5707 Mildred St - Apartments FOR SALE


San Diego, CA 92110- Morena
$1,545,000 USD
858-449-1277
5707 Mildred St, San Diego, CA for Sale
$1,545,000 USD
Apartments - FOR SALE
1/29
null | 3.96% Cap Rate

5707 Mildred St
San Diego, CA 92110
Morena


HIGHLIGHTS

  • 1 on site parking space for each unit
  • Each unit has a washer/dryer

OVERVIEW

Well-maintained 4-unit property in San Diego's desirable Morena neighborhood. Long-term month-to-month tenants provide stable in-place income from day one, with value-add potential through unit renovations. The property features a good roof, one assigned on-site parking space per unit, and an easy-to-manage layout. Parking is a valuable amenity and may also present an ADU opportunity. Ideally located minutes from the University of San Diego, Mission Bay, Old Town, Fashion Valley, SeaWorld, major employment centers, I-5, I-8, nearby trolley stations, and San Diego Airport, the property benefits from strong rental demand. A rare opportunity to acquire a stabilized asset with immediate cash flow and long-term upside through renovations and rent growth.

FOR SALE DETAILS

PRICE

$1,545,000 USD

PRICE/SF

$634 USD /SF

# OF UNITS

4

PRICE/UNIT

$386,250

CAP RATE

3.96%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,154 SF

ZONING

-

APN/PARCEL ID

436-384-01-00

ASK ABOUT THIS PROPERTY

Chris JensenChristen Jensen, BrokerMore Info
858-449-1277

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Chris JensenChristen Jensen, BrokerMore Info
858-449-1277

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.