3736 Mississippi Street, San Diego, CA 92104
Local realty services provided by:ERA North Orange County Real Estate



3736 Mississippi Street,San Diego, CA 92104
$1,500,000
- 7 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:danny gascon
Office:harcourts prime properties
MLS#:OC25137622
Source:SANDICOR
Price summary
- Price:$1,500,000
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 Diegos most sought-after neighborhoodsNorth 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 areasa 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 parkinga huge value-add for tenants in this high-demand pocket of North Park. Beyond the property lines, residents enjoy walkable access to Morley Fields tennis courts, dog park, pool, and athletic facilities,
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Home facts
- Listing Id #:OC25137622
- Added:7 day(s) ago
- Updated:August 02, 2025 at 02:08 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:5
Heating and cooling
- Cooling:Wall/Window
- Heating:Forced Air Unit
Structure and exterior
- Roof:Tile/Clay
Finances and disclosures
- Price:$1,500,000
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