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  • 5635 Mildred Street

5635 Mildred Street, San Diego, CA 92110

$1,250,000 Approx. USD 2 beds, 1 baths
888 sqft

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Photo of Thomas Van

Thomas Van REALTOR® - Sales Associate 619-726-9832 m
Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com Text Me
Call My Cell
Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com San Diego Central Office
2355 Northside Drive, Suite 180
San Diego, CA 92108
Phone: 619-294-3113
Fax: 619-521-0100
 San Diego Central 2355 Northside Drive, Suite 180
San Diego, CA 92108
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Fax: 619-521-0100
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Listing Agent


Christian Ballow | Christian@genebowman.com
Lic#: 02046669
Broker: Courtesy of Gene Bowman Realty
Phone: 619-207-7601

Agent Remarks

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.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# PTP2603397
List price is $1,250,000 Reduced by $145,000 on 7/16/2026
Price: $1,250,000
HOA Fee is $0.00
Beds: 2
Baths: 1 (1 full)
None fireplaces
Built in 1954
888 sqft
1 story
0.11 acres
Lot size: 0.1135
County: San Diego
Zoning: R-4:Multiple Residential
Interior features: All Bedrooms Down
Lot description: ZeroToOneUnitAcre
Heating/cooling: None
MLS area: 92110 - Old Town Sd

Last Updated: 7/16/2026

 Days On Market (DOM): 100

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This listing belongs to the 92110 - Old Town Sd MLS area

Lat/Long: 32.768162, -117.191429.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Thomas Van

Thomas Van REALTOR® - Sales Associate 619-726-9832 m
Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com Text Me
Call My Cell
Lic#: 02077006
NRDS ID: 196577555
ThomasVan@bhhscal.com
San Diego Central Office
2355 Northside Drive, Suite 180
San Diego, CA 92108
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