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$1,500,000
Est. payment /mo
7,021 Sqft Lot
New
3736 Mississippi ST San Diego, CA 92104
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25138123
HOA Y/N No
Year Built 1986
Lot Size 7,021 Sqft
Property Sub-Type Multi Family
Property Description
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.
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. 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 four private garages, six 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!
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.
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. 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 four private garages, six 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!
Location
State CA
County San Diego
Area 92104 - North Park
Interior
Heating Central
Cooling None
Fireplace No
Laundry See Remarks
Exterior
Present Use Multi-Family
Building
Lot Description Level
Story 2
Water Public
Others
Tax ID 4530213000
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Auction
Virtual Tour https://www.wellcomemat.com/video/54fb5d7348ff1m793/Mississippi/

Listed by Danny Gascon • Harcourts Prime Properties • 949-370-4069