$1,895,000

Estimated payment $11,853/month

Total Views 797
4 Beds
4 Baths
2,436 Sq Ft
$778 Price per Sq Ft

Highlights

  • Ocean View
  • Corner Lot
  • Partially Fenced Property

About This Home

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.

Listing Agent

Chris Jensen

Christen Jensen, Broker License #01875205 Listed on: 12/13/2025

Co-Listing Agent

Cate Mitchell

Christen Jensen, Broker License #02153485

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 4,154 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Sprinkler System

Property Views

  • Ocean
  • City

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 4 Bedrooms
  • 2,436 Sq Ft Home
  • 2-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include n/k
  • 4 Units
  • San Diego Subdivision

Building Details

  • Operating Expense $5,302

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1960
  • Unit Levels: 2 Story
  • Property Sub Type: Res Income 2-4 Units
  • Community Features: N/K
  • Frontage: N/K
  • SpaFeatures: N/K
  • Security Features: N/K
  • CapRate: 4.03
  • Association Fee Frequency: N/K
  • Association Fee Inclusions: N/K
  • Co List Office Mls Id: 992576
  • Co List Office Mls Id: 992576
  • Subdivision Name: SAN DIEGO
  • BuildingName: NA
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-12-22T07:51:55Z
  • AgeRestrictions: N/K
  • FullAddress: 5707 Mildred St
  • Miscellaneous: N/K
  • ShortSale: No
  • Site: Corner Lot, Sidewalks, Street Paved
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Total Bedrooms: 4

Exterior Features

  • Fencing: Partial
  • Roof: Composition
  • View: City, Ocean
  • Pool Features: N/K
  • Construction Type: Stucco

Utilities

  • Cooling: N/K
  • Heating: Wall/Gravity
  • Utilities: Sewer Connected
  • Water Source: Meter on Property
  • HeatSource: Natural Gas

Lot Info

  • Zoning: R-4:MULTIP
  • Lot Size Sq Ft: 4154.0

Rental Info

  • Tenant Pays: N/K

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 4
  • Annual Operating Expense: 5302.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
12/16/2025 12/16/25 For Sale $1,895,000 0.0% $778 / Sq Ft
12/16/2025 12/16/25 Off Market $1,895,000 -- --
12/13/2025 12/13/25 For Sale $1,895,000 -- $778 / Sq Ft
Source: San Diego MLS

Source: San Diego MLS

MLS Number: 250045726

San Diego MLS

APN: 436-384-01-00