbeatable location surrounded by tree-lined streets, local eateries, and endless urban charm.
Set on a generous lot with 4,710 square feet of living space, the property features a highly desirable unit mix: (2) 1-bed/1-bath units, (3) 2-bed/1-bath units, and (1) expansive 3-bed/2-bath unit. All units are fully occupied with tenants currently on month-to-month leases, allowing for immediate rental upside given the high demand and rising market rents in the area. Rents can be further raised up to 8.5%.
Each unit is individually metered for gas and electricity, while the main building benefits from solar panels, eliminating the electricity bill for common areas—a cost-saving feature that boosts your bottom line. NOI: $172,854 w/ strong CAP rate potential, paid-off solar, and low Operating Expenses. Recent upgrades include stylish kitchen improvements and refreshed landscaping, keeping maintenance minimal while enhancing tenant appeal.
A standout in the neighborhood, the property also includes (4) private garages, (6) additional uncovered parking spaces, and rare off-street parking—a huge value-add for tenants in this high-demand pocket of North Park.
Beyond the property lines, residents enjoy walkable access to Morley Field’s tennis courts, dog park, pool, and athletic facilities, along with countless cafes, boutiques, breweries, and beloved local restaurants like The Smoking Goat, Tribute Pizza, and Urban Solace. With its close proximity to downtown, beaches, and major freeways, North Park continues to be one of San Diego’s most dynamic and thriving rental markets.
This is more than just a property—it’s a powerful investment in location, lifestyle, and long-term value. Home inspection available.
Submit your offer soon—opportunities like this in North Park are rare and move quickly!

Listing Agent

Danny Gascon

Harcourts Prime Properties Brokerage Phone: 949-370-4069 License #01965646 Listed on: 06/20/2025

Harcourts Prime Properties

Co-Listing Agent

Bill Pasqualino

Harcourts Prime Properties Brokerage Phone: 949-370-4069 License #01979443

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • 7,022 Sq Ft Lot
  • Property fronts a private road
  • No Common Walls
  • Vinyl Fence
  • Fence is in good condition
  • Paved or Partially Paved Lot
  • Private Yard
  • Back Yard

Parking

  • 4 Car Garage
  • 7 Open Parking Spaces
  • Shared Driveway
  • On-Street Parking

Property Views

  • Coastline
  • Panoramic
  • City Lights
  • Woods
  • Peek-A-Boo
  • Views of a landmark
  • Mountain
  • Hills
  • Meadow
  • Neighborhood

Home Design

  • Turnkey
  • Additions or Alterations
  • Slab Foundation
  • Fire Rated Drywall
  • Common Roof
  • Clay Roof
  • Pre-Cast Concrete Construction
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 4,710 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Double Pane Windows
  • Atrium Windows
  • Sliding Doors
  • Atrium Doors
  • Panel Doors
  • Family Room
  • Living Room with Attached Deck
  • Living Room Balcony
  • Sauna
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Gas Cooktop
  • <<microwave>>
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Wall Furnace
  • 220 Volts in Garage
  • Gas Water Heater
  • Phone Connected
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 14 / 5
  • Tax Tract Number 65
  • Assessor Parcel Number 4530213000
  • $184 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 6 Units
  • North Park Subdivision
  • Military Land
  • Foothills

Amenities

  • Laundry Facilities

Recreation

  • Golf Course Community
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Building Details

  • 6 Leased Units
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $1,440
  • Insurance Expense $1,700
  • Water Sewer Expense $3,600
  • New Taxes Expense $9,514
  • Operating Expense $16,254
  • Gross Income $189,108
  • Net Operating Income $172,854

Property Details

Home Type

Apartment

Year Built

Built in 1986 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Inclusions: Solar Panels, all appliances & items in units
  • Price Per Unit: 250000
  • Property Attached: No
  • Road Frontage Type: City Street, Private Road
  • Road Surface Type: Paved, Privately Maintained
  • Security: Smoke Detector(s)
  • Subdivision Name Other: North Park
  • View: Yes
  • Water Sewer Expenses: 3600.00
  • Zoning: RM-1-1
  • Property Condition: Additions/Alterations, Turnkey, Updated/Remodeled
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 4530213000
  • Year Built: 1986
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: Auction

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Partial, Granite Counters, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Quartz Counters, Recessed Lighting
  • Stories: 2
  • Entry Location: Ground
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Door Features: Atrium Doors, Panel Doors, Sliding Doors
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 318.47
  • Room Type: Family Room, Kitchen, Living Room, Sauna
  • Spa Features: Private, Above Ground, Heated
  • Window Features: Atrium, Double Pane Windows

Exterior Features

  • Foundation: Slab
  • Other Structures: Sauna Private
  • View: City Lights, Coastline, Hills, Landmark, Meadow, Mountain(s), Neighborhood, Panoramic, Peek-A-Boo, Trees/Woods
  • Fence: Yes
  • Fencing: Good Condition, Vinyl
  • Pool Private: No
  • Roof: Clay, Common Roof
  • Spa: Yes
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking Features: Driveway, Garage, Private, Shared Driveway, Street
  • Total Parking Spaces: 11.00
  • Uncovered Spaces: 7.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Freezer, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Water Heater, Water Line to Refrigerator
  • Electric: 220 Volts in Garage, 220 Volts in Laundry, Standard
  • Heating Type: Central, Forced Air, Wall Furnace
  • Laundry Features: Common Area, Dryer Included, Electric Dryer Hookup, Gas & Electric Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Foothills, Golf, Hiking, Gutters, Park, Military Land, Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Paved, Yard
  • Lot Size Sq Ft: 7022.00
  • Lot Size Acres: 0.1612

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Fuel Expense: 1440.00
  • Gross Income: 189108.00
  • Gross Multiplier: 17.31
  • Gross Operating Income: 189108.00
  • Gross Scheduled Income: 189108.00
  • Insurance Expense: 1700.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7022.0000 Square Feet
  • Net Operating Income: 172854.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Number Wall A C: 1
  • Number With Dishwasher: 6
  • Number With Patio: 1
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Operating Expense: 16254.00
  • Other Income Description: W/D Coin Operated
  • Rent Control: No
  • Total Actual Rent: 15760.00
  • Total Expenses: 16254.00

Tax Info

  • New Taxes Expense: 9514.00
  • Tax Block: 5
  • Tax Census Tract: 8.00
  • Tax Lot: 14
  • Tax Tract Number: 65
  • TaxOtherAnnualAssessmentAmount: 184.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 For Sale $1,500,000 -- $318 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25137622

California Regional Multiple Listing Service (CRMLS)

California San Diego County San Diego 92104 North Park

3736 Mississippi St, San Diego, CA

This home is located at 3736 Mississippi St, San Diego, CA 92104 and is currently priced at $1,500,000, approximately $318 per square foot. This property was built in 1986. 3736 Mississippi St is a home located in San Diego County with nearby schools including Jefferson Elementary, Roosevelt International Middle School, and Kindred Montessori.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes
Danny Gascon
Listing Agent
Danny Gascon
Section Image
Harcourts Prime Properties
(949) 370-4069